I think placement holders are going to stick this one out until drilling this time around.
Placement holders doubled their money the first time around, which has enabled them to buy twice the number of shares in the second placement. 3B had to wait for the share sales to settle after the big volume days.
Easy money for some. Still cheap at the current market cap and waiting for the spark to ignite.
Ann: Appendix 3B, page-5
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