moods18 Apr 2018 15:14
As many know,i`ve been in clp for more than 4 years and fully supporting the company`s plans.Watching clp almost everyday made me notice swings,spikes and most of trading patterns.Clp doesn`t have many shares in circulation and with something like 25/30% freefloat,it does spike wildly.During the last week,though,clp was climbing,and still is,slowly and gradually.This is a usual pattern that induce a rerate.When a share spikes,nearly 95% it goes back to previous levels.Of course all needs to be sustained by positive developments and news.I always said that my fair price ,at present,was to be @2p,as we stand,so we still have to get to that.Once reached 2p,it could trasform the sp quite drastically.Another thought of mine,could be that with the new broker/nomad,eventually they ttold the MMS to use a more pratical approach and ,doing so,creating a market....that could re enforce the story that the company is getting to a major result,after such a long time.All the best,max