RE: Interesting Blog Post20 Apr 2024 06:52
Good research & links LOTM-13.
Interesting price action yesterday closing up 8.6%.
I added a further 250,000 and was tickled to get them at 1.8p mid morning.
I noted 1,650,000 of ‘sells’ mid afternoon around 1.75 then the price jumped to 1.85 for pennies and closed on a buy of teeny buy of 17, 500 shares at 1.9p.
So, more smoke & mirrors and perhaps a delayed trade or TR1 from Rathbones, continuing to build their monster position.
Either way, looks like stock is very tight again so any buying will bring us up to the recent 2.4p area pretty quickly.
I’d like a few more days of f buying opportunity without news, so I can build further.
I guess we’ll hear about Microsoft fairly soon, and maybe the remaining ‘Super -majors’ coming aboard, but it’s clear we’re getting close to serious scalability & subsequent monetisation.
And one can still buy at sub 2p, wonderful!!