RE: Moljen21 Jan 2020 03:18
Bermuda, from your post..................."".Check out the RNS's from Feb/March 2018, I believe the rise was news driven, although no doubt helped along by the Mail article"""
Well there was 5 RNSs in February 2018, so yes it was news driven and the Mail article puts the seal on the news that was released.
The reason I mention this is for so long we get an item of news RNSed, that we have been waiting some time for and then we get a gap of a few months before the next news, which seems a lifetime in coming because words like in the short term have been used and our expectations for further news within a short time are always exceeded and by the time we get the news we have retraced and some and the news lacks the expectations that were built up waiting for it.
The reason I am highlighting it is when we got the RNS for the second collaboration the share rose 12/13%, but the very next day we got the Holdings RNS which drove the rise eventually to 50/60%. The Holdings RNS just added to the good news and together the share price was driven. Having had two collaborations already, news of the third one today was met with me by a WOW, and I wonder how many people didn"t think, well we have something here, rather than just another collaboration which we will have to wait some time in finding out more.
As I said earlier I think this rise has legs in it and I would hope for at least another 10% blue day today, and what I find exciting as last time is we could well get another good RNS even before the Interims which is only a short time away. So for me it is that combination of news, regular news, where we could and should capitalise on this year with so much news due or expected and the feeling of left field news seems more likely than ever. That is why I used the terms that I feel excited again and not like in the past feeling well thats our news, when will the next be.
So yes IMHO I think there will be another RNS along with the Interims and the momentum of regular news will take us to levels we haven"t seen for far too long, and I can imagine us asking ourselves which news was it that drove the SP? The answer I think will always be as in treatments these days...in combination with. Heres to that blue day today!!!....and a good chance of another RNS any day.