RE: 11p is a loooooong term target.16 Jan 2022 21:05
nothing like being mugged by a ramp at 6p saying 11p is coming and then watching the sp fall to 4.3... KS
Wow, how one track minded are you, not everyone is spending every moment the market is open trying to scalp 5% here and 10% there....if there`s an RNS it`ll do this, or if they declare who the AAA publisher is it`ll do that...jeez, what a pain in the arris that would be, tempting fate that there isn`t an intraday RNS!!
Bids do quite often issue mid session RNS`s, so basically you`re just gambling.
What if, someone has a pension pot and decide to put £10k, £15k, £25k whatever in at 6p because of someone else`s ramp, with a plan to hold for 12 months, and after 12 months the sp has 5x bagged?
Are they going to look back and say..`yeah, but that ramper cost me over 1p because I could have got them even cheaper?`
I would suggest that a large proportion of the hundreds of millions of shares traded recently are long term investors who can see where this is inevitably going, and want a piece of the action, not 5% gamblers with a hold horizon just past the end of their noses.