Since the cash call trading in the shares has ballooned.
I'm sure a high % of this increase is down to existing shareholders selling to free up cash in order to take up their allocation of new shares and support the company.
I was wondering, who is buying these extra shares or if no-one why has the share price remained so stable. Any ideas?
Come on folks, who gives a hoot what someone buys or sells. It's all down to your own strategy. QED is what we are here for. If someone wants to post their daily trades they have a motive. Best advise is to ignore. Jmo.
The open offer was undertaken to appease those shareholders not wanting further dilution.
The important raise was the placing which I'm sure the company believe will get them over the line to on going revenues. Further funding csn then be sorted at better value. My opinion only.
That the company announces, that the company announces, that the company announces, that the company announces, that the company announces, that the company......