I have noticed at times people think Instos or top 20 holders think like retail traders despite trading larger funds
In reality and my experience this is not the case , they usually hold long term , for instance I think given this business an Insto maybe 2 will take the $3m float , public won't get access . They don't go and do what the retail trader does which is stag a profit for a few cents , they will instead take a longer view of wanting to see it commercialise . Funds don't risk $3m in a venture just to make 30%
As others have forewarned the only way to get access to this stock is to buy it on market , and given its capital structure it will mean buying up
However my numbers when compared to RAP is a market cap of circa $90M is around 10c so plenty of upside value .
Evidence of RAP is this type of value can be realised in less than 6 months
MNQ Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held