RE: SP23 May 2018 10:27
Sorry for the delay guys! Wednesdays is a long excercise night in the evening so that I only reach my workdesk by 10 a.m (9.00 GMT).
Finncairn, so there was the mentioned retrace below 10p.
- The Sp fought hard to maintain the 10.05p support
- And once again 10.25p is maintained nicely
- If breached, then retrace to 9.50p for some odd reasons.
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"Why would the powers that be want a lower SP when raising funds?"
Tomcorvid, because this company is dominated by large individual holders as well as financial allies of this company (like JP Morgan). Some of these people have been buying large stakes ..
Without the dilution ARS would be 15-17p today.
JPMorgan Asset Management (UK) Ltd. 77,563,754 (8.36%)
Feng Sheng 42,822,430 (4.62%)
Namarong Investments Pty Ltd. 36,334,069 (3.92%)
Antony James Manini 31,405,095 (3.39%)
Faldi Ismail 5,479,395 (0.59%)
Stephen Gregory Hughes 2,842,152 (0.31%)
Peter John Pollard, PhD 708,501 (0.076%)
Peter John Bird 181,818 (0.020%)
Raynard Andreas Edmund Nicol von Hahn 160,994 (0.017%)
(Someone tell Mr Bird to grabb some more shares!!)