Mr OZ....just imagine what you would do if you underwrote an issue at 15p
when the price was at 22p........
You'd SHORT at 22 and cover between 13 and 15.......
That is if you judged correctly that the price from 22p would INEVITABLY fall....
the reason is simple.....why the phuck should anyone pay from 22p to 16p
when you were being asked to pay 15p....
result is that a large % of people like you who funded at 15p are now long gone,
and their shares produced to cover, are being resold by those to whom they were presented to cover the SHORT....
I have'nt counted the numbers of shares sold since the price turned
after 13.5p
Once gone we can move up stronger.....