I agree, only a few trades each day, sometimes none. As you say with small number of shares available, any pressure either way makes the swings that much bigger. But with the recent excellent progress I'm betting on a sustained rise in due course. Like you, I can't put a date on it but happy to wait and add on weakness.
I think it is a very positive update for the company and positions them well for the immediate and longer term future. I'd have liked to see it hold and build on the gains of the SP this morning as there cannot have been that many trading it in the lead up to these results (the daily trades have been in single figures most days) who then bail out for their gains, obviously there were enough of them. Time as ever will tell but I'm happy with what has been achieved to date.
All these, however, pale into insignificance in comparison with the following four events.
"And lastly, when in September 2018 Derriston (to be renamed S4 Capital) was relisted on the London Stock Exchange – the start of a new journey exploring digital content, first-party data and digital media planning and buying; the start of my third journey in our industry over the past 40 years or so, about 10 years less than Campaign. Happy half-centenary!"
Interesting rns, if pwc are happy to resign they clearly see great value in a partnership going forward and as they will know the company inside out this sounds like a very positive bit of news. As ever we'll have to wait to find out details of the prospective partnership but I'd imagine it would not be too long now they have announced the resignation.