Great news on a new deal being reached and you could see in Michel Barniers non verbals the last few days that thinks were a lot more rosier. A bit of domestic brinkmanship and behind the scenes deal making domestically to get things through Parliament.
Lets hear what the fine print is but if it gets through Parliament then one of the main uncertainties that stemmied the Bond issue and put the share price where it was would be removed.
Achievement for shareholders in any company is getting deals properly sealed, delivering whats been said on the tin and most importantly - growth in the share price. The latter of the 3 is the motivation for why people invest (and remain invested).
The BoD measures of achievement sometimes differ from those of shareholders but if you realise them and afhere to them that is what builds and continues to build the share price.
The SP is where it is because a 30 day / 40 day expectation was set that a deal was imminent. It hasn't as yet been sealed and placing monies were taken from the piggie bank at a real lowly 10p. Not any of the 3 aforementioned's.
That said TEMA signed and sealed along with some proper promotion of the size and the importance of the deal to a wider investment community of analysts and institutions and high net worth investors should see things correct themelves upwards.
Yip back where we started and you will probably find out that Citigroup have been day trading to the detriment of their other holding.
CF can have a go at Bulletin Boards but in fairness he should have been specific about the troll element as well as those who post misleading rumours as information.
It will be the same bulletin boards and FOMO that have this rising just as fast on any good news.
It takes all sorts to make a market and he should have been focussing as I have said previously on those shorting shares, the spread betting firms that allow many to wager larger sums for only a fraction of that. Similarly the likes of Citigroup don't help things either. There will be many others.
It's a digital age and things move as quick as lightening on social media.
The best way to get back on an even keel is to get positivity back into the share.