Alpha Group International Share Price (ALPH)

Classic rejection of the seemingly impenetrable resistance at £23, this morning was the SEVENTH occasion this has been tested since September 2021, again to no avail (so far). Already much more interesting now shares are floating freely on SETS, plenty of large buyers but still being met by outflows for now.

Buyback total passed £15m with this mornings RNS, with no extension communicated to date, this looks set to reach it's £20m limit in the next month or so. Based on the volume increase associated with the move to the main market I doubt it's expiry will make much difference now, but certainly helped navigate the final stretch of AIM illiquidity.

Dividend paid out today. Dividend reinvestment?

I hope it is a change of the tide, that pi heard about the new FTSE100 all time highs again and again for a number of days so decided to start pouring some money into the stocks.

Big spike at 11 am today. Broker note noises/rumours or stock shortages?

On average ftse 250 companies have about 6-7 brokers covering the stock and some have 10 or more. Alpha still has 2 but that should be expected to change soon. I suspect the new broker notes and ftse 250 tracker funds mandatory buying will take these beyond the previous high of £23 in the next 6 weeks