With the turnover at over 1mill I suspect one or two nervous top 20 quit today,I am sure it was not place selling...current levels play into long termers who may have missed out on placement and for places to get the shares they were denied.
Normally with a placement there could be some movement in substancial holders.
I for one would like a updated top 20..the last was in the AGM report 2 days prior to placement..iy would be a telling tale.
Anyhow its "fortunes for the brave".
Todays announcement is well placed for a follow up visit to china steel and VRB's
A time like this you need a minty and more TMT!!