RE: Placing shares2 Sep 2024 10:46
Forward selling is illegal. A TR1 is required either way. The company stated shares would enter the market at 8am on Friday 30th. Were they forward sold hence the 100,000,000 print on 29th? Think I will contact the market abuse team at FCA to look into this? 560,000,000 shares issued @1.09 officially able to be dealt with only on 30th so somebody/entity owns them. Is company BOD not bothered that each discount placing never had any TR1s? Will they be bothered if forward selling has indeed taken place? All these cheap placements stink! IMHO DYOR