RE: This is a cracking share waiting to explode3 Sep 2021 07:55
Absolutely it should. On funding news we dropped initially to 8p, which was over a 50% drop in a day - massive considering the news.
We’ve then continued to drop even further to sub 5p, which is totally insane - knocked off c£100m of the mkt cap.
I think to have dropped below 6p was massively in the oversold territory. To have dropped below 5p shows the mentality of investors. I believe funding will come in somewhere around 8p, probably between 7p-8p. Which, I stress, is an absolute bargain considering the cash, assets & opportunity here with SO4.
Yes Riddler, someone paid well over the ask near close, you couldn’t buy more than £2.5k all day. If we get the slightest amount of volume this will pop it’s doors off, I believe, based on the stock on offer. I could sell all mine, all day (£20k)