There is nothing to explain all shares are up and down its the nature of the market. Would you ask this question if the sp is sitting at 3p? The same dynamics apply so try asking a more intelligent question?
RE: News that could set the Share price a light.19 Jun 2024 12:40
What's the likelihood Semnet have secured another biggie contract? Could we get an rns with more juicy detail ? Without the placement selling into it. I suspect something uplifting is on the cards forthwith.
Imagine if you gave up when the sp was languishing at .4p only to watch 1.60p unfold soon after. Well what's the difference to now? Ask yourselves that!
When I started many years ago I made this mistake. Panicked, sold out took a big hit only to watch the recovery the next day. Bit like novicehunter selling out @ .5 - it's a real stinker to live with.