Yesterdays Appendix 3B referred to the "last convertible note" being converted for 125M shares.
The fact it was the "last" would suggest to me that it was the last instalment under La Jolla... and it looks like they didn't spare any time to sell those 125M (plus some more they had left from before!) for a profit.
On the up-side, this hasty exit would strongly suggest that they have held back no shares at this point, so the SP is free to follow any news from now on.
Yesterdays Appendix 3B referred to the "last convertible note"...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.21M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $9.196K | 1.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 9942330 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 11449789 | 11 |
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| ASR (ASX) Chart |