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What is happening however, is the Shares are being hoovered up / Taken by II's etc , and also those who held before - even with the placing shares and NEX retail offer more shares need to be bought to bring averages in line (think of a PI averaging down) the ABSOLUTE min people could have held at prior too was 29p - most would have been north of 40-50 p . Hence my absolute conviction 14 p is absolute min fair value - there are more experienced posters than me who can explain it better and calculate it circa 18-20 p .
Noba - thats not true mate - the placing shares have been issued - however there's an II with a large chunk - would be spectacular if they took managed to take that many pre dilution !! SP would be north of £3 !!!!
RE: MMS out of stock ,move the bid23 May 2023 19:30
I'm guessing a significant shareholder is adding so there's a big buy order being filled. In addition to taking retail offer ... remember 14 p min fair value ... . Poss 18-20 p