Hi amok, the only reason I think it smells a bit funny is that someone with 500k shares invested in a very small cap is unlikely just to lump the mkt with a 500k clip like that (and possibly more above also). It just isn't a sensible way to get set on your offer. Of course I may well be wrong but surely for those that are trying to get out because they are worried about being invested in a small cap then you would think they would at least feed it in.
But hey, I am probably talking my book to some degree !
Given the news and the prospects for this company it is just unusual to see such large offers in the market in the middle of what is very likely a material news flow for at least a few weeks to come IMO.
Anyway, each to their own and I guess we do have to realize that many shares got issued off 14 cents a few weeks back.
Bring on the next round of news !
ADE Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held