Been watching this for a while and may have missed posts here pointing out the negative effect of INDV dropping out of the FTSE250 at the next shake up.
FEVR have been planning transferring manufacturing out of the UK for ages, and I suggest this downturn is a sign of a decision being announced in the near future.
When the average price of the bookbuild is reported later today or tomorrow we may see the reason for the steady falling sp as pi's are mugged off by the ii's who forward sold some for a quick profit.
Under the circumstances and to avoid further embarrassement you'd want to be sure wouldn't you. Don't expect timely data from our friends in the far east.
Surprised you sold so soon (if that's your 23k trade of a few minutes ago). The institutional sellers have finished now and the sp is responding more or less normally.