why didnt they just take a placement at say 15c when the price was 13c. They could have bought 10 million shares and injected $1.5 mill into the company.
8.3 mill shares would make it 5% of the company.
No its better to buy on market and push the price to 33c lol.
80% of the capital changed hands today.
Speculators selling to eachother. you cant seriously think this company has big news up its sleave?
I would be wanting blood from management if they did and let the share price drop to 10c.
cheers
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