We have to wait for the placing shares to settle down before any upward movement resumes. This has been the case at VLS which is now moving again after their placing.
This is most likely a reaction to this week's research note. Whilst it was very optimistic on the company's prospects it highlighted the need for a placing later this year.
RE: Expect a tick-up before close16 Jul 2020 17:25
Agree with all your points and figures and I would be happy to buy the maximum available. However the price may have firmed up by then so a higher price than 3p might be achievable.
RE: Expect a tick-up before close16 Jul 2020 17:11
Maybe people have picked up on the point made in yesterday's research note? This stated the need for a placing later this year and they suggested 3p as an example.