RE: Interesting Calculation1 May 2026 04:31
Interesting you say that ifka.
I was thinking the same that these big rises correlate to the percentage decreeses in shorters holdings.
If that is correct that every 100k purchase back equates to 1.5p sp rise Then if a previous poster is correct that there are 23 million shares atill shorted, then thats an almighty rise still left for us 😁 322p i make it unless my calcs are wrong?? Either way, as i had worked oit, the shorts exiting takes us well over £2, and they are hastily exiting now.
They jave nowhere to go, and any bit of news now dropped does them even more damage.
I was also thinking that the friday rises are potentially people wanting in before any potential news breaks on a monday morning FOMO.