Wide spread to start the day....isdx trades today or are we using lse...
Bit of pressure and 4p should be taken out....time to check down the sofa for some more pennies for a final top up pre lift off time
As SP showing lower than the trades on lse....only a few through isdx today and majority shown on here...definitely primed for movement and spread a lot thinner than it has been...just needs a few to pop the momentum
SP shows 4p yet bid and ask are displayed lower....another big order being filed perhaps....freefloat is fairly small and volume is definitely increasing.....news deadline extended but maybe announcement to come by original stated date...looking very good here though
Its actually not as bad as shown on lse when you look at the trade prices 2.7 sellers and 2.9 buyers imo...just showing the ask at 3.5 and bid at around 2.6 does not encourage folks to buy at the advertised prices
If volume starts picking up tomorrow going into next week then I feel signs are good for update by 20th May....not much noise on twitter at the moment and judging by previous comments most have got in early...free float is minimal and thats what may send off a spike and then interest once it becomes noticed.
At the moment the spread and lack of trades being shown on lse and some indeed on isdx are probably keeping the company unnoticed