Surprising that it's taken a breather. After the placement you could buy as low as 38p so it has to work through profit takers before making further ground. Excellent volume though so the hangover should clear soon. Loads of new to come and fully funded.
Me the key factor that has changed is the volume traded. As one who has been here many months it is very apparent the distressed sellers like Acacia have gone and new heavy buyers are moving in. The market generally knows first so this should be a very positive development.