Where Is The PP Money Coming From? The ones Buying The StockFrom the insiders (in my speculation).
If a director crosses shares, re-invests in a PP, its the buyer who provides the funds really!
Just like last 2 times PP were done, from what I saw.
Its just selling the stock to buy it back and dillute the corporation.
If there is management/directors taking part in a placement with fresh money, its not likley coming from stock being sold.
Ideal situation would be holding all shares, and investing new fresh money, in my opinion,