There was simply nobody left to drop shares at the 2.5c mark....

There was simply nobody left to drop shares at the 2.5c mark. Probably all bailed like me. However, the next tranche was at 3c - so hence the 30% odd uplift. Bigger picture - this stock is still down over 80% over the last 18 months. Bloomburg and Co. talk about a capitulation for some stock - 50-60% - but URL takes some beating at 80-90%. In all honest, the melt down has helped those trapped in URL get out - since you can upgrade relatively cheaply. When the market lifts, some of the super cheap plays will lift up that have got their act together. I can not say the same for URL - far too much still to achieve - get finance, build plant, get production going etc.... it has dragged out far too long. They can take lessons for CUO, PNA, OZL and others on how to get a project going. Hell, PNA got a similar grade project going in 3rd world Laos - we can't even get anything going in 1st world Australia. So much potential with this stock - such a shame a pack of old men with no clue running the show.