RE: Good news27 Feb 2018 16:34
The London Stock exchange has some good data on the volume and value of trades over the last few months and certainly there does seem to be a bit of a rise in volumes and value over the past few days / weeks. I think this could be in anticipation of the launch and resolution of the debt. Maybe there is hope of some light at the end of the tunnel.
Additionally, as volumes were so low over the past few months whilst the share price languished at historic lows there probably wasn't many buyers so I doubt there are many profit takers sitting in the wings.
Finally as the total shares in issue is quite low the price could be forced higher due to a lack of liquidity, and hence maybe why the MM's have been maintaining such a large spread.
Anyway just my thoughts for today, what do I know etc. GLA, DYOR.