RE: GGP Ownership1 Oct 2020 14:10
I think it is more to do with the fact that so many people buy in. pre-entry, and sell out after.
The number of shares traded in the weeks either side were huge.
Week before, 709,255,252 traded, after 479,904,099. and this week, in three days we are not even at 100,000,000 shares traded.
The peak was never going to hold, this was discussed in the run-up to it, - 20p is a great (and fair) price from where we were 30 days before trading on average 15.47p - 35% in a month.
The faster it goes up, the faster it comes down. - we need this nice gentle 2-4p every 6-8 weeks and we are all winners.