RE: News tomorrow?16 Oct 2025 18:55
I checked online limits around 4pm today, the offer being 1.6p and the bid 1.5p at the time, for whatever reason it was not possible to buy at 1.6p for a long period. It is clear the market is 'playing' this stock, if you cannot buy at 1.6p why not raise the offer, but no, they are happy to sit and wait for sells.
Market participants often wait to see a chain of buying before entering a stock, if that buying stops (unaware online has been cut off) those individuals will hold off pressing the buy button and momentum dies. This is what is happening at HAMA, suggests a short is being protected, you could call it manipulation.
If anyone reads the funding RNS carefully you will see that the company states, re the ATM facility, that they will use it in a controlled way, in respect of the Yorkville CLN there is no indication that they will draw it at current share price levels. The bashers claim there will be hideous dilution but where is the evidence, they are guessing.
AIM is all about momentum, when a stock is 'popular' it moves disproportionally, currently HAMA is under duress and sentiment is against it HOWEVER that can change in a flash, it would only take a stake builder or a boutique fund to enter the market, combined with shorts closing and you could see a disproportionate rise.
Only time will tell but the company must be aware of the significant discontentment and could act in a way to redress this PDQ and surprise everyone.
DYOR etc.