Just cant imagine Suzy going out and buying new companies. If she has large amount of cash she will expand and maybe start doing P1 on some of the new drugs.
Looks like we will need Mr 50K buyer to break 22p! A break of 22p will lead us to 26p ( weak resistance) but most likely to 35p ( next week). I see us consolidating at 35p-30p range for a while before moving much higher!
22p is first key level I'm watching! 26p-26.5p is the next key level 35p is another level to watch. 45p - 47p is the super breakout resistance level to watch! this resistance line goes back to 2011. A beak of this level will move us to 73p and a double top.
Maybe 501 is the new drug that Suzy could be thinking of signing up. Or someone is bored and having a lough. Or someone is testing to see the offer price as 501 are all buys. or maybe A1b2c3 is adding to his holdings :)
So after reading her reply you topped up? Interesting…
I just can’t see Suzy doing Q&A without a deal or a really interesting update!
Hence, I agree this is the last time to buy in at these levels!
I’m fully invested in here but If we break 22p then I’ll be adding few more. 22p has been a strong resistance today and a break of this level should move us much higher!