Low price, but low volume. People with small(ish) investments, getting cold feet. There's 35 million bonds I believe, so less than 1% trading in the last 24 hours I believe?
If I had £5k that I was willing to take a small gamble with, I'd be looking at investing, unfortunately I need to be super careful with cash atm. 88.5p, buys you a £1, and 6% interest each year. After the meeting on the 19th, I'd guess the bond goes back to normal trading, and you could get out with a quick 13%+ profit.
EDIT - Wow, some sold for 85! If you could grab those, and the amendments pass, it really wouldn't be unreasonable to expect it to get back to 100p, if not higher, at 100p, that's nearly an 18% profit.