Perhaps that's the final dump by whatever sad institution has been desperate to get out. These institutions are a law unto themselves and they make decisions willy nilly about moving in and moving out on many an occasion....and when it comes to small stocks, the effect can be quite disproportionate. I saw the same with another stock that I have an interest in, Cenes.
I hope that is the end of it. The thing is that these muppets, if they had approached the company or the house broker to sell their stock, we could have probably done it all for them without all this crap. I would have been happy to take all that stock off them at 14.5p if they had offered it out to me.
In the absence of any news, the general drift was to be expected I guess, till it enters irresistable territory. But we have to bear in mind that a single institution subscribed for £300k of stock, along with directors and other investors at 19p. And despite the problems with the NHS, the probes are selling well, and in 2006, we have the private firms to kick in as wlel as some of our overseas markets. I still maintain a strong position of it's a matter of 'when', not 'if'...and now that they have extra cash as well, I am quite relaxed despite the general drift od the SP.
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