if the major holder exit now, they know the share price gonna go to a downfall, upto 1cents level, even before they fully offload. if you were major holder would you do that? or least wait for st Andrews deal to go through and exit at realistic price?
so my prediction is they are not that stupid and they will remain put and exit slowly, very very slowly. that means the share price gonna hover between 9 cents to 15 cents until st Andrews deal is announced.
FIG Price at posting:
9.0¢ Sentiment: Hold Disclosure: Held