RE: Why do so many posters20 May 2018 17:43
If brokers have forward sold the excess application facility and the warrants thats anything up to 42m shares that need to be bought back. Even if it's 5-10m there's going to be an almighty squeeze. Remember post consolidation on Monday there will be total of 104m shares in issue
The forward sellers can only buy in the placing if they were invited to participate.
And what makes you think Nigel Burton would allow them to do that after they've deliberately tried to run down his company share price and his considerable personal investment?