RE: 1190601 Oct 2025 12:34
From a level 2 perspective, the order book looks weak and it has done for a while now. That said up to today there were 2 icebergs on the ask at 11.1 and 11.3p ( 1million and 800 odd thousand), these have vanished today which may mean a change is on the cards. So whilst things often look one way, they are often going to go the other way and its usually all smoke and mirrors. When i see A trades hitting the bid to get the price down and big icebergs on the ASK, it tells me one thing only -Its a bit of a bear trap, and all false. Also timing is at a critical juncture, RKH fid will change everything for them and us- farmout will then be completed i imagine. Volume is also extremely low, there isn't much of a market here right now.