RE: Placing RNS Announcement27 Nov 2020 11:21
If you read the RNS it was actually priced prior to the price move yesterday (closed and priced on Wednesday). There is no way the management could have predicted and accounted for yesterdays big move. It would have taken a few days of prior marketing when the stock was trading in the 5p range so arguably this is even better as it was placed at a premium. Market was happy buying the potential of this stock yesterday fully aware that it needed funding, it now has that funding to accelerate theses projects.... hindsight is a wonderful thing but you have to announce as soon as information is available