RE: Bounce20 Mar 2024 14:53
Yup - the, apparent, correlation of the numbers is interesting.
I guess all you can say without knowing anything for sure here is that if the company are £21m in the hole then they've just had that, and more, wiped from the mcap so on that basis, it's as good a buy today at 4s as it was yesterday at 8s.
c£20m placing at 5p?
Who knows? *shrug*