RE: Can 1p go Today... 🔵 🔵 🔵19 Nov 2025 15:56
I think this is just short money 'blinking first' and buying back in. This could keep retracing and bouncing all the way to consolidation.
Could be a leaky rise, assays hitting desks...who knows.
Traders know position has to be taken before consolidation.
Growmorecash was on the money about less sp liquidity post consolidation which will mean a more stable sp, with a wider spread (cheaper to buy before consolidation, like for like) faster rise on news as less shares in circulation, bigger Institutional buyers, and from the companies viewpoint, better liquidity to raise funds more efficiently for drilling. To think folk wobbled and sold in the 7's 🥺 and fed the sharks...crikey, lessons learnt and all that jazz.
It is going to get wild 😆🤑😎