RE: Further Cory contract! 9.6 Mill19 Jul 2022 11:23
I have been following the posts of the last week & feel as frustrated as everyone else about the SP.I have so far put in two questions for this Thursday's event but will ask in London next week when we have the face to face meetings concerning the inability of the SP to rise even after positive contract news.It is almost guaranteed that once we have 'good news' 'the seller' waits for the expected SP rise & then pounces with their 25,000 & 50,000 etc Sells.Alternatively it may just be 'day traders' making a small return knowing what the current trading patterns are.
On a new point many Companies on AIM will now have issued results for Qtr 1 & shortly Qtr2 something H&W currently are not doing.More openness is needed by H&W to avoid the constant guessing game of are they now in profit, will there be a further offer of shares & what is the cash flow currently like do they need to draw down on their current borrowing facilities etc.
At least we have two opportunities to discuss these points in the next week.