RE: Never good when it goes BELOW placing price26 Feb 2020 12:05
c.15% below isn't far off the mark Mr.MM...........!
Forward selling on the part of the placees isn't allowed, not to say it doesn't happen...... :)
Sure they'll sell they're current holding in order to pay for placing shares. If they don't hold, shorting is the other option.........!
Regardless though, it's a positive placing, not a life style, keep the lights on placing............ IMO
All the best (good luck :)