That's good because it shows the rise is just the SP correcting itself from the Seller or otherwise being oversold, that way when an RNS does land it will be from a better platform
Just saying it how it is. I'd expect this to top 2p today. Maybe even 3 this week at a push. But 50/60P is just ramping nonsense. Rampers want to take their profit before others sell and miss the peak
Even 1 sale to a trust smaller than the one in Manchester will put a rocket up this, as it'll prove its not just a mancunian pet project. Secondly, anyone telling you to 'stay short' is probably going to want to close their own short first before telling others to close theirs.
Down about £8,500 in value since buying. If it was a token gesture to keep the SP up before a placing. It didn't do a good job. For me this is a sign of confidence that it was a genuine investment and he intends to sell for a profit over 3.1p at some point
Thats for the placing, as far as I'm aware the open offer provided millions for working capital, that's probably why the scare story was added, to imply "IF the open offer isn't a success (which it was) THEN we won't have much working capital"
The organisation that holds placing shares won't be selling below 1.09, and I can't see anyone else doing so either. I'd be surprised if this gets even below 1.2, I'd anticipate more FOMO in the run up to the second EWT too
Out of the blue placings are par for the course on AIM. I think this one is a relatively good one. If you ever place faith in an AIM company then you must have been investing here for 5 minutes. I think the drop is more 'sell on news' than anything.