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Took a small punt this morning will buy if goes down around .05p . Good luck . Investment news imminent . Boom .Gl all.
We’ve seen the last week or so how little it’s taking to swing this red or blue on minimal volume - some news and it’s quickly testing 1p area IMO - £6k of trades today and +7%
Good to see trades going through today.
Nice and quiet here atm, today was the lowest volume day since placing GM to approve placing and investing strategy change, sellers seem to have all but dried up at this level.
Since GM there has been almost 290m volume, of which almost all of that has been above 0.6p and upto a high of 0.85p, so anyone from the placing that wanted out has now done so and plenty of traders/investors in at these current prices and higher.
The placing was 130m, but Angus took 20m so only 110m went to retail, so in my opinion it has been completely churned through now, pre more Significant news flow which is key IMO.
Secondly the BID today was one of the strongest I’ve seen it for a while, I could sell my whole holding 3m worth at 0.632 in one hit (£19k) that’s a lumpy amount for a £1.5m MC company.
Looking forward to next news and seeing where the share price goes from there. 1p would be a good near term target, it could be a sticking point but if 1p were to break, the jumps higher will become bigger and quicker as not much resistance up to 1.5 and then 2p
A lot!
Up 15% on a website RNS, what will it go up on positive news???
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Expect fireworks shortly
Am prepared to wait good things will come ....all in good time
Name change done, opens the window to more meaningful newsflow now - since GM the entire shares in issue have been traded and more which should have totally cleared the placing, so it’s now set up perfectly for newsflow