RE: why has it dropped30 Apr 2019 10:44
irst up, you haven't lost anything unless you sell, which unless you are desperate for the money, I would advise against.
I'm sure someone will be able to put it more succinctly than myself (or even correct me if I'm well off the mark), but the Institutional investors know they are going to pick up large amounts if shares between 15 and 18 pence (probably nearer 15), so they can sell on their current shares for above that amount and pick up a quick profit. So although this is good news in the long run, in the short term the market is awash with cheaper shares.