RE: Not so Fab28 Feb 2024 17:53
It seems the dim one is the person that lost a packet, that they couldn't afford, investing in this before last years troubles, that then comes back to haunt the BBs in a fit of pique and has the temerity to call out other investors as dim....
We'll see what happens but from the last placing, it looks like several Institutions took up a lot of the placing and Directors the subscription, these all still hold those shares.
The retail offer only saw a 22% take up and yet these would have been the people able to make a quick turn if they so desired and they could have profited, so why didn't the SP sink back to the placing price immediately after the issue of shares? It took quite a while and more bad news before the SP sank back to the 5p level.
So I would think the same and more will happen here as the discount to the SP was extremely small and that is not likely to interest the bucket shops that you would like everyone to believe will be selling out on a sniff of a miniscule profit. I also see the news flow now turning positive and the SP reacting to that, as the turnaround continues to grow.
I've made my play and you obviously are unable to , so we will see if my opportunity or your bile, win the day....