Also should be added that Pattersons have been net buying since it listed in April. They have 16m shares I think with an average of 6.6c. Perhaps @Waiting4Godot would be kind enough to share some broker data from 1/4/16 until now if you have the time mate. They aren't listed on the T20 or any sub holder notices so i'd say its split across a number of accounts or their clients. Either way, they wouldn't keep buying week after week if they weren't expecting higher prices. I hold btw.
Also similar scenario is APC - Hartelys own like $4m worth at average 9c I think off top of my head. They began "coverage" in late Dec, price target 29c. I dare day they will orchestrate a pump to offload that holding at some stage. Maybe its started, slight tick up last 2 days and no sell depth.
