I am not sure how this will be received as overall the company seems to be in a decent position having placed the new CEO and corrected its overspent issues.
I appreciate it does show an operating loss but I believe that has been created by a purchase last year and this 11 million overspend that they appear to have in control.
I think this puts a company in a good position going forward but as far as how the share price will go short term I am not sure; it could be a good buying opportunity at this price seeing as they have steadied the ship.
Good morning. Could someone tell me if it is a non trading day today or if the platform isn’t working as doesn’t appear to be showing any trades on any shares.
I was just wondering if someone might be able to explain what is holding the share price down? I believe the sentiment behind the business is actually strong but yet there are so many small cells that seem to impact the share price and hold down. The question is why is somebody selling at such small amounts and so many trades of small amounts.
Tends to happen quite often. Increase up to info, then sell off after once news out even if good. Then will come back up again if it was good news and likely higher than before the news and create a new base line. Rob
Apologies, I have been a little out of the loop for a couple of weeks and was wondering if I have missed something in my absence giving reason to the recent drop? Thank you ever so much for your feedback.