U r probably right, the big investors instead of individual purchases, take stakes through placings just like paternoster took 11% stake in OTC... Although I could see future institutional investors getting placing shares on significant premium based on the rising valuation of their asset...
it would all depend on the mining sector sentiment and the gold prices....both of which are currently in favour of ortac resources
I think the "someone" is all us little PIs geeeing each other up because we think something positive is going to happen in the short term, which may well be the case..... The individual deals aren't big money...
bid stuck firm all day. if you ask me that ' L' 50m is a filled order. check the day before the news on Casa, it didn't budge on a frenzy of buying. that was stuck at offer 30p tops. still all in the wash £10m mk cap and we'll still only be even stevens on the assets. this has nil liabilities.
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