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Give them a chance, For a placing this size compared to current issue I think they will have to do a prospectus for a placing and would have to go to egm.
25 feckin % joke! why announce a placing then do nothing and let MMs do this, create zero interest
If we don't see any delayed buys today, bid just shot up!!!
Just Popped to 2.4.
should break. below dirs purchase
can change very rapidly. you have to wait for sellers to appear. it may well be the last ones below 2p. if you can get them
When in Rome.... Topped up again at 2.09 (shows as sell) and 2.2 That's it for me, nearly 1% of company lol.
where new dirs bought millions 11% each. at this level looks very safe and if the dirs can build to be like their previous company then this is a multibagger.
Shorter term look to be out or on the way out. could be a bounce back well in xs of 2.5p. very good management team in place and chris ingram still there despite having to take back seat. no choice as for illness.
I said that I would top up at 2.5, but given the current trend, I may wait another hour or so. I can't see the placing being any less than 2.5p, purely based on the current director buying. Maybe the concern primarily lies with the amount of shares that will be added in the placing. So, there is a balancing act to consider. I'm betting on the placement being done a slight premium to the director price, so will pick up what I can if the sp is low enough. If I'm wrong, I guess you can't win them all. But you got to be in it to win it, and some are worth taking the risk.
will see if ask dips below 2p... then I can see a few pile in again... unknown placing price isn't helping imo. The quicker they get that sorted the better.
It's a difficult one to call. The spread does nothing to encourage any sort of consistent buying. Currently 1.8 to sell and 2.25 to buy. I'm quite content to sit on this for a while and see what happens
Maybe I should have waited an hour.....
yes... painful but may buy more... played this one really wrong!
2.5p for millions. back well below that now
Another punt with a small top up at 2.42, anything larger they wanted 2.5p GLA
Also nothing to say the staff who sold the shares to the new investors won't participate in the new placing. Part of the agreed deal between the lot of them the share transfer Friday could have been to secure the deal.
why are you sure the placing will be at a premium ? If the directors are buying into the placing then they will likely be buying at a discount to the current price
Not going see much happening with that spread
Keeps creeping up
yes... load up at director price whilst you can imo dyor etc etc... low freefloat at the moment makes it volatile.
We are where the directors were buying on Friday, MMS more than happy to take stock and I'm sure any placing will be at a premium of the current price.
Did the new guys finish buying in ? Interesting week ahead
auction at 2.5... which way? Good to be talking to myself today :D
Can we cross 3p today? Bloomin hope so lol... or this week once placing done... gl