going to cleaners

Hate to say it but confidence in this one staying a float appears to be going down the gurgler-burrrrrrrrrb.
Bidding 1.1c-1.2c and very few buyers.
Previous Directors probably wants to have the slate cleaned as much as can be done as they prepare to launch thier new ventures.
One company going to the cleaners, could be understandable but 2-3-4-5 companies going under gives rise to some serious questions imo.