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It's been trading for less than a week, people are always going to dump after being locked in for 2 years nearly, just give it a bit of time. Even as a shell company this is worth north of 30m mcap.
Regardless of the amount of share in issue it all boils down to what price you go in at. This can do 50% in th blink of at eye, 6m mcap with potential 100m in deals - fortune favours the brave so they say.
I'd be very surprised not to see an RNS today, prior to relisting they must have some agreed plan on the direction they will take. I'm happy to hold here at 5m mcap with a 100m potential deals I feel there is big potential here - high risk mind.