Placing overhang24 Jan 2026 22:43
just musing over numbers… i mentioned £0.5m days…
looking at late posted trades over £20k (isa limit) for the last 5 days as an example…
23rd jan - 462k
22nd jan - 355k
21st jan - 565k
20th jan - 1,055k
19th jan - 385k
which gives a 564k average….
20 trading days since 23rd dec 564k x 20 = 11,280k (11.28m)
we also saw some pre-selling, but the $20m raise (£14.66m) looks like it is not far from clearing…
add to that the fact that excitement should build, the last day to sell for clearing liabilities for tax in the uk is tuesday, that we have been trading above the placing price recently, how we expect to see the final sign off in weeks….
i think we see a bump in share price any time now…
£3.38m / £0.564 = 6 trading days…
so i reckon, you can pick up cheap shares this week, and the week after or the week after that they will no longer be so cheap!
* pure back of *** packet - i’m holding my existing shares…