theres the reason for the pump, page-8

  1. 7,421 Posts.
    lightbulb Created with Sketch. 1604
    Mikepike, they sold 15% of their holding. I wouldn't call it a large dump when you consider they had 39m shares or almost 30% of the company.

    They just watched the price go up 150% and took some off the table. They still hold 25% of the company which is very substantial and stand to make massive gains once the company get re-rated.

    I would be concerned if they kept selling.

    I thought they did it quite well. They may have wanted to liquiidate some shares for quite some time. It was soaked up on high volumes and the share price still stands well above 8c where it was for so long
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.