RE: Poor from BOD so far8 May 2018 16:46
A placing takes some time, and was at a price consistent with earlier in the week. It was likely closed 24 hours before it was announced. Look at the price over the week, not on the day before the discount. Don't forget, the day before it was announced there was another RNS showing progress.
You do realise we are a speculative sub �20m mcap company with an already heavy institutional base. Sometimes 'more institutions' isn't the right way to build a book. We are very illiquid with exaggerated moves because of that - actually having a few more shares out in the wild might be a good thing for the market.
The price is going down because people are selling. TBH, if you need to have that explained then perhaps AIM isn't for you.
No anger here, just a huge smile. Not least because you're funny, but also my average is 3.5p.
Give me a shout if you need anything else, I'm happy to help.