RE: 1.6bn traded yesterday, high volume continues we will see a quick move!17 May 2023 11:55
Krustysmegma - Traditional investing means believing in company prestige & values. It also means you are likely to have a devalued portfolio if you invest especially on AIM. TRP cash call programme seems to keep the company going & if you are aware, you hold your investment for as long as necessary. Your money & you need to protect it. Buy on the lows & sell on the highs is the old game. Todays game is not so civilized & companies too exploit investors. Research is key but essentially look for the next SP growth pattern. TRP have done the recent placing due May 30th, SP likely to remain around 0.05p until license approval & drilling commences in Q3 or later (in Cameroon).
In short - don't be a sitting duck waiting for the next placing. Soon be 10B shares @ 0.07p
For now SP likely to stabilise around 0.05p then raise to 0.1p (maybe more) but expect another placing August/September.