RE: 1.25 paid today18 May 2020 21:34
Agree. It’s all about supply and demand isn’t it. Supply coming from 33 million placing shares. And to be clear they are presold from the time they are announced to admission day. Pointless anyone arguing differently as that just shows a lack of understanding. So demand is high at 1.00 to 1.10 level - with this demand being matched by the supply of shares from the placing flippers.
When these shares have gone then the supply is retail - ie me or you selling. Supply isn’t as high so if demand is still high then price goes up.
That’s why volume is key. You can get a decent idea where this is going by the volume. A lot of demand here hence should do well imo.