I sold 3 lots of 1,000,000 this morning, and bought back 2,000,000 and 1,000,000 this afternoon. You eventually get to spot a pattern where a positive CPAI RNS is concerned.
Alboumphoto - spot on! I am under no illusion that I am anything other than a rank, hopless amateur (albeit, an amateur with a big cheesy grin this morning).
Background sells likely to have knocked the 'bid' back by a point - probably see a delayed sell trade within the hour. I don't understand how anyone can pronounce with assured confidence, that the warrant selling has finished???
I knew I'd receive some flack for my earlier post. I know a US listing ought to be regarded as a step in the right direction. But that was the expectation with PR1 (which is showing a few signs of improvement btw - here, if not in the US). I increased my holding here because I see value at these levels - but the 'value' is not necessarily enriched further by a US listing. I'm probably wrong (as per) with trading over the pond set to be spark SP growth. All I'm saying is:
I risk being 'shot down' as a de-ramper here (despite increasing my holding by 20% on Monday)...
I question whether the US listing is that much of a benefit. PR1 obtained a US listing about three weeks ago (check the ticker 'PRIAF'). There hasn't been a single trade executed since launch and the UK listing has fallen in that time. Also, DDDD (UK based pharma-research company) went bust 6 months or so after gaining a US listing.
May be CPAI will be different - I certainly hope so.
...shares bought during the last ten minutes of trading today (two separate deals within a minute or so). This appears to be what caused the 'bid' to firm-up,