Don't let the MM's deceive you π19 Nov 2024 23:46
Today was a great leap forward with the Semnet RNS, and for those of you whom observed price action today will have noticed as I did, that the highest bid price achieved was 0.0155p which occured between 08:22 and 08:28am.
Now ask yourself this.
If you sold at 0.0155p could you have bought back cheaper today?
Answer is No, and for those that did sell a mere grand total of 2.124m shares @ 0.0155p I would IMHO strongly suggest that the upward trend is now moving upwards, perhaps towards 2.0p so forget that tactic.
So the moral of this tale is, trading this share right now inorder to accumulate more shares is proving much harder than a few weeks ago with all the anticipated news in the pipeline.
Just my opinion , GLA!