So what's going on this morning?
UCL appears to be following BILL (not particularly surprising) but there is no obvious reason for the drop in BILL.
Has there been a news leak?
No-one has asked for my shares yet to add to the 30.6% and until now it has not looked like they would get enough acceptances.
Is today's drop a manipulative attempt to make the BILL offer look a little less stingy?
Questions, questions!
Is it time to sell or time to buy???
When manipulation is rife it often pays to do the opposite of conventional wisdom, which is what the manipulation works on. So if it looks like a sell perhaps I should buy - but there is no way for the honest punter to know. Inside knowledge has the upper hand as always.
On balance, I think this is a shake to panic the pi, so be suspicious but do not take this as advice.... DYOR.