RE: US house of representatives- huge below29 Apr 2026 09:57
I think it is indirectly through the 1.5% interest in Ciz Bio. From memory we tried to get to the bottom of it a few months ago and failed to get a definitive answer.
It occurred to me that the SP might have been pegged recently by the warrant shares being churned at $10 for 10% gain. Might explain the large drops every now and then recently?
I was travelling yesterday, so not keeping an eye on the trades. Looks like it was going fine in the morning until one large trade? Can anyone confirm? If so it proves how illiquid the stock in.
The money will be spent as stated. It is the source that might be different from usual. And was a placing necessary if a big deal was in the wings including back costs? You could just wait. Anyway, all just idle musings.
Here's a conspiracy theory for you. What if the recent placing was a way of allowing interested parties to get a stake in PRD, and therefore the deal, cheap and legitimately?