Member Info for H202

I wish we stay under the radar though, having bought in here earlier today!
contemplating some more buys but in two minds due to such magnificent rise over last few weeks!

It was just a raid on people's stop losses.
I didnot see any media release or RNS or any other price sensitive information.
It could be opposite in fact, drop prices to support large buy order!

My 10:06 buy of 432,196 shares shows as sale.
TBH, I did take few quotes from MM who were willing to lower their price from 2.39 to 2.34 to 2.32 and ultimately to 2.311 when I placed the buy button.

It is turning out like a bargaining in the Thai market!

There is something wrong with the no. of buys and sells as published in particular last Friday.
If there are so many more sells compared to buys from last friday;
one should be able to buy stock but cannot buy worth £10K at the moment!

We could be range bound 40-50p before roll out RNS and surpass 60p on that news!

This will get further coverage due to green energy credential and politicians citing green jobs.
Just have to tame expectations until the BFS is released at the end of the month.

Any potential target for the end of month?
I think £1.50 is possible.

Thinking of buying in here.

The story is indeed very very interesting considering the last share price rise over previous 2 months and what's in the pipeline.

If there is no news in very short term, combined with citadel partners active short it may drop a further little but I doubt we go down that too far low.

It has to be something materially wrong to drop to see 2/3 of value wiped out.
I hope you are proven wrong and price stabilise around current share price as when buys gather momentum it rises very very fast.

From Annual Report

Moving forward, it is expected that the Group’s CBD business will begin to be cash positive in the short term, with strong revenues expected to follow in the near term as its Zoetic and Chill retail brands grow their market share.

What are the likely developments before end of the month investor conference?

I would expect much coveted AATAC deal signed plus another territory added.
Likely we may hear about actual alpha store sales with some break down before hand.
May be some news of progress on collaboration with GVB Pharmaceutical.

Let's see if we can get past 60p before the investment conference.

Good find, RH.
Quite possible that 549402 shares traded at 37.5p could have been stop loss triggered.
It is now impossible to buy in large volume.
When the price dropped around 36p, I could not get a quite to buy 50k and then 10k shares.

I am expecting some RNS next week, may be a distribution deal in Japan or much coveted AATAC deal.

Fomo Friday for potential monster RNS on Monday morning!

Well said Max

Time in the market beats timing the market!

I was expecting a drop earlier this week around 30/35p but it was bit surprising to see it rise all the way to 46p yesterday.

@wrathergeek and fellow ZoeBies!

What books are you reading?
Sharing is caring, please share any good resources.
Understanding market psychology is the key.

What are the mechanics of this drop?
If there are enough buyers but as MM can see stop loss order has the price been brought down only to take away those stops and create liquidity.
I suspect so.

Any other thoughts as fundamentals have not changed and is in fact improving by the day?

Price is dropping but not letting me buy any on HL!

I think quite a few stop losses have been triggered there!

I am raring to add more.
Come end of the month this will be much higher than current price in my opinion.

It is being run down.
Lack of buys?

Hopefully it's temporary drop and some new buys will.pull it back above 40p.

@bigK

For ZOE to catapult to such level we need to hear news like
_ Company has exceeded all internal sales forecast and have achieved revenue in first few months which exceeds sales for the whole if last year!

I am sure such news may arrive too but it is not always a rise in one direction and by all means expect some retracement in share price if it goes couple of weeks of no news / investor fatigue period or broader market sentiments!

All IMHO of course!
DYOR!