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If anyone saw HE1’s move we could well get something similar here…….anything under 2p is a bargain here
Well I can see women buys coming through here and watch the mms stretch out that spread. Avion could well be looking at a bid now
Shorts added yes on Friday, but the price has moved up…….there would appear to be a buyer building a stake here, I don’t think this move is retail led. I’m looking for that holdings RNS or indeed a cornerstone investor that may well make an opportunistic bid in light of the current valuation and work pipeline. Like I have speculated this could be Apollo? VWAP appears to be building nicely
Ok so looking at the trades there are more sells yet the price has gone up along with the bid. Any small amount of buying is causing the bid to increase, so I can only assume someone is mopping g this up and the MMs are filling some large buy orders
It does appear from a chart perspective and volume certainly end of last week that the move higher will continue. Higher high would see us top 42p, but I have a feeling that news is imminent and with shorts yet to cover another move up of say 4/5p and we could see a bit of a stampede.