"5.4c doesn't seem a lot to me"
Will soon enough.
Dont worry though, tomorrow or Monday back up to 6.3 or so and we do it all over again next week. I look forward to making another 7 1/2% minimum. Why wait for multibag when you can make it yourself on this share. Dont let the brokers have all the fun.
I think they may be trying to churn the placement shares before the EGM. 1b traded under 10c by EGM. Plausible ?