RE: Long termers28 Aug 2019 19:08
I like your ambition, i would happily wait 24 months for 16p which i think is more realistic, however these AIM stocks have a habit of doing nothing and then going completely bonkers, as soon as the herd get involved anythings possible and they can over shoot their true valuation by some way. So i would never say never.
Sandgrounded: re your post it looks like someone opened a 5.4m short at 11.30 @ 1.62 expecting a drop, then bottled it and got out at the end of the day @ 1.68. Someone else can do the math on the loss?
Or as you suggest, could have been an mm naked short to try and cause panic selling, and they failed.
I’d be happier with option 2 because that means an RNS has been logged.......and its good.
Here’s hoping!