0.33 is a really significant point TheAnalyst, completely agree. I really hope and believe that the large trade printed yesterday was the end of the recent seller, we should be free to move now and really get the re-rate underway.
Callia11, I believe that large trade was potentially a sell which had been worked all day as per my email earlier in the day yesterday. The price action yesterday and so far today would support this as it indicates that the previous seller who has been pinning the SP down has now finished, great news for all investors.
Interesting, claim to be a harden lifer, however need to get a chart out to correct the SP movements as you don't know them? So please enlighten me on the reasoning behind the SP rise of over 100% (other than P&D) and why this will be sustained given the fact that nothing is currently happening nor does it appear to have happened since the last raise in Nov-19?
It depends upon when you buy and sell, do you want to state the obvious a bit more.............? Maybe check the SP history before spouting rubbish, the SP spiked in November last year, there was a raise at 0.12p and the SP has been significantly lower than that ever since, every now and then there is a P&D, however it retraces to the same price if not lower each time. All timelines are missed and everything is on-hold now for COVID-19, even the development and testing. The next news is likely to be another placing as they will be running low on cash now.......................
Not a recruit for anyone, simply look back at the share price graphs and note the spike and retrace, spike and retrace, guess what is going to happen now that we have had the spike? I am guessing that you may have been spiked here and need the SP to go back up to exit....................
RE: What was pumped is being dumped28 May 2020 11:18
Sadly have to agree Greenspan, no news expected in the near future and it certainly looks like it has had it regular spike created so that those who bought at 0.025p - 0.030p can exit at over 0.040p and once again, leave those who bought at 0.040p - 0.050p to hold the baby as it slips back down.................. Rinse and Repeat
By my reckoning there has been 18.96m bought this morning and 2.54m sold, so net buys of 16.42m, hoping for a final large sell printed of 20m so that we can then move on up. MMs have upped the real bid just now so fingers crossed we are about to move.
badshah13, agreed, the MMs don't seem to want to move it up which means that they have some shares available to flip, shame, however the seller can only sell each share once and we can't be far from the end of the selling. MMs showing all buys as sells which is weird as a sea of blue would imho encourage more buying