RE: Have I missed something?29 May 2020 13:44
SamBar,
Some think that VAL is undervalued by at least an order of magnitude, if not more. As such they would expect non-core assets to be worth more than £2k - they may be reassessing their valuations and deciding to sell.
Some will be happy to get the opportunity to get cheap shares again; some will be even happier if those who bought in the placing do not get an opportunity to make a profit off a short term investment, especially if the buy price drops beneath the placing price.