we are 40% through the churn27 Apr 2021 19:56
Evening all, i did top up another 540k today, the seller was a bit more aggresive today. I have had a look at 5 million block sells or greater since 22nd March and 13th April when the shares hit the market to try and see roughly where we sit with the churn, in LSE and AQSE markets
From 13th April to 4.30pm Today, I counted 92 Million shares sold
Total block sells of 5m or more from Placing announcement of 22nd March totals 182million shares, so roughly 40% shares churned. The low volumes of late are not helping clear these quicker, we some good news and a few high volume days to flush these placing flippers (and the 0.3p warrant holders) out.
On current volumes it could be another 3-4 weeks to churn these out