RE: Analyst Comment4 Oct 2023 16:35
I leave you guys to it for 24hrs and the sp drops 13%! what a day in the office.
not sure if anyone was in RKH back in the day, but there were plenty like kfh involved there that would blindly just spout the same old meaningless poorly researched carp and constantly get it wrong. some funky stuff happened with that sp on a number of periods that confounded mkt expectations, leaving many investors completely run over for good.
the sp angel analyst update from today and the subsequent, but all too obvious, share price weakness today point to something very wrong here. the fact is at 0.81-0.90p, nearly all time lows, there is very little buying at all, and 22m CB shares to be sold over coming days. it matters not that sp angel have a 4.6p target, the fact that there remains heavy selling at 80% below that price is that the market doesn't trust or believe GL can deliver, and /or there's a lack of belief in the asset. regardless, there are plenty that have called this sp far better than ktf, how across their 3500 posts, just on SOU, has the unenviable accolade of being wrong on everyone. the sp has never been lower, and they have never not been bullish. go figure.....
0.5p this week anyone? someone somewhere is making money out of this move lower, who could that be i wonder.......?