RE: And this rns just relates to the paints division. all the recent optimism is fire extinguishers.29 Apr 2024 11:16
Not necessarily. Day trading on volume and low spread shares (so NOT this one), when done competently, can be profitable. I occasionally day trade OTHER SHARES myself.
On the other hand, low caps with high spread can hardly be day-traded, so it's probably impatient punters who have been selling shares today.
This share is far more for medium to long-term investments.
I, for once, have a much much much much bigger target for my 2.15p (ish) average, so I barely check the SP and the company news (i.e. RNSs), let alone this board, daily, because I am reasonably confident of the extraordinarily bright future of this company based on its product range, the evolution of the business, the timing of the past placings, and the broader economic, political and (unfortunately) environmental situation.
All the best to all holders and everyone else who has a modicum of integrity.