It wouldn't surprise me if the institutions that took part in the 55p placing started buying to reduce their averages !
Now that would add some flavour to proceedings !
Not making it easy for the sellers to get back in ! Excellent news for a rise IMO new money / new targets coupled with a possible 10%ish long position by the company .
Could the institutions that took part in the 55p placing be thinking of buying to reduce their averages ?
Now that IMO would put a huge squeeze on available shares ! Just a thought !