Having just read that study I don't know what the issue is -it seems very positive and concludes "study shows strong performance metrics for the AbC-19 rapid test"
So the cat was out of the bag 2weeks ago with that BBI worker tweet saying the consortium had their first 1 million order from the Government. It does make you wonder what else is already in the bag and whether there should be a bag in the first place!!!
As Colin said in the presentation the order and approval of the UK government means so much in the sale of products worldwide! This is just the start!!
This is nothing to do with small investors selling or MM's sorting their mates out with cheap shares its all about supply and demand and at the moment the large seller is supplying plenty! Most investors know whats coming and despite the best efforts of a small gang will be holding on to their shares until news breaks! It would be nice to see the large seller finished before the main dish is served!
Looking at the trades each day especially the large trades at the end of each day and sometimes delayed 24hrs we have a persistent seller probably Sneller. The company will of known this so it amazes me they couldn't find a home for them without them being drip fed into the market. It seems the seller is happy to take between 55-60 .We need a massive volume day to clear him out. It is really annoying because it means more idiot posts and unfortunately more troubling emails by some to Colin because the SP hasn't gone through the roof yet!
Any rise today may depend on whether our seller has finished but "Now this is not the end.It is not even the beginning of the end ,but it is perhaps the end of the beginning".
There is no doubt in my mind that the MM'S have had a ready access to several million shares for some time.Either from a seller or as a result of the placing - allowing them to keep sharp control of the SP even with the very good RNS of last week. However ,if we get sales news and high volume that strategy will get blown out of the water!!