MM's have played an absolute blinder!!!30 Jul 2024 15:28
You've got to give credit to the MM's. They have played this to perfection. They took a 100,000,000 shares in the raise, they then ramped the price up and drew in all the rampers, rainbow chasers, gold prospectors and mug punters!!! Whilst they the MM's were offloading their shares to a captive audience. It's an absolute brilliant strategy. They're now very close to being completely out. You'll know for sure when the SP completely collapses. They're not meant to go short, but they do, and they do naked!!!