RE: Price rise12 Sep 2024 18:18
I suspect the UK small caps space is being disrupted by the anticipation of higher CGT in the late October budget. Hence people feel incentivised to bank profits now, to lock in a potentially lower rate of CGT. Although maybe some of the sellers will be wanting to buy back in, so this could just be a short-term dip. Again, personally I won't be letting unusual price falls disconcert me, that's more of a buying opportunity than a threat in my view, because the likelihood is that sellers are motivated by tax factors, rather than inside knowledge of poor trading.