.24 Apr 2019 18:41
Contacted company...
We are aware of a sizeable institutional seller who is, unfortunately, dumping shares on the back of any kind of good news – hence the impact on our share price. Normally, large institutional sellers engage with the company and/or its brokers for such a sizeable sale; however this particular fund is resisting any attempts to contact them.
Clearly, this is frustrating for the company and shareholders alike – we are doing our best to generate demand for the shares as they enter the market.
In terms of our next formal update, we have provisionally set 24 September for our full year results announcement.
Best regards