RE: Chart pointing for a massive bounce, dropped from 200p to 4.5p9 Dec 2025 10:57
Geofrey, my view fwiw is that it was a false rise. They had just consolidated the shares and so wiped most PI's out. The insiders were the main holders and so if they bought a few to get the ball rolling and then didn't sell, the SP rises. More PI's come in who fall for the bs and dodgy figures, ignoring the 400 million warrants at 4p etc and the SP continues to rise. There was also a coordinated scam ad campaign, making out that Mast was the best thing since sliced bread. Once the SP was high enough, they turn the taps on and then at every big drop, they pause for a bit. A load of new PIs say "ooh, it was £2 a share and now it's only £1.20 a share / 80p/60p/40p/20p/10p and it repeats, helped all the while by vague RNS's that suggest Mast is making high revenue and profit, when it isn't.
It's been a coordinated scam but equally people have had enough warnings, so difficult to be wholly sympathetic.