if they are looking to raise 1.25m then a price to book would be 4.03p
I have done several trades recently that have not gone to your theory all three trades including one this morning i were bought at a premium to the price shown EG price showing 4.05 bought at 4.25 by the time they were bought it had gone up to 4.2 but it showed as a green, i think the market is being manipulated,
A question mark needs to be put against the market about the way they run Aim there are more buys than sells and the price is still down, how can we trust a market that does not give true value to shares, and surely they must be losing money by not allowing the shares to trade up. having L2 seems to be a waist of time because it does not build a true picture.
bought 300k at 4.25 took nearly 20 to deal, I dont think there are many shares out there for sail once again when i bought the price was 4.05 by the time it deat at 4.25 and then showed green that tells me that there are a few games being played out here with Ms
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The reason this has fallen this morning is the games being played by the Ms they are probably holding back a fair few buys from this morning, expect more games from them they need your shares as there are not many in issue
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