Since the release from escrow 46,889,682 shares have traded. We really don't know how many shares are being planned to be sold but if the total escrow is sold 143,910,318 will still need to be traded. Since the positive operational update the average daily volume traded was 6,142,997 shares. Hypothetically at most we will need another 24 trading days or about 5 weeks to absorb this potential overhang. I guess next announcement will either be the next quarterly or half yearly which should be coming out at the end of the month. I'm guessing this announcement will be the catalyst to determine whether the SBB thesis is correct. Even if it's "gambling" it still looks like an asymmetric bet to me. I quite like this bet as I have tailored a very nice little strategy.....
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Some facts and forecasts for SBB, page-37
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