RE: 52 week low!12 Jul 2025 11:46
Pedro61 - What if the 1200p prediction is right and some unforetold event happens in the immediate future. Spouting past predictions works for all but without decisive dates & confirmed sources of information, they are flowers for the fairies.
If the SP tanks to 10p on Monday there would be a huge take up of +30M trades. Likewise, a whiff of fresh money coming in to the accounts would see a spike in the SP. It's obvious that hedge funds are draining the SP to break the company & it seems a long game. Shareholders can only lower their average or jump ship during this time. This year's accounts will probably show the same direction as last years so not expecting anything other than more gloom.
Pedro61 you need to pick better numbers - how about 61p for xmas? or 16p for Tuesday? Money can be made either way if you make the right choice. Always best to be ready to jump on/off the ladder at the right moment. Incidentally, when large BUY trades occur, the SP drops as happened this week. That MM theory still runs true.
My 25p SP prediction is still up with the fairies & has every possibility of appearing soon enough π’