Albeit, last time the tranches were quite a long time in between so it seems plausible that the shares are placed, the buyers then sell on market (for a profit if they can) then put the money back into the open CR? A possibility at least yes?
It seems like a very plausible scenario to me. It was quite remarkable that it took several weeks to finalise a $5m placement last time.
Albeit, last time the tranches were quite a long time in between...
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