sure there are some buyers for the dumps, the more of them the quicker Parvus are out. See SHI, two sellers reducing their holdings and the price goes up from 18p to to 30p. volume is the key.
massive volume today. down from 31p to 23p in 2-3 days. Really crap for holders as myself, but hey, at least things are changing fast with this speed and we know that once the seller is out, this will fly back up fast.
those massive dumps today created a great opportunity for top ups. wonder where this will go tomorrow, really curious. can be even a spike back up if they won't be selling tomorrow.
Parvus Fund previous dealings. See RNS 6.02.2019. *Not May* They upped stake in AA by 15% within 1 day on low volume. Share price low impact. How is that possible?
we had about 2 months of reduced traffic on the roads in UK. seems all is coming back to normal and in a few weeks will be same as before covid. how about breakdown numbers and need for new batteries? how about insurance policies, they won't be cancelled in this situation. April last year results saw share price at 80p level and EPS only 2p. This year results EPS 14.1p and where is the share price? very very low.
11.05 Congestion on major roads such as the M25 was reported for the first time since the UK entered lockdown on 23 March. Data published by location technology firm TomTom showed that the level of road congestion in London at 8am was 20%, up from 16% a week earlier.