Latest Placing10 Sep 2025 09:17
One can hardly feign astonishment at this latest placement, given the precedent set by the initial offering on 7th July, which was executed at a rather audacious 66.6% discount. However, what raises eyebrows is the curious decision by both the CEO and Chairman to trumpet their share purchases via RNS announcements, fully aware—or so one would presume—that their investments would be submerged mere weeks later due to a subsequent placement they were undoubtedly orchestrating. Is this a case of staggering oversight or a calculated manoeuvre to entice unsuspecting investors to the precipice of financial ruin? The optics, to put it mildly, are less than flattering.