SCRUTABLE,
Let's look at the 22.5% in real numbers.
That means the LIMITED number of institutions that Graham Hind presented to only a week or two before the RNS announcing the offer actually subscribed to 28,837,009 shares, basically TWICE the number of shares offered!
And the institutions got only 6,488,327 shares, leaving UNFULFILLED demand of 22,348,682 shares or roughly 22% of the ENTIRE outstanding stock of BPRG!
Now, how many institutions DID NOT receive a "roadshow" and were not even INVITED to participate in the offering?
tsk, tsk, tsk...
guess they'll just have to get in line...
The countdown is just beginning!!!
P.S. 67p? The biggest joke out there...3-bagger in 3 months...minimum!!!