I’d have thought with 87 million shares traded on one day along with another sell last week the stale bulls were long gone. Placees who are not sticky are taking rough with smooth and averaging their allocation. Don’t forget they got over three million sold in one go at over 6p so they’ll have a target average imho. Not great volume compared to last week.
For sake of clarity…. There’s nothing wrong with trading. Like everything in life timing is key. But….. If traders had the sense to sit on their hands after those brilliant announcements they could have made the equivalent of ten plus 10% trades in one go without damaging the long term holder position. In addition the fund raise would have gotten away at a much higher price hence further underpinning the sp. Common sense isn’t that common!
Yrabs…… you know very well how this should have worked…. Peter would have agreed a slightly discounted placing based on news he thought would have given an 8p plus share price. The normal Trade Brigade on here didn’t let that happen so he was stuck. I don’t trust PF as he’s made too many false implied promises but it is the fault of Traders this time and so proportional blame is theirs…. We pretty much know who you are by the way!!!!
Why I rarely post here these days. Still holding strong but best to steer clear of many of the people on here serving their own agendas. Good luck to the old gang plus genuine long term holders! :-)
Exactly my original point.... was never gonna happen! These derampers make me so angry!
I’d quadruple my holding at 50p. But don’t believe that will happen unless there’s terrible COVID news... which vaccine should stop happening. The Carlsburg plus other news and declined takeover bid surely underpin the share price at around current support levels so I’m bullish.
You gotta laugh :-)
Trading was in line with expectations as sales grew to £9.4mln in 2020 from £700,000 a year earlier. Shield had £2.9mln in the bank as at the end of last year, and a shareholder loan facility extends the drug developer’s ‘cash runway’ out to the end of the year.