theres been about 25k shares traded today so far........i don't think you can call that churning and manipulation however i agree the share price will remain stagnant until the II's step in and when they do volumes will rise and we will see some reward for our patience GL
The share price has remained stagnant due to the the churning, manipulation, share swaps,and that is where the institutions want it to be until they have accumulated enough of PI shares before allowing it to rise.
Chris2 Are you just wind up merchant? The drop in Bowleven isn't really unexpected considering we're been bought by a Russian company and there are sanctions flying around left right and centre. Until the deal is complete we'll continue to bounce around, but why would we drop to 22p? That would be considerably below what cash we'll soon have in the bank?
Once the deal is complete (which it will) and Russia & Ukraine sort there differences out (which they will with winter approaching) I doubt we'll see many days where we're trading under cash value, with a fair few catalyst for moving significantly north of that, hopefully including changes to the board.
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