overhang to be churned23 Sep 2020 17:31
we have seen in VAST and recently UJO, once placing shares admitted, expect overhang to be churned first. so, i expect sp to linger between 0.8p - 1p for next mth. sp may dip just below placing price, as seen in VAST and UJO, but any dip will be quickly bought hopefully.
i am looking to add, but will see how the churning will go. hopefully it wont dip well below placing price.