Better days and weeks ahead?3 May 2024 14:45
Hi all,
Hope you're very well.
So for us, it's certainly been a bit of a bruising 3 weeks and since our recent high of £6.77 and I don't have any answers if I'm honest - maybe a big player has been offloading tranches, but we have certainly seen weakness and been on the back foot and as always, I compare ourself vs others in the market and the weakness vs them is true too.
I'm hoping that going into next week and then on our countdown to our Half Year results on the 15th, that it generates interest in our shares and SP.
I'm certainly hoping that the interest will quickly get us back above £6 into next week and then with a strong set of Half Year results, which I strongly believe will be the case and as posted previously, that we will get beyond the £6.77 accordingly and upwards.
I certainly understand the downward pressure, if some brokers are advising clients to sell before a specific date in mid-late May, but again, once that is done and dusted, there should be stability and movement forward accordingly.
Finally, please don't forget that come the 24th June 2024, we'll enter a brand new investor market by joining the MDAX and again this should be a great driver upwards.
So I'm hoping that after the recent bruising, that we get lots of green in the coming weeks and GLA