RE: Placing at 3.2p seems likely2 May 2020 12:00
Nothing has really changed here at VAL, a "leak", massive orchestrated pump (that some are still relentlessly doing), so similar to the Beaufort rise from a few years back.
Placing price probably done DAYS ago, which takes us back to around the 4p mark. And clearly these would have been forward sold into this rise.
Has anything been signed & sealed, no, will something be signed ? YES another placing.
Feel for the ones locked in and instantly diluted, welcome to the new VAL which is no different to the pre consolidation / George / Satu one.