Just my opinion12 Jun 2024 12:31
For days now, they have been 'shaking the sheet out of this' ...... ask yourself why ?
Someone wants to accumulate shares on the cheap.
For instance, buy half the company at an average of say 7 pence per share and the remainder at 25p will save the buyer(s) hundreds of millions and the opportunity is there now after years in the doldrums and PI's are worried, in the dark and ultimately want out (will be shaken out too early in my opinion so be careful).
Forced notifications as to holdings is all well and good, but can be delayed or various entities buying etc (this is AIM).
I've been up and down on this rollercoaster since the 0.4p days and seen this pattern before.
De-risk, buy or hold tight ........ but something big is happening here !
GLA