Busy watching all the 50,000 share sales going through. These will be people who took up their full SPP allocation hoping to flip for a quick profit (oops) or to free up cash.
The share price will be under preasure until the SPP shares and the new options converted shares settle down. The next couple of days seems like a great time to buy given the volume of shareholders selling for portfolio reasons alone.
Busy watching all the 50,000 share sales going through. These...
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