It looks like the majority have held tight from both sides as there hasn'nt really been a flurry of buys or sells today. Too close to call so let's see what tomorrow brings
In March we sat at 7.50p it just took a better than expected update to see us rise to 28p within a couple of weeks. The shorters suffered then and will hopefully do so once again. Tomorrow I expect that many of the shorts will close ahead of results being announced on Wednesday.
The shorters have made a killing on this so may want to close before the half year results are announced. If the results and updates are better than expected then they will struggle to get out before a decent rise.
Yesterdays RNS was well timed as it has allowed us to deal with the inevitable overhang from the placing and the sp remaining intact. Onwards and upwards to the 20's and lots more to come when our ship sails.