The new shares will be tradeable next week so are there some punters feeding the sell before they expect a 'soph sell off" ?
Just as 7.3c gets hit the 7.1c and 7.2c load up again with around 100k sell. Been happening for a short while now. Seems to me someone getting out which is strange given the likely hood of double figure share price very soon. Normally you would say being manipulated to keep share price down but certainly buy and sell patterns aren't supporting this imo?
Also being a tad cynical I also wonder whether an announcement will be forthcoming around Friday to soak up those that wish to take stag profits?
"The Placement is scheduled to settle via DvP on 2 March 2018 using a portion of the Company’s existing Listing Rule 7.1 placement capacity (12,703,000 Shares) and the additional Listing Rule 7.1A placement capacity (28,697,000 Shares)."
CRO Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
