RE: A rather strange quiet day ...17 Aug 2021 19:20
Troub - These events are generally to:
1) Discuss/clarify the latest news. We haven't had any for a long time. Still hopeful for an RNS tomorrow morning.
2) Create a visibility that the smt care about the pi shareholders.
The latter can either take the form of smt patting themselves on their backs and making false promises, or, even worse, leaking tiny bits of information that would explain why the insiders have been selling recently.
Imho, there is nothing in the public domain that would explain why this ever fell below £5 post dispute, and kept falling as PCR testing went through the roof, so it's either a prolonged market blindness, or everyone who needs to know why this is £3 already knows it. Now it's safe to feed this info to the schmucks.
The reasons I'm pessimistic are:
- There's got to be LOADS of new info to talk about. The testing market has been booming, which should drive a review of 2021 profit forecasts; there's got to be more they can say about the legal dispute; NHS sales, update on the USA expansion, etc.
If they don't disclose any new price sensitive info via an RNS, then Why not?! What's wrong behind the scenes?
- Why hold this presentation if there is nothing new to discuss? What's the point in smt committing a couple hours of their time to stage this performance when they should be using this time to sell the damn goods.
- Why has the company done nothing to stop the sp fall? I've seen this before - when cos lay on their back and take the sp f.cking quietly, there's usually fundamental issues behind the scenes explaining why they don't even try to stand up for themselves.
This is AIM - f.cking PIs without lube must be in most directors' job descriptions...
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