There have been too many "too big to fail" companies who have done just that.As TW has said why would any backers pay whilst the sp is high?Look at FlyBe. 1p final deal which was way lower than the closing sp. Ouch.
was away from my computer throughout trading hours yesterday.....I'm sure we'll see the high 50's again, one day?!! But is it time to top up as those shorters will have to cover their positions again soon.