That assumes many things, firstly that a vaccine will be available widely and have a mass uptake, secondly that it works effectively, and thirdly that people feel confident enough to return to normal. All of which are doubtful.
It's highly volatile so it's possible to trade 10-20% swings in a matter of days, if you time it right then there's much more profit than simply holding. That said of course if it spikes up then holding longer term is better.
Funny how they came put with a non existent 280m in orders shortly before they did a placing to take advantage of the resulting higher price. That's crooked as hell, and I suspect there's scope for criminal charges there from the Financial bods.
Come on folks, it's AIM, anything less than a 10% move is noise. It's a ridiculously undervalued company, I wouldn't even bat an eyelid at a 20% upmove, when its got a few hundred percent more in it at least.
They wont extend it because it costs the economy an unbelieveable amount of money, and alot of those jobs will never come back. Better for people to know and find new roles rather than live in ignorance. Gov can't pay everyone's wages, it's just not feasible.
That kind of short trade strategy would maybe work in highly volatile markets normally, but to increase on a gradual rise is suicidal. All you do is increase your exposure to a trending market going against you. Anyway, not for me to tell them how to spend their money, but its certainly not normal trading behaviour.
I don't see £5 being much of a resistance either. Given we have the sales and cash to back up a much higher valuation, and with the new broker on board to bring in institutional investors , plus few shares in circulation then it all bodes well for a large upmove to new highs. When is of course the question., but could be any day, and doubt it will take long personally.