RE: Placing10 Jul 2018 08:55
Obviously all depends on price for the asset and terms but people just saying placing off one tweet that's not come from the company can cause panic and people to sell. If the RNS gives a good steer that the placing is guaranteed for the asset and placing is sold forward at today's price or higher then that's fine. But an enormous placing at this level will mean that long term holders will have to wait even longer for a return unless they heavily average down.