Instead, I am watching it and popping some popcorn before the big newsflow comes and they let it fly.
I'm guessing that the "well-known small cap resources fund" wanted more than they got in the placement so now they're making sure that they get it anyway.
If they got enough in the placement they wouldn't let the SP go this low and would instead be pumping it.
Anyway, all good, strap yourself in and enjoy the action.
Cheers,
GB.
EXC Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held