Has to be one of the big boys on the register. They are the only ones with ammunition. They all got their 5.5c issue price in two tranches. The below is taken from the 3B on the new issue to Goldfire.
"5,454,550 fully paid ordinary shares issued at $0.085 per share and 5,454,550 fully paid ordinary shares issued at $0.025 per share."
With this is mind, I can't see them pushing it below 2.5c. If mine development is driven purely by equity then these guys either want as many shares at the lowest price or are afraid their current holdings will be subject to massive dilution.
Time will tell
BNR Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
