Remember.......It was back in April when Nicol et al announced IR deals worth about $200K.... the purpose of which was to promote the corporation, build awareness and support the share price, which at the time was north of $4.25.
Here we are today with a price of $3.20 and we've been as low $2.73. And then they turn around and do the bought deal near the low for the period.
Oh and don't forget the warrant!
This going a lot lower....IMHO