RE: : RE: Breaking News1 Jul 2021 23:26
Why Today?
My guess is that the company did not want us dipping below 6p before the next Big Daddy RNS.
I think todays RNS has been in the pending tray for a couple of weeks, waiting for such an occasion.
If so, the objective is to keep above 6p for 2-3 more weeks (after 3 weeks short term investor attention begins to hanker after the next rainbow). Next Monday (5th) BoJo will confirm lockdown ends on 19th, and probably Javid will do the same on the 12th. If Bojo wants the kudos, he will swap around with Javid - whatever benefits him most. Just speculation, of course, but the fuse on this rocket is under 15 days IMO. The sp may yet bounce around 6p for a few more days, but I feel that within the next 3 Mondays we will hit 18-25p, depending where the sp is when the RNS drops.