Thanks for your explanation, now I can understand what has taken place, very interesting. On the face of it it looks as though WSBN ? offered the shares at a near enough 50% discount to the then SP? If I am I right it begs the question why? and also if the anticipated contracts really are going to be in place by Xmas as RP eluded to why bother to have a placing at all? Does WSBN have a cash flow issue?
Yes would be nice to see it go up, but today we have 53M bought, 8M sold. Now why has the price dropped so much?, Todays RNS/placing and early selling of, do you think?