Well can only say it is a stock by stock case. Depends on operator, well we the bilis are actually always at the mercy of shark.

But if one convert the OR at 1mil unit at 5.5cents, and when got list 15march, and for the sake of argument at that time bsl is at 15cents, first logic they can just sell immediately with 9.5cents profit, more than double their money. What happen if hundreds of million got sell on that day? By logic seller > buyer, then price will drop.

But also, stock market don’t always follow logic. We need to be careful all the time.