RE: Dots10 Jun 2020 10:39
I don’t know. I’ve seen shares over the years multibag even after being told they were finished, to delist etc. Many well known recent ones. Debenhams as an example. Aiq was another that couldn’t be explained - a cash shell with 5p a share ( a BOD ) with a very shady past including companies forced to delist, yet people were paying 20x its value. All because people were just buying as others were buying. This will I believe result in an RTO here, but I don’t see anything to be made at this price. It hasn’t crashed back because people have still been buying this, not so much now. It could well stay around this price for sometime. It won’t drop just because no one is buying. The buys are roughly equal the sells, or if it remains quiet it will still remain around this price until maybe terms of a RTO are announced