Selling and Perspective2 Nov 2018 14:33
The selling pressure is five fold IMHO:
1. Placing shares - stock overhang, which when cleared will spring the SP back up to probably 2p - 3p if true.
2. Triggered SB/CFD or stock stop losses, so false market sentiment and maybe Thise affected may buy back in.
3. Those worried about a fund raise which should be about March / April 2019 by the decrease in R’n’D spend, if we don’t have good news before then, plus those worried / selling now may be buying in a lot higher on positive 201 data in 4th qtr, 401 JV deal arrives soon or some other nice RNS which I think the company will announce to coincide with Edinburgh
4. Holders fed up with the falling share price and have lost patience, plus the scaremongering on BB’s could be affecting some peoples conscience and forcing them to sell at a loss - terrible.
5. Those on borrowed time and money having to close.