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Those two large buys barely moved the price, I'm thinking marketmakers are possibly holding stock on their own book. There's something slightly peculiar with pricing on this stock over the last month or so and it's not explained by the small free float, although that's a convenient cover story. It looks like marketmakers are trading on their own account and are occasionally caught holding more stock than they'd like. Good way of making extra profit over and above what they should be legitimately earning. What's happening isn't illegal as such, but is usually frowned upon and can lead to "behind the scenes" sanction.

If you get some decent results, followed by US licence, I think you'll see 200pps fairly quickly, notwithstanding profit taking on the way up. I personally think this is a fair one to hang onto for the longer term.

"For every seller there is a buyer." Well, yes but as the market makers are effectively a buyer of last resort and get to set the price, that can be an expensive premise to rely on!

A lot of the recent volatility isn't really much more than normal market activity. Given the modest free float, that volatility will be exaggerated for this stock.

I still think we'll see 200pps by year end.

There are some valid points in Silencedogoode's more recent post, but that's not saying he's wholly correct about forward prospects. Even if you slash the forward numbers by 75% (ouch), that would simply mean reduced price growth going forward (and would make a current valuation of 80p more tenable).

Worth remembering that retail investors were not the only ones involved in the IPO. As regards IPOs more generally, there are still, unfortunately, a large number of folks who recall privatisation issues and think all IPOs are like that. Similarly, there are a large number of private investors who habitually use stops because they fail to understand their limitations and are lazy or incompetent in their research. I'd agree that bleating private investors are being done down by institutional investors is sometimes wrong because it's often untrue, but there are also occasions where there is certainly market manipulation.

Ultimately, CABP is a judgement call. My view remains that 200p by year end is feasible; progress beyond that I'd expect to be gradual, with reclaiming launch price maybe two to three years away. Certainly a buy and hold presently.

Silencedogoode is a laugh. I don't know his/her credentials, but I know my own. There are definitely some speculators around, as opposed to investors, and perhaps they deserve to be burned if they don't understand the game. However, there's a difference between misunderstanding what you have and being shafted by unscrupulous players. The fundamental proposition of this business remains unchanged. Although short term pressures can adversely affect it, same as any other business, the fact remains that it is a good long term investment. Don't be frightened into selling and lining other people's pockets.

Shorters are indeed panicking as the drop hasn't been anything like enough to avoid them losing a pile of money, even with the assistance of some fairly dodgy pricing by market makers. The intention is to force private investors to sell in fear. A consequence of low liquid float is that private investors move prices far more than they ever would in a normal situation. Don't expect FCA to be interested in apparent collusion between shorters and marketmakers, at most there will be a word had in private telling them not to be such naughty chaps. Sit tight and keep calm, the next reporting date and US license will be here before you can know it. Hold steady and need the shorters dry.

Looks like marketmakers are also hoping to square off their books and make a few quid from nervy private investors. Hang in there and see renewed progress over the coming weeks.

A few weeks back it was indeed 130p and a few months back it was less than 50p. I just now is your last bite of the cherry for short term huge gains. I bought a tiny bit at launch, a far larger chunk at 51p, plus more in pieces up to 145p. Yesterday's drop was z chance to add more for a quick profit, as I view 165p plus in fairly short order, with fewer severe backsliding as the price accelerates away over the coming year. 200p by year end and passing launch price in two years, viewing conservatively.

Opening spread of 11p. Now will we see some interesting shenanigans today?

The jitters are being caused deliberately by institutional players to give private investors a shaking. Selling out now is exactly what private investors should NOT do. If you have spare cash, add to your holdings. I've actually dropped some other stocks to load up on this golden opportunity.

This recent technical correction may be the last chance to "fill your boots" before the price starts climbing again. I think there has been some over-egging the position as regards near term price gains, but 200p by 2024 year end is by no means unrealistic, with further progression to original issue price and beyond as confidence is restored.