They only needed to buy $1.2m initially and over a period of time so nothing material (less than half the volume in January). And if there were other buyers - where are they now? Whey is the share price half the placement price? And how come they are not buying on market now to average down if they have so much conviction?
Apologies for the inconvenient truth, but pontificating doesn't work with this one
MYQ Price at posting:
31.5¢ Sentiment: None Disclosure: Held