I read it as some SI's getting in from the placement bailing as...

I read it as some SI's getting in from the placement bailing as fear is the sudden removal of nearly all BoD and cost cutting focus is because reality is they have failed to make traction in turning MOU's into licenced revenue, lack of interest in their smart home proposition at recent CEDIA event (read IOT adoption wise is slow and not happening as quickly as many anticipated).

We have been promised many updates over last few months and not materialised......I think this could drift lower yet imo as not many buyers but lot of recent volume from 250m placement shares of which many would be getting twitchy and possibly bailing at this point.