Very strong in the morning the market maker AT trades dropped it in the adternoon. I added another 80k at 8.8p late yesterday. This is now my biggest holding. Won’t be sub 10p for long. I am also confident they will address the toxicity issues with the JDA in May. Looking to slice at 20p
So my guess is volume should start to increase early next week before the spud RNS. Am wary of past failures here but the low cap and SP is worth the investment
Not sure the wider market are aware we are close to spudding hence me taking the opportunity to add today and Monday. Spud RNS should help that and only 260 million shares in issue
Took a position in Zen. Was hard to buy sub 3p on a paper loss with Babs on NFX which is so frustrating as the RNS yesterday out of the blue was a barnstormer GLA
In yesterday’s update. Price way to cheap and trial results next month, depending on SPREADEx offloading or holding back I expect another go at 4p today. If it does drop below 3 I will be chucking the kitchen sink in
As some will have been spiked above 4p and me at 3.8p. Where do we see the price action for the next couple of months. Cash in bank seems solid at moment and trials results due next month which is why I was surprised the sp went to 3.35p. SPREADEx may well have offloaded 8 million or so today. We’re they deriskimg a little or are they flogging all there stock Personally I feel it will rebound to 4p as more digest the RNS
An attractive SP to buy in for those still to digest the RNS. I bought in at 3.8k and added a few on the bell so am over 10% down but what news today. Plus the trials next month. Over 10%of the company changed hands today. Hopefully go to 4p tomorrow and hold
It will get there. Be patient. Healthy consolidation taking place at the moment. Well over 10% of the company has changed hands today and market cap way to low