I disagree, FIL are buying stock through Deutsche Securities- net sell value $90k vs net buy value of $800k this year.
Since the first tranche was issued (asx only) 610m shares have traded (argonaut crossed up plus 100m shares from a stale holder during that time ). I normally look for twice the placement volume to be traded before assuming placement overhang is possibly cleared.
Multitude of brokers have sold since July last year but they can only sell once and not much to go now imo.
DYOR
PM8 Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
