SP17 Apr 2020 11:20
The SP will move when the MM's decide it will, they must have been caning it for weeks over on Novacyt, have you seen the spreads they were using! They will run it up when they feel an RNS is due and as soon as that comes out it will be pushed back down again. Sell on news seems to work most of the time, there may well be a quick spike but good luck trying to trade that.
Bottom line there will always be buyers and sellers, there ain't a market without both! Some who have a holding well in profit will sell at various stages, depending on how they think it is shaping up.
Hands up anyone here who didn't buy with the intention of selling at some future date, hopefully at a tidy profit!