RE: Koovs21 Jun 2019 17:24
Jambon - not you now - you are usually very positive. Koovs issued a trading update in May which was very positive, followed by 5 RNSs (excluding price monitoring extension). We know what the current plan is in terms of funding and advertising. As Lord Alli said in 2018
“Asos became ‘an overnight success’ in year six,” he says. The shares, which were floated on the Aim in 2001 at 20p, are now £60. But they hit 4p in 2003. It took another four years to convince the City of its potential.
The issue with this share is the SP moves either way on very little buying/selling - which would be good when folks are buying. Todays buying/selling amounts to around £60K and yet earlier it was down 7% - 7% of the £25M Market Cap would be £1.7M - so the MMs are moving it huge amounts on small buys and sells. I am hoping that the vote has been passed on Tuesday and we will be heading north.