RE: Today's fall back17 Apr 2023 12:05
It is a pattern across AIM, and perhaps further afield as well, that a strong rise on good volume is often, perhaps even usually, followed by a slow decline on low volume.
The reasons why are not difficult to fathom - a good RNS causes not just the LTHs to top up, but also half of AIM's rainbow chasers - the ones looking for a 10-bagger every week, to pile in (high volume). That hot money drains away, leaving a slowly-shrinking population of stale bulls who stop buying, maybe even top-slicing a few, over the next fallow period (low volume) until the next RNS. So that pretty much covers why the price falls in tandem with the low volume.
As to why the price does not break out, well that's down to your expectations more than anything - I think the price *has* broken out. 0.58p 6 months ago. 0.91 today. That's not bad. More to come hopefully, but it needs that good RNS to go further I think. Until then, we wait.
You think you know everything (not a good trait at the best of times, but particularly unhelpful when investing), but you're just one of those stale bulls, suffering from your own emotional baggage more than you care to admit. Maybe you'll be right about a placing, maybe you won't be. Even a stopped clock is right sometimes. If you're wrong, will you admit it, or will you find something else to whine about?