I think you will find alot of the selling is coming out of the placement at 8c. I wish the broking firms that place these stocks were a little more picky as to who they give the cheap stock too.
Most of these 708 investors dont give a toss about the outlook/fundamentals for the company....They only care about how big a discoutn the issue price is so they can smash it as soon as its issued!
nevermind, This trend could easily be reversed by early next week on the back of an announcement.
I think you will find alot of the selling is coming out of the...
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