Some really interesting debate on here over the last few days. I think 20p is fair and realistic and I’ll come in then. Short closed and now ready to go long. GLA
It’s ridiculous isn’t it. I’m def no trading expert but I can read an RNS and look at a history of a company and normally come to the right (ish) conclusion
I feel for they peeps who were spiked this morning and no doubt after reading ramping nonsense. That why it’s important to keep giving alternative views regardless if invested or not. Despite numerous warning myself and truant called this pretty much spot on. Imo this keeps gradually dropping until actual sales and then it’s just rises to todays levels. DYOR
It’s the best outcome holders could have hoped for but make no mistake - this is a placing badged as a “drawdown” - it’s highly restrictive on the SP it immediate dilution avoided - well done
The SP has gone up 1.5 x over the last few months and despite warnings some simply refuse to accept that the news was priced in. What we are now seeing is people realising that cash is king and no sales = no cash. Placing incoming. It’s laughable but then that’s why PI’s are an aim CEO deal audience. Have a good weekend - hope those who sold made some decent ££