RE: Massively oversold considering te 390mil Order Book.30 Sep 2024 15:29
Clearly a seller has placed a large sell with an mm, you could see earlier how the rest wanted to move up but the one held it down until it's disposed of. Then it'll bounce back towards 1p imho.
As for the scaremongers, obviously it ain't ideal, but they have enough cash to avoid going bust and suspension, for now. This from the previous trading statement.
Cash Position
Cash as at 30 June 2024 was £5.0m. While we expect this to reduce towards the year end, no further funding is required.