I did say it appeared there was a buyer in the background mopping up……wait until there is a 1% or 2% close - not 0.1% - price would likely move up 10-15p
Short funds buy order being filled - normally with the volume of sells early doors the price falls back it was held at 23.1 most of the day until the last 20 mins
I think a few others will be thinking along the same lines. My buys at 19.7 and 22.5 on Friday looking pretty solid now, because I know a run higher is on the cards
BB will be showing this as a Buy Confirmed…….its pulling away and looking like a good finish. We essentially now need to break through 26.5p and then many of the derampers will scratch on another board. Also would be good to see if a few more of the short brigade used the opportunity to close later
I personally can see an almighty squeeze here…….shorters have been given the golden opportunity to close all week and some now will be looking at what their peers are doing and that should create the volume to send this higher…….very sensitive to the buy side if you take a look from 8:58am this morning
Well it does on my buy today, but I have a hold and trade bag. Anything to nail that average lower. I just can see green shoots with this one, so I am building a stake and hopefully the news will surprise a few
Offer must be looming…….that’s why they are exiting. I mean even if we saw a low 60/70p offer they will probably be taking a haircut. I still think there is something being thrashed out and the RNS last Friday was to hurry it along. I know others have a view on the board and although at times I have questioned their timing the sp all of last week was steadily moving higher with solid volume and Friday’s RNS was orchestrated - onwards we go. Apollo must be in the mix along with Asfari - but there is more going on than meets the eye in my view