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VAST has always been a leaky ship, look at the last couple of RNS, always big buys before hand, same with bad news, always big sells before.
I'll give it this, for the amount of shares in issue, it does half move quickly
Be spicey when the placement comes in
"The Company would like to note that, like other AIM listed junior mining companies at a similar stage in the mining life cycle, it operates with limited financial resources"
They paid 40p with less shares in issue than now and it also means there are alot of people in at 10p+ waiting for their first chance to get out. The rise here is purely down to a shift in sentiment based on recent updates, even if that sentiment doesn't go away which is unlikely because it happens to most shares at some point where it's ramped for a week then suddenly 90% of the traders are onto their next target. Strong downward pressure all the way to 40p if it can even justify that mcap. Expect a raise soon to try and cover off atlas debt given the recent rise in SP, seen it before when the last finance deal fell through