AIM - I welcome CINE1 Sep 2022 09:16
I Welcome CINE to the AIM ...(The wild wild west)
With the initial CINE rns a,ready priced in from 21p. The market capitalisation is already below £50m, recentlt was sat at £242m. Any offloading now if it had not been done, would be rather late move by any Fund now. The theory it is going down is weak and late. It is already down since 2 weeks ago and on the way up from 2p. Funds would have adjusted, and was expected weeks ago.
As / we join AIM (as suggested) most likely.
We are currently a rock-bottom “penny status stock” r (with assets) debt, Plex case, right now at it’s lowest levels in its corporate history. The price is on its axxe.
One of the reasons PI’s love AIM ?
Penny Stocks movements range from 10%-30%-50%-200% in a day. 280% on one stock recently in a single session. Any remotely good news and this can take off massive. Be alert.