RE: Optipharm/Optislim4 Dec 2020 13:07
Hi Stoater,
You pose a very good and fair question, however dont think your comments about jam tomorrow is justified or true however, being still undewater myself I fully understand your justified frustration. However for my 6 eggs and possibly wrong I'll have a stab at answering your question, and also why I'm still bullish despite poor price performance.
As we both know, price is driven by buys verses sells, we have seen more sells over the last few years than buys and its depressed the price to where we are now.
There are quite a few major holders in this company like yorkshire seed fund for example, who provide "seed corn" funding for companies like opti with great prospects, in researching products and turning them into commercial companies. They like others bought large percentages at 6p. They hold for a few years then withdraw their funds in orderly fashion to invest in the next start up company.
I believe what we have been seeing with the chunky block sells over many months is that operation which is balanced against the "topping up buys" with investors like you and me . This has stopped the price rise, which in normal market conditions it would have done.
What will change this transition..wella couple of things..
Good company audited performance...should be end of this year.
Other large players buying stock...the europe run around to get other investors..didn't work that well, however nasdaq transition probably will.
Or the obvious..the sellers run out of of stock to sell.