Well that is not something you don’t see on AIM every day. My share tip of the year at 4.6p to buy on January 1, Open Orphan (ORPH) now sees its shares, which I own some of, trading at 6.45-6.5p. But the excitement is only now starting – the company is now saying that a £5 million placing at a premium to today’s share price looks set to be heavily oversubscribed. Let me explain what happens next.
https://www.shareprophets.com/views/46991/open-orphan-5m-placing-at-premium-to-current-share-price-is-set-to-be-oversubscribed-it-says" target="_new">
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