RE: TILS18 May 2021 16:09
...and you could be wrong.
When do you see a sp regress on anticipation of news, unless news is not as expected ( aka SNG) . Yes it’s cheap if you look at last 12 mth, but U need to ask yourself why
this has also got a significant t short interest in place as did SNG Pre news and still Has now. So what do the shorters know?
Be wary and if you are taking a punt at this level just size it according to risk / reward.
What I have learnt investing in pharmas in AIM, is longer they take to release anticipated news, the more likely it is likely to be not so good news. Plus aim is notorious for being leaky so any +ve news is not easily kept from MMs and companies would want to to get out any +ve news as quick as possible
Main hope is they don’t release a RNS on Friday as that is the day MMs use to release bad news
Best of luck