RE: Buys flooding in now9 Apr 2021 11:11
AMOI, placing of 6 million shares yesterday at 4p, a trade of 4 million shares at 4.5p yesterday.
New market maker added this morning, 5p to 6.5p at the moment.
The 4 million trade could’ve been Lombard Odier Asset Management selling, as iaintgotaclu mentioned, they held/hold 4 million.
Commitment of confidence in a RTO.
No smoke without fire.
Why would a new market maker start a market in the shares if volume wasn’t going to increase?
Unless they took the placing shares and just selling them off but New Investors and Existing Investors took them supposedly.
Agree hobione, MCAP £1.7m, could go up massively.