RE: Downside10 May 2020 16:41
With normal shares one would expect the sp to temporarily drop to near ( 5 - 20% ) of any given placing - while placing participants sold what they wanted into the market - thus not a bad thing as gave pi's a chance to add at near placing price - then sp would rise when overhang cleared - then everyone happy as have bought shares cheaper - but with these CV19 opportunities the norm does not appear to be relevant ( as with AVCT placing )
The sp has held very well - well above the placing price - as the demand for these shares is almost unprecedented - very much in demand - and so no reason for mm's to take lower as buying volume is still very strong - so I expect the price to rise to £2 - £3 - £4 when news drops until any placing shares being cleared - then when cleared onwards to £5 when start producing and sales come in - gl all