This explains the recent sell off as people sell their shares on the public market to buy into the PP. The timeline to sell shares to get into the PP is now past for this first tranche and this should give us some relief. Many of the investors that went into this private placements only got half of the amount that they wanted. Hopefully, these investors will turn around now and buy into the public market and get our share price at a more reasonable level!
I am looking forward to the Resource World article that should be out Monday. Although the trust of it is about the staking rush in Quebec, GNH I am told is very well represented!
Glorieux