actually what it does indicate is that it is being held in check...

actually what it does indicate is that it is being held in check allowing for its assets.. particularly copernicus.. and the U assets.. no market response whatso ever..

now as to why..

a need to raise again to cover the smy influenced delay in copernic...

last time they raised it was supposedly well flagged thruought the "market" they would and roughly at what price.. so chart action appears to be the same again..

my bet a raising and/or the consistent seller either ups stumps.. or shows their hand for what it is.. a capper allowing someone time to buid their stake..

why would smy want to share copernicus cashflow.. particulalrly with the bad blood between the companies.. hypothetically speaking of course only,

my opinion only DYOR