Back to an 'intrigueing' state9 May 2024 14:00
Been away for some time from TRX, dabling in other sectors.
Decided to revist and not just intrigued but actually astonished at the state of the SP versus the actual company status, results etc.
SP dropped on the 19th! On release of what I can only honestly describe as remarkable results. Okay they didn't become post tax revenue positive (this time), but given the level of progress across the board, I am at a loss as to why the SP dropped and stayed down into the 61 region.
So decided it was time to start buying back in for the long term this time.
Is there 'anything' I'm missing about the company status, news etc that couldd keep this suppressed? Or is it just the state of the markets?
One thing that does 'concern' me is timhe state of the UK markets compared with the rise of the more extensive use of 'bots' for share dealing by major institutions. I've scan share charts across the board and it seems to me that there is an almost consistent 'attrtion' happening. This may be in my head but I'm beginning to consider whether the big institutions are (deliberately) adversely affecting the market via their 'bots' roll-out and implementation.
CONSPIRACY THEORISTS TO THE FRONT OF THE QUEUE PLEASE :-)