RE: No RNS21 Oct 2024 20:03
Yeah, but the same could be said for lots of these types of names, insofar as 90%-plus drops from ATH's, and a belief from some shareholders that their outfits are more advanced than ever and worth multiples of the current SP, etc.
Look, you may be right (I have looked over recent RNS's here and do not think the evidence to support your bullish thesis is that compelling) - but that is neither here nor there.
Say you are right, for the sake of argument...a 70% one day rise and no acknowledgement from the company as to whether or not they know of any reason for the SP movement, is not good form, to my mind.
And if we see an RNS tomorrow, or in a couple of days, that says a deal has been reached, or some other significant, material news, then how would that not give a particular impression of something suspicious?
Anyway, like I said, good luck to you and your fellow shareholders. Hope it is a positive outcome.
And this is AIM, so even if something was irregular, it's not like anything will come of it, lol.