CNR - sitting on hands27 Jan 2021 15:58
Afternoon all,
It looks like the share price is languishing again just below the mid of our current trading range (47p to 55p) awaiting the next steps.
I must admit I was considering buying more at 50p yesterday however then thought if I wait till Thursdays webinar it could move either way possibly giving an even better buying opportunity, or if the share price goes up I am happy away.
As I currently see it, everyone is awaiting news hence the low volume, and if there is no RNS tomorrow morning the share price movement short term will be determined by what Mark says (or doesn't say) and his overall demeanour.
If negative or no clear timelines I believe there may be a short term buying opportunity, if he is overly bullish with something substantial to back it up then its a much needed springboard.
Whilst our fundamentals will not have changed ie all the positives previously mentioned, with so little liquidity a few negative trades could take the price down 10%.
Lastly whilst Jim's most recent purchase will aid our finances and give a bit of confidence, realistically it would have raised more questions if he hadn't taken up on the warrants!
I appreciate the above doesn't predict what's ahead however if Mark is reading please give confidence tomorrow and share as much as you can re future plans, you have a great story, now tell it!!
Keep the faith and GLA, tomorrow and Friday will be interesting!