Friday market update.....24 Nov 2024 10:00
Let's be very clear guys,the company knew very well about the reorganisation plans when they sent the 7 a.m RNS about the clinical trail, they knew it will trigger a spike which will let some in the know to take advantage, hence the heavy selling, at the same time they also canily tempted PI to jump in and add/enter at a level that made them nursing a hefty loss withinn 2 to 3 hours when the second RNS popped out..
Basically day light robbery that unfortunately allowed by the market.
Personally I had a little stake that I was happy to hold and welcomed the first RNS however, as soon that the mid day RNS was out I sold the lot luckily at 1.50p which still posted a little loss......
I lost the trust in this BOD.
As for the product and the plans,they can prove to be very successful in the long run, but at this moment I am happy to stay away.
GLA whatever you do.