I'm in the same boat blowdog having around a million shares and unfortunately have lost way too much cash on AIM shares. One of my failings was selling shares after small drops only to see them rocket.
Premier Miton sold 500k yesterday and wouldn't be surprised if they sold more today. Find out tomorrow if they have or not. Premier tend to sell for a quick profit rather than hanging around..
Positive presentation. Healthy cash position through to end of 2024. Comment that directors have been advised that they still are unable to buy shares is interesting.
RE: smashed by 20% for beating annual forecast?29 Sep 2022 23:33
John if you look at the number of 50,000 and 100,000 sales there was a concerted sell off throughout the day. Wait until the next Tr1 turns up to see how many they have sold.
RE: smashed by 20% for beating annual forecast?29 Sep 2022 23:13
The main driver for the drop today was the large seller continuing to offload. More patience required until they are finally cleared. The confusion regarding the early RNS this morning didn't help. Neither does the general market malaise but today's update stated that the company is cash positive is a key investment consideration in this market.
What? Do you agree that it was a great interview? Reading your incessant negative comments on here its obvious you are not invested. The company's chequered past has given a platform to self appointed experts to dominate this board even when the company has finally turned the corner.
2 x 500k buys gone through this morning and a delayed 1m buy yesterday. Makes a change from the large sells over the recent months. Hopefully sell-off done and we're moving in the right direction now.
Brent now $67 following yesterday's OPEC decision to continue with production cuts and analysts forecasting further rise in price. This will boost profits from Tunisia. Looking forward to company results update.