There’s been a big seller for months. They’ve used today’s liquidity to chuck millions at the bid. Probably related to the 102M shares “locked in” until 15th May.
Disappointed that this has continued to drop since I bought in at 0.9. Would hope it can hold the 0.85p support but don’t have a high degree of confidence the way it’s performing.
There were trades yesterday going through at 2.5 and 2.55 but also some around 2.5275. Today, the indicated ask moved to 2.6 but I couldn’t sell 50k and then I see trades at the end printed at 2.6. I wonder if the background trades are either increasing or finishing. Either way, it’s odd.