RE: Great start17 Jun 2020 10:45
Seriously Cloudstrife! Get back to your home schooling!
Biglad6 - Firstly, welcome back! I’ve been riding this coaster for over a month now.
You’ve only got to look back at a couple of RNS’s. Prior to the release of the info about a £703k investment last week, this share rocketed! News was clearly leaked. The CEO had to release an update to talk it down, which of course lowered the SP which is what he wanted. They were then able to get their shares in order (another RNS) prior to releasing the update on the App that we are all waiting for now.
Since that spike there has been a lot of large after hour trades, some in excess of £200k. This has made me question, why hasn’t the SP gone up? A lot of behind the scenes mopping up if you ask me before they release the next update.
I can’t really guess on where the price will go, but by seeing ALOT of large buys in excess of £200k you can only assume its gonna go higher. You’ve got to ask yourself, who would invest amounts that large in a AIM without inside knowledge that it’s gonna be successful.
Hope that helps, but that’s my opinion. Would love to hear everyone else’s?