The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Hi FF. Thanks for the info re the Swedish market for this. I haven't looked over there for a good while. Something must have driven the extra interest, perhaps the brewing politics now that Mr Baylan is departing his post. The mm uncrossing or small trades have been occurring more and more recently, if it is that, but I'm not sure why. It's not as if the volume on AIM has been overwhelmingly difficult to manage efficiently.
Not sure then, and no RNS for the rise, so we can only wait and see.
Luckily I don't have a working car, so no petrol panic for me. I will check the air in my bicycle tyres though, before the sky falls in. Lol.
Have a decent weekend FF.
You’re right to be wary, Eric, the trading patterns in the UK look like rumour reaction, but still a good rise and decent volume. I suspect the ten identically timed small trades at the end of the day are MM book balancing/unwinding adjustments. Trades in Sweden tell us a bit more - almost 25 times the UK volume with almost 5,000,000 shares changing hands in the half hour after 10am, and lots of trades at over £1000 in value. Only a 20% rise over there but the SEK and GBP SPs are now closely aligned. With no RNS in sight it’s a rumour alright, but a substantial one and one that took hold very strongly in the market where almost 75% of shares are owned. Monday at 7am will be worth a look for an RNS. By the way, there’s no petrol shortage so no need to panic buy….oh, wait…!
Kallak I’ve been round the block many times over the years with this share so I’ve got my feet firmly on the ground ,good luck,
Kal, that's true.
Aye, Treetop, it could tell a story. Someone had a lot of spare cash to pop in, so good luck to them.
Try not to get too carried away. I've seen this situation many times in the past.
That 'meaty buy' is probably a speculative Unclemal.
That meaty buy could tell a story Eric,I reckon. Hopefully monday reveals all.
We do live in hope Treetop. For over a decade we have lived in hope. A meaty buy has shown up after hours, as if by magic.
A pre emptive rise just in case there is some development,probably fall back on Monday without firm news but we can live in hope.
Hi SJ. Yes, I think we know not to count our chickens. 30% nearly is big, but of course it's because the sp was really low to begin with. If the sp had been at a £1 before the rise, then I may have forced a reluctant grin. Lol.
Hi Eric, yeah that's fair we have had many moments where it has shot up only for it to crash days later. Usually the pump and dump style that happens in Sweden then affects here. I do agree with you, we need something otherwise it'll just be the same as the rest.
30% is a big jump and one we very rarely see here, fingers crossed once again.
Hi SJ. Bit odd though isn't it? many of the trades were tiny and the last ten or so timed at exactly the same time. Something bizarre going on. No news either so not taking this to be anything substantially positive today. Nice to see the sp rising, but it appears a bit of a false rise. I feel we need to see more meaty buys.
I also don't want to see another leak either, but of course the Swedes can't help themselves from divulging info before BEM finds out.
I'm saying that I'm wary about today's sp events. Lol.
Looking forward to Monday 7am!
Nearly 30% today! It can shift when it wants can't it. Great rise and for a Friday! Bodes well for next week.