Well, there are buyers for 1,070,000 at 7c and above.
Just for argument, if all applications in the SPP were for $15k then there would only be about 120 additional SH. Pleased to be one of them
About 10m shares trading so far in August, for > $600k. Or about 1/3rd of the retail CR. Looks as if the big volume hit in early Aug was an attempt to accumulate. Appears to be a lack of sellers from the CR despite a very healthy % gain, over 40%.
I think FOMO is the order of the day - a wonderful game of chicken!
Patts clients are in for about $200k profit already so expect to see some serious off loading over the next week or so.