supply and demand

Prior to the Cash Raising there were 477,220,955 shares. The Cash Raising was 62,800,000 shares , making a total available supply of shares of 540,020,955. Today the sales were 16,766,578 shares which = 3.1 % of total supply. This would indicate that the vast majority of shareholders have excepted that the Company is now in a stonger financial position and that their shares have actually increased in value. In the circumstances the price held up as well as could be expected. As we get further into the drilling , the demand will increase and so will the share price.