Promoted today by at least 4 major promoters. 130M or so shares traded. Looks like 100M or so new shares put into the market to raise capital when you compare to the volume levels over the last couple of weeks.
The good news? The company probably pocketed substantial operating capital from the sale and since this is not a routine practice, it may not be required again for a while allowing the share price to move again unimpeded.
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