Even if the sales are slow, they all reduce cash burn and could push any potential placings out further and further. Even if none come at all, we're should still be fine until well into 2025
Could be people liquidating capital because of no RNS, to buy into another stock, will sell that by the end of the end and be back in here, in case of an RNS tomorrow IMO
I think either the placing shares are now fully burned, or at least they've taken the foot off the pedal until things pick up again. Can't see this staying below 1.09 for long, even if it lingers there for a few days. IMO
Just churn, some expected the placee to hold long term, SP action would suggest otherwise. Rough guess of 41 million churned today by taking sells off buys