RE: 10% spread29 May 2019 18:44
What we have seen in the last couple of weeks is a change in news flow. Traditionally CASP have kept us in the dark on progress and I accept that this policy has helped them to push through the Baverstock merger and the 3AB deal. It now looks like CASP are going to be given a free run at improving the market cap and creating the potential of AIM50 entrance. The delay in the MJF licence is creating some anxiety as until it is granted we don't know for sure that there isn't some political reason for its delay. Once that lands, there will be no reason to suspect that the licence for the deeps won't be granted. 25p short term, 60p on MJF licence and £1.50+ on deeps flowing. GLA