thats the glass half empty thought.The Glass half full approach...

thats the glass half empty thought.

The Glass half full approach is:
1) company had wrong advice regarding having to go into trading halt.
2) Bots took control on Friday and as holders are set, traders are out, mistake caused Bots to play.
3) Maybe company believes that China's buy up will take out most of capital raise and as such will allocate the shares holders do not want to take up to the Insto (chinese) investors.
4) where is $1,000.00 invested better, AKM where resource is almost complete or CEO where it has been found and there is significant upside on resource size. AKM you may be lucky to get $2,000 for your $1,000 in 6-12 months, CEO $1,000 = $5,000 plus in 6 - 12 months.
5) 80 km from ultimate end user. Wouldn't a few mill be better invested in securing up your cost base and protecting against raw material price increases?
6) With BOTS decreasing share price and company not going into trading halt it will insure that small retail investors will not take up their rights.

Personally the less that the retail investors take up the better as they are ultimately the ones that are released earlier/first for sale and as such the less retail takeup the better for the future (better, tighter register).