RE: Rumour16 Sep 2018 13:09
IMO- people like TW post based on their investment position! If they want in at a cheaper price, the put the company down and if they are loaded up, they pump the wind out of a company! I don't know if we are about to sign a deal, but if I were a director, I wouldn't want to dilute!
So, if there is a placing, I would expect it to be minimal, on the other hand is it a way for directors to pick up more of the company?
I personally think it is a scare tactic and looking at the trades on Friday, most of those "sells" actually look like transfers to me! If they are transfers, could it be Sigma (or someone else) taking a position.
If there were a placing, would it be open to pi's? For some reason, I would think that it would be significantly over subscibed and in fact could see a price rise or shares could be placed at a premium.