No, and since July buys have vastly outnumbered sells ( many trades have been misreported as sells when they are buys too). Unfortunately it’s difficult to get a true picture though when trades are unreported on here and there could have been a large sell on the NEX exchange this morning. If anyone can find a link to trade data on there I would appreciate it.
The way I see it, this does seem a bargain when £5.5m was raised recently for future investment/ development. I think the value of the company was over £3m before the placing so that value has been almost entirely discounted in the share price.
Distribution agreements RNS’d in March, April, May and June. The ‘big one ‘ MoneyMunch talks about wasn’t so long before. Over half the shares were recently purchased at 2p so on the face of it this looks a bargain to me too.
The two sells amounting to 546,000 odd shares were bought on the 9th. Someone obviously lost patience or set a couple of stop losses. Probably nothing for us holding to worry about. In fact things looking good despite today’s unjustified drop.