RE: This is your captain speaking27 Jul 2023 11:39
Low valuation alone is good to push the price of illiquid stocks when sizeable investor wants to buy and build a position, but that can only do so much.If we see volumes dwindle over the next few weeks,it confirms the view that it was a financial investor buying up, and the price will drop as fast as it moved up, till the next positive newsbyte.
The 1st half earnings should be out next month, along with any revised guidance, and that should probably drum up more interest