~220million shares to insto & sophs @0.026
~76million shares to Sprott group
~53million shares to SPP
Issued ~Mid November 2016
My point being is thats alot of shares that have never been in profit!!! hence the tough resistance/constant supply...
I posted this on the chart thread as my possible reason for the sp struggling....was just a quick look on my behalf tbh...
At a glance this Sprott group (&clients) seem long term? but thinking the sophs are feeding stock in at a loss...positive is they will run out of stock at some stage!?!...as long as we dont CR beforehand that is!
just my very basic thoughts...wondering if the guys/gals that have been here a while and have a good FA understanding have any feedback.....
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