Why19 Jun 2026 11:38
Why did this go up over 50% the other day?
You don't get that sort of movement, without something afoot.
It's one of two things, either someone knew what was about to happen
and with the help of 'oh so honest" mm's, inflating the price with a few small buys,
selling a large holding at said 'inflated prices', recouping a large position leaving many pi's
spiked, to never see their investment monies again. Or, all the above, however, the ones
that are in the know, now buy back at these depressed prices, knowing the rig contract will be signed or
the extension at least, is going to be granted and the sp will then return to pre announcement
or perhaps even higher.
It's now up to you to decide which it is, there's either a great chance to load up at these prices,
or get out while you've still got something to sell, albeit at a loss.
My personal view, I've thrown so much money at this over the years (been in for at least 20 years)
I'm not prepared to throw in anymore. I'm certainly not selling any of my AEX or GGP (my two biggest holdings)
to buy more here.
So I'll let what I've got (over 1½ million shares) ride, in the hope that one day my blind faith,
eventually gets rewarded.
TBH though, I'll not be holding my breath.
I'm fortunate enough, to have been in GGP from the days of under ½p (10p post consolidation)
and was in ARB (Argo blockchain) in the 3p days, making life changing amounts, as they both
went to the moon. ARB hitting £3.47 intra day at one point.
Just my views, not advice.
One very annoyed and frustrated investor!!