Director buying is very important sign - but never buy at the bottom ... interesting situation - so much volatility, so many possible explanations ... probably just the original irrational exuberance still unwinding (but Sprott looking a bit sheepish - maybe you should be congratulating the directors on that placement?)
Money markets are getting very tight, so cap raising may simply be for emergency money in case fund markets seize up later or maybe they want to convert to USD now for spending in Eritrea in case the AUD tanks and also give a bonus to the believers who have ridden the roller-coaster.
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