Strange developments?12 May 2015 17:17
We had a pretty downbeat statement from the CEO a couple of weeks back, with no mention of the aerospace progress. The SP fell. Now we hear that the company is "in the final stages..." with its aerospace partners, a business's development manager is appointed (why on earth do that now unless growth prospects are on the cards). Today buys outweigh sells by more than a million in unusually high trade volumes. But still the SP falls significantly. So here is my guess: we're seeing strong manipulation by the MMs, they are encouraging sells with the SP, while someone, perhaps institutional investors, are building a stake. If I'm right, we can look forward to a good rise in the coming days. Any contrary thoughts?
Greetings to all fellow long term holders. It's been too quiet here for too long!
Lionel