I quite often watch the sp on the eve of the "bookdate" for a distribution or cr. Most of the minnows drop and some very strong shares keep above the offer price.
Noticed today a reasonable white candle with volume as trading closed on IDC on the eve of the bookdate - it didn't quite reach the 0.07 on offer but it does indicate some very strong support for a share that's to be knowingly diluted.
Nice result for those that have posted long and hard on this one and managed to ignore the knockers.
Back to my charts.
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