Short position is now over 11% of the stock.......shorting institutions obviously thing loan book will deteriorate sharply as economy slows down/moves to recession..........hmmmm
With strong bounce from 10.3p level today and good buying volume today there should be further rises to 13p resistance level or higher before the big news breaks.....imho
Heavy director buying imho means shares are undepinned at this level.....need some news on demerger/sale of non-core assets then this will start to re-rate......insider directors know the game plan
On chart looks like a triple bottom around 10.2p/10.5p which was reached again today and strong bounce off that level. Next stop is resistance at 13p......imho