No need for an agenda,2 Apr 2024 13:04
Anyone who's been investing, even as a failute, can see that, at 10p, there are going to be a lot of shares sold for small profits. not saying all, by any stretch, but the averaging down of pi's holdings is going to make selling, even to cut losses or on a small profit, more likely. with the dilution and the new shares about, they're not all going to be going into sticky hands and, until there's a good reason for the share to rerate it's likely to be pulled back by sells. and the closer the sp gets to... 40p the less likely the share will find buyers without that news.
that's just market dynamics.
it also makes today's price reasonable for a near term hold, notwithstanding the churn that's likely.