RE: £3.5m18 Mar 2025 14:37
Antha,
It is not that clear they were inside sells, the selling has continued today after the fact, it could just be someone was trying to get out and the placing came in the midst of that.
As one of the largest PI holders here, I am very happy they managed to get the placing away at the price they did and am now able to add some more when I can. The decision to raise is partly that it would seem grant money hasn't yet been forthcoming and also they have lots of leads they need to action and that takes investment, if they do that with current funds they will not be able further all leads, with this cash cushion they can. As I said earlier elsewhere, why poodle along at 56mph trying to conserve fuel, when you can fill up the tank and proceed at 70mph and get to the destination earlier...