RE: Simple question28 Apr 2021 20:51
Don't you mean the cause of the drop? Well there could be many reasons, but there's not exactly been great cineworld related news and there was a few weeks of scaremongering in the markets. As well as this, clearly there's been overselling and perhaps market makers pushing the price down for larger buyers to get in. Multiple of factors and it's not fact what I say, but I've been in this for almost a year, so I've learnt a thing or two. What is great, is that we recovered from ridiculously low levels and are trading in a decent range imo. We will rise hopefully when things become clearer and we open