Sohp haven't even started to dump yet one would think, they did pay up only 1.8c... yes ? Some large sells of 1m to 2m shares dumped in one sell order indicates that some have. We can only guess as to their reasons. Of course we have no proof. It could be a top 20 dumping in 1m to 2m lots so all we can do is hypothesise.
I think Significant amount more to realize/consider than just the Sohp crew shares that being 146,555,556 and a few retail mum/dads existing/flattening - as you say the share price.
ie :
Like gawd there is an additional whopping 196,791,274 mil shares just issued also that need to be distributed to the market for these associates to cash in so they can get payed for there services etc. What actual price you think will they be more than happy to cash in at and still make huge acceptable pay back. At what price is anyone happy to cash out their investment? Too difficult to anwers that one as everyone has different expectations and time frames.
And crickey (spell check crikey)
Have you or others any concerns about the new loan lender Magna, that appears via I'd say - 'commitment share fee' ? 44,700,000 mil shares that must of just been issued to them that has put them in the T20 list as per acording to within company announcement : ( Covered already in BK's and my posts. It is likely that these lending arrangements have initially held back the SP in what is after all a very promising acquisition. Why the initial agreement fell over we don't know. It certainly caused re listing delays and angst. What happens next remains to be seen over the next couple of months. At the end of May I will reassess whether I still feel comfortable with a long term hold from here. ie 2021 unless something happens in the meantime to change my mind. If the goal at the end of season is a premiership I don't think a few lost games along the way make the cup unattainable. I am sure there is a moving the goal posts metaphor somewhere but at the moment I am still in team colours.
VEC Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held