RE: Why did sp rise on Friday with Atlas sell off?15 Jan 2024 06:25
I would say sp rise on Friday was mainly because pi's / traders buying because of upcoming placing at 0.15 which obviously is a very good price / profit from the recent lows ( still rubbish for anyone that's been holding for a while). So all shares bought recently under 0.1 are looking good for a profit.
But with said placing comes massive dilution and so I do expect the sp to drop - only a matter of time imo.
🤔😮