We'll know soon enough.17 Jul 2020 18:46
This share used to trade at 40p with an MCAP of 20+ million, so there are a lot of investors underwater here. As well as the buys there have been some chunky sells. Who's doing the selling? There was an 'exercise of 7,000,000 warrants' on the 15th of May @ 0.68. It seemed like that was enough money to get them to the deadline day of the 28th of July. Looking at the charts I think those warrants will have just about gone. I don't think the larger shareholders will be selling at this price [0.55] They must have been working hard on something and we'll know soon enough.