I wouldn't buy it. Lots of director selling, profit warning. I don't see what's attractive about it right now, just because it's cheaper doesn't mean it's a buy.
Maybe some of the bigger investors have several accounts, one for long term, one for short term trading the stock. I do this with some stocks so I can have some short term income.
Mcap is 250 million, H1 revenue is 2.5 million. And we are talking about a potential £1.00 share price at the end of the year? Steady on. No doubt revenues will increase significantly and the SP will rise, but this isn't happening overnight.
RE: Right on support level - position increased4 Jun 2021 13:13
Not sure what all the fuss is about. AZ knows what he is doing. Not concerned in the slightest. It takes time to get the business working. An opportunity to load up.