This is an excellent RNS , SNG will be the first to produce the Covid cure and the value of f the company will be worth billions. Every country is waiting for this and this cure will save the world. 100,000 per month is a lot of venue as the cure will be worth over £100
RE: Can't be too many left to fill the placing.2 Oct 2020 00:02
They scaled back the placement shares due to high demand, so most institutional investors are now buying on the open market because the share price is going north. Remember this was 6p when spud dates were announced.
The placement shares were difficult to get. Most institutional investors didn't get the shares they wanted. They were all scaled back and they are now buying on the open market. Look at those large after hours buys @ around 2.22p. Happy days.
Massive buys after hours @2.22p. so much demand , may institutional investors couldn't get the shares from the placing yesterday, they were all scaled back, so they are now buying on the open market.
Last time when the spud dare was announced the share price rocketed to 6p and the company wasn't in a strong position as they are at the moment. The current share price is a give away and very cheap. I am loading up again tomorrow before it goes north.