RE: Newbie11 Sep 2020 17:30
Hi there.
There could be many reasons why the share price has dropped a bit but my own personal opinion is that some of the larger institutional holders are selling to re-balance portfolios or simply to take some profit. We know that a large US investor is or has been buying up a stake as well and they will be wanting to buy in at as low a price as possible.
Another factor is that on AIM shares in particular, they tend to drift down a bit when expected news does not appear and Fridays can be quiet as well.
Don't get too concerned by relatively large swings in these stocks either. Do your own research, don't invest more than you can afford to lose and keep a diverse portfolio if you can. All your eggs in one basket is not a good idea imo.
Hope that helps.