I doubt Celtic is unaware of the potential as they still hold 400M shares ( no new notices of changed holdings) !. It appears at the moment they have only sold off enough to recover the $700,000 they spent in the SPP . Of course they also get the bridging loans back from the cash of the SPP so it's all free carry from here !
They also are providing a $10M equity placement facility going forward that AYN can draw on ( paying only 85% of 5 day VWAP or less ) , so it seems they may have seen the opportunity to keep making money out of AYN . I just hope theres some left for the rest of us ...
AYN Price at posting:
0.3¢ Sentiment: None Disclosure: Held