Ann: Capital Raising and Company Update , page-5

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It's certainly possible with these sorts of plays to see a sharp retracement, but i look at it that despite the 40M shares sold in the last two trading sessions, along with a capital raising, we have still managed to hold most of the gains on this leg-up from 004. The vwap was a very healthy 0082 in y'day's big session and a tick under 008 today.

We also don't know who is accumulating but it could well be Apogee increasing their holding or someone with a lot more knowledge than ourselves on the coy's future direction.

I'm big on taking profits in most cases but happy to hold this one into transaction announcement. The setup looks too good not to push through 1c imho.