from advfn17 Jan 2011 07:48
I cannot seem to understand the market at all. The company issued shares to Allenby capital Ltd at a rate of 2p per share where as share price is languishing below 1p. I wonder why Allenby capital accepted 50% discount to the market price in order to settle their fees unless they are expecting or assured by the company that share price will shoot up with upcoming RNS/Trading update(if any)only god knows.Good luck to you all