Like you, I have no idea what will happen, however they need a plan b to avoid de-listing and that's what a placing would provide. Let's face it there have been plenty of RNS's that have never materialised I suspect this is just PR to try and get a placing away, whether it works or not is another matter but someone buying shares at 0.8p, now, is a distant dream! My vote is on de-listing personally!
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