Still have no idea who got these holdings after enquiring about. Tight lipped.
Personally? I think we are going to see some downward pressure for awhile. Those 110 million shares, will have to be churned out. Good thing I came in with a pilot entry knowing full well they needed to do a placement. Just didn't know they were willing to do it so soon with these VWAP prices. That being said, I think the upside is definitely high from hereon.
Might have another placement in October/November, but come December, I'll have a price target in mind and hopefully the POG macro supports this for the time being.
Will be short term pain boys, so let's see who can ride this out.