RE: The sp is so low and this is wrong. Due a big move up29 Jun 2021 16:06
We can only offer personal views really and some may use technical analysis or other methods to back their view up.
We all know what the price is however, and contrary to what a few say on this board I think it delusional to think what we say here materially influences the price.
Personally I would say it had got ahead of itself at £1:24 (look back the graphs and see how fast it moved through price points with little to no material changes to business position)
Many expected a stall at or near £1 and even that didn't originally happen.
I feel we have in some respects come back to go through what share price should have a few months back on its way up.
While I think SP was ahead of itself in March at £1:24 I do also think we are now a little behind where it would be reasonable to expect SP to be (not talking massively, but a bit).
Manipulation or whatever you want to call it there is always an element of share price "play".
In our case with little to no demand from those going long at current point in time, very little actually selling though then with VERY low volumes for 3 months now it is easy to move share price to suit those playing the game.
Longterm holders should hold no concern in this, nor one movies box office, or expect an RNS every time someone buys a ticket, popcorn and a large cola.
For those that want to trade then always expect volatility and it's not alway an easy ride to pots of money.
Your money, your choice though.