Well it would appear he through his toys out of the pram with the appointment of a new COO. The fact that there is no expression of thanks in the RNS suggest Big Ron expressed his feelings by selling shares.
Like I just said car3y I have never witnessed. however I’m simply speculating if I was a placee involved in a 5p placing only to find out this morning that a director was insider selling while the placing was being negotiated. Personally I would be fuming and pull my funds from the placing.
Croxie are you telling me as a placee you wouldn’t be a tad p is off knowing that a director is insider dealing while the placing is being concluded. By the way check out the large sells going through the market.
I wonder if the placing at 5p is at risk , if I was involved in a placing with a director selling prior to placing news then would be a tad miffed and demand and negotiate a lower price.