On L2/3 all day the price was held below 10p all day with c.500k of sells offers on the LSE automated book at 10-10.5p. At closing UT (closing auction) someone bought all shares available in auction up to 9.9p.
My guess is either someone accumulating up to 10p or they are about to announce a ‘possible’ raise at 10p - only ‘possible’ as elements of it need shareholder approval.
Clearly I would rather someone was accumulating but it was rather obvious something is happening?