Remember, we are talking about an extra 600 million shares @ .01, on top of that 260 million in Feb @ .011 to S.I.s. There are probably some of those S.I.'s who are still "existing shareholders" who might take the opportunity to leverage that initial bet with more @ .01, maybe, creating a further overhang for a ST dump?? Also, who knows how many ST holders are there that will take advantage of averaging down to enable them to sell out quicker
IMO, ALL the data is there on public record to enable people to make their own considered decision regarding this SPP.
The only "smoke and mirrors" that I can see is the potential size of any overhang from those unhappy S.I.s from the Feb placement and existing" STs who were just punting on a quick ST profit. Very personal decision.
AKK Price at posting:
1.0¢ Sentiment: LT Buy Disclosure: Held
