RE: RNS 17-24th April23 Apr 2020 15:59
Every buy is at the limit on the ask, and with only 1 mm sat on each ask of 1.65, 1.70, 1.80 i can see these being taken out fairly quickly.
Profit takers have had the last couple of days to exit with the mm’s willing to take large volume above bid (not that many were selling, as a lot of the red trades from yesterday and this morning were in fact buys).
News due any day and with it expectations are this picks up some considerable pace. GL