jamwolf:
"The guys who were issued the placement stock on 3 Feb at 0.8c are getting out at 1.1c ? A tidy 37.5% return in a couple of weeks."
I think the participants in the placement are expecting a lot higher return than 37.5%
The placement of 63 mil was announced on the 20th January. The shares were issued on the 3rd feb...since then approx 300 mil have been traded...
That leaves a lot of unexplained turnover..
