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Has anyone as yet got any idea what's been behind the rises in the last 7 to 10 days? It's been such good progress and will need a positive RNS to consolidate. GLA
Thinking the same, I reckon it's the expected roll out of CHILL products as COVID restrictions lift. Was all going ahead till that, and the distributor has said it still all planned. Was near on 1000 shops was it not?
Clearly a buyer accumulating also.
Indeed, 150K shares bought by someone at 16.75p
Weathergeek yes over 1000 distribution centres. I would love to confirm if any of this rise is factoring that in... My gut instinct says there is some kind of positive news to that effect that has leaked somewhere and is causing a rush of buying in but 'gut instinct' is all I have here....all v exciting but a little uncomfortable Lol. GLA
Quite a few I've been in have been rising steadily after news also. Last RNS on sale was positive, Just a delay, the seeds one was very positive long term, Holdings RNS says they're clients want to trade it. Great few days. Wasn't long ago this was 8p on Bid. Should have topped up!
Agreed Weathergeek the seeds RNS was superb longer term and the reason why I don't plan selling at this point. Med to long term this is as good a punt as any and as cbd producers Zoetic have some definite potential. Just wish I could understand what this sudden lift on little news is about. Watch this space I GUESS. GLA
Very hot sector is also a factor. Did you see the rises in CDB/THC plc's on the Canadian markets a few years ago? Was such a massive bubble and crash but as always, some firms do well in the global market and win. ZOE is doing very well so far and hasn't had any real silly price rise. If it was over £1 I'd agree but there is a long way to go growth wise. May settle back if no news comes and whoever is buying has taken their position. This is a definite growth play for me though. Big sales, Big Margins .
Agreed Weathergeek the seeds RNS was superb longer term and the reason why I don't plan selling at this point. Med to long term this is as good a punt as any and as cbd producers Zoetic have some definite potential as they're early in this market. Just wish I could understand what this sudden lift on little news is about. Watch this space I guess. GLA