RE: KIBO 202110 Jan 2021 17:40
Firststopthemoon I don’t think it’s a short position you would have to be a huge gambler to do that at these levels. I would imagine contractors offload their shares at the first opportunity as I can’t see any reason why they would want to hold shares in Kibo. For PIs, it’s a possibility but as you say you would think most if not all have to be losing at these levels. It has to be someone but hard for us to tell as there are so many shares in issue there is no shortage of shares to buy. I’m hoping what Gillie2 said will happen that LC is relying on good news to increase the price and get the warrants exercised and money in. The thought of another placing, then consolidation then placing and so on, well it’s not worth thinking about.