Interesting thing is IMO that we now see how much the price can move on what is still low volume..no more than £20k traded today....shows how little free stock there is around...
I also don't see this changing that much post RTO...the 200milion acquisition shares for TomCo have a 12 month lock in period and an extra 12 month period when they can only be disposed of after consulting Strand in an orderly market....
Yes there will be 50 miliion placing shares but the new holders surely will being looking at these over the longer term as presumably they have bought into the Crosby/Ryan story....I know that's why I took part in the placing....
So my point is that when we do get some news of these deals then the price will move up pretty fast....
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