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How do you think it will pan out with the 23/12 placing? Would it not make sense to RNS all known news to bump the price, knowing they have X amount they can buy at 7p then potentially sell straight away, raising more funds for future investment than the actual lacing price?!?
If they think the price will drop to 7p or lower, why have a placing at that price?!? That amount if shares at that price could even drop it into the 5’s! Less investment money for development or, as I’m quite new to this, am I missing the point somewhere? GLA
I like your thinking, but how could they sell by auction without informing the market? Would they issue a RNS? Is this practise well used? I honestly don’t know any of the answers but an auction system would be very good IMO
I don’t believe there is a big seller, just PI’s with round figures. Look at the spreadex selling, this is nothing like that! If a seller does arrive this will be back in the 7’s! Ended in the 6’s last time with spreadex and good news, this is gossip and PI’s hold firm guys
It was positive news but nothing we didn’t already know really, Dan probably just steadying the ship just a little. Patience is the key here, switch off a little if you truly believe in your investment. Rome wasn’t built in a day and NXP001 ROW, NXP002 development and Ebers certainly won’t be built an the last 6 weeks. I’m not worried but only have 100k invested, happy with my choices DYOR