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Is it true that UPL don’t actually own the asset ?

This is a screaming short in my honest opinion!

95 million shares to land in coming days

Only 13 million buys today? So who’s gonna be buying all of them?!

People saying this is good for the market but actually it’s a transfer of wealth isn’t it from the many PI’s into the few that are holding the warrants … if anything it’s gonna have a negative sentiment in the small cap space

This is one of those stocks where you see a spike on the historic chart and wonder what happened.

Amazing really that somebody can name drop a billionaire with no evidence at all and coincidentally be exercising 71 million warrants the very next day.

If the market believed it then the price wouldn’t have dropped from open. Crazy 33% loss for somebody.

You assume

Could be no more bids

Just a lot of warrants getting dumped on PI’s

From the usual suspects Bell & Melon

You assume another bid will come?

But all I can see now is a lot of shares hitting the market

Over 100 million newly issued shares coming here starting tomorrow. Market won’t absorb those so I would speculate the price falling.

Buys and sells pretty even today, so not that tightly held?

Don’t all the placing people have warrants too?

What ones are those Lost Soul

Almost certainly a sell I think that was holding it back when all the buys were coming in yesterday at 0.21. hopefully that means it will move free.

I think they want to buy when they see it breaking that 0.23 range

Heard turns up soon imo !

MEGA DIAMOND!!! lol

Max19 - This was confirmed not to be the case in the last RNS, where the company said they don't need to raise again as per their forecasts.

Gizabigrise. The placing was for 930M. We've seen over 2Billion shares traded around this price area 0.2ish. I'd say its definitely churned out.

Id expect that they will RNS when they get notice that they are going to be released. I cant imagine that they will go and sell them without notifying shareholders.

What re-rate ? The price has gone sideways for 5 months. Nonsense commentary.

Sandy, Agree with your comments, what I've effectively saying is, I would expect the Q3 production update to be broadly in-line with that comment - they already know how they are performing and as such that is my expectation to be delivering positive news. :-)