RE: First Island Trust22 Oct 2018 22:40
zeusfurla, welcome - and a short answer to your question.
They bought something like 41M shares at 10.3p - that cost them 4.2M pounds.
They are selling at around 29p so have made 181% profit ( GBP 7.6M) in about 7 months - I bet that they cannot believe their luck.
Remember not all placees are not the same as investors, some even flip their shares the very next day, shocking but true.