OXP8 Jul 2015 16:03
When there is a dormant period between news, mms try to see if they can get few to sell at bid price and then entice them to buy back at higher sp.
Some has paid full ask today.
Nothing has changed here and all the news so far look very strong & positive.
Even the placing has hardly any effect. If this had dropped to 10p, we would have accepted it due to placing price. So 11p+ at present is a big bonus to build upon.
Just look at other coys where placement is announced. SP plummets. Not here as from what I have read & heard, what this coy is doing is a game changer for investors, coy and customers.
There are many waiting to see if they can be in a bit cheaper, but in long run this will not matter.
14/5/15: SP was 9.25
08/7/15: SP is 11.38.
In between placement but no effect.
Woodford takes 33%+ holding. He is very confident to have such a big stake.
Octopus takes holding on Monday. They are getting reading for the news and getting in before sp picks up.
That's why those who are in now are going to see a big reward before the market really wakes up.
So at present, upside is huge at 11p compared to the down side. People should invest taking all these points on board.
The fluctuation in sp with few trades is neither here nor there.
The news will start to flow and sp will start to rise.
GLA!