There as less than 9 million shares available to pi's at the moment, 300,000 of them were taken up today possibly by a ii, so if they do keep buying they will rise whatever we pi's do.
Evening.
Well firstly we don't know if the person/s who bought 3 lots of 100k has finished buying. So until we get a holding RNS they may keep buying the shares that are currently being sold.
As usual the MMs drop the price quicker than it rises so catch people off guard and panic them into selling.
We still don't have a clue what the true market value of this company is yet which is confusing people and obviously we get the day traders trying to make a couple of hundred pounds.
So to answer your question not really sure where it will go, but if companies start buying into this discovery which I'm sure they will, then you will probably be looking at a M CAP much higher than it currently is today.
If you search for Toyota and solid state battery you will be surprised what you find out and how far down the line with this.
People are expecting a re trace but as we don't know the true potential can't see it happening just yet.
GL