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Once we close above 3p we will very quickly move into the 4s. It won’t be long before we hit a new yearly high here
The cheap small sells get brought up on orders so I don’t see much risk of a downtown, all this share needs is a new wave of investors combined with the existing big buyers and this will glide into the 4s, also any positive news will push this up too. Imagine if CNEL actually marketed themselves better here and got a few articles in the financial press, this would fly instantly. In the meantime it’s just a matter of when we see the next big wave
With just 205k shares brought Friday and the buy price moving from 2.45 to 2.7 just shows how easily this will move up now with such few buys, yet sells get mopped up on buy orders taking the cheap prices. The days of buying sub 3p won’t last long
I think its a case of them just mopping up anything at these super low prices when people sell, a good move for those with the cash available. Once it moves to the next level the chance will be gone though....
Same order but being displayed differently ;)
Agree too, there's a big buy order it seems
It looks like the buy orders are mopping up in chunks on anything 2.5 and below. Any small amount of additional buying pressure sustained will take this to the previous high area of 3-3.2 with ease. Roll on the next 6 months ??
Having a chunk of the small PIs replaced will
Help us move up quicker on the next wave. It’s going to be an interesting few weeks and months. Into the 3s this week should be on the cards, not far off at 2.64p now
A nice 360k buy at the end of day 2.5 “unknown” lol
notice the £15k buy delayed... more buys than sells so this should really start to tick up
We just need to take advantage when they drop the bid and mop some of these up too ;). When this moves over it’s going to fly up!
I agree I don't get it at all but I can't complain as it meant I could top up cheaper than I was expecting last week. I think some could of just been short term investors and taken there 40% from last week and gone. It does allow those looking for a bigger return to get in at a cheap price
No probs when I found out how easy the transition was I topped up. The dips seem to get mopped up by the big investors but You can’t complain about the 2.5 to buy at mo :)
If you want until after they have moved to buy then you may have missed the boat
Hi if you want to buy direct on the HKEX aj bell have a minimum however if you buy £500 while they are still on aim now they will transfer over fine and you can sell still without the minimum.
Moving up nicely today by 20%, with some chunky buys, not long to 4p+!
Yep up to 2.5p :)
Looks very positive. Seems like all these tiny sells before were confused PI's panic selling on nothing.
Sub 3p won't last long if we see more buys like this
I agree but I don’t think the figure on here is that accurate, it looks to be 2.15/2.3 rather than 2/2.5. Problem is it does fluctuate and only as the price increases does it seems to improve. Looks like a buy order is being filled with them fee increasing prices on the sell.
How long before sub 3p is gone forever I wonder...
I expected the trip to 4.7p to have been a lot quicker but hey it will go beyond at some point not to far off. 4p is the next barrier to cross though as we've had 3.2 recently and that should be around the next resistance point. Then 5p after.
There are some bargain prices to be had, it's good have a good chunk of the cautious PI's out sell up which will help propel the next wave up. Roll on the next developments in moving to the HKEX!