Redi
They still hold 12-13M
It is a staggered release from escrow as far as I know with no limit set as to how many they can offload
They will do whatever they want
Once again, too much equity given away at a suppressed share price (by my calcs their average around 15-20c ) = selloff at higher price (why wouldn't you?)
Eitherway it will not go on forever..
Shares to drilling company - when will the sellout end?, page-2
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