RE: ASX & Chi-X (AUD)11 Oct 2019 14:43
placement announced 12thSep 540M shares.
since 12th 493M shares traded across the three main markets, as ~half of those are likely to be buys a lot of placement shares must remain unsold.
WE do NOT know what the intentions of the "Sophos" are, will they hold for 5%,10%,15% or more so potentially we may see some more drops of shares, it's a fact and may delay or sow any SP recovery but ultimately we will work through the overhang (what ever it is). :-)