Praiser, That might be true but it's all about psychology. Someone is probably loading up at these cheap prices and the mms will be helping them on the way lower
Okay praiser, I think it will go lower than 24p or less than 20p next week. I do think it will sell much higher later on in the year, maybe 60p, but this week it will be lower. Let's see.
Good point. Lots of positives there. Some shares go down so more institutions can buy in. Maybe it will drop here before more news and more positive TR1s.
Evidence, look at the chart. It's no longer in a positive up trend and someone sold 27 million. Why? Well only he knows, no one else at the moment. They don't even know how?
True I don't know since I am not on the Directors list of EUA but it's about sentinemt and mentality. People are already questioning why he sold 27 million. It creates doubt and with that fear. If you love a share you'll stay if you think with your head then I'd say it is likely to hit 18p again. I don't know, thats true. But people who fear losing there profits will be taking them. A top up opportunity for those that believe in the end game
The old addage come to mind"dont fall in love with a share ". The chart or market or mind says this will go lower. If you believe in the company add at the lower price or sell some and wait then add again but don't believe all the hype and ramper's or derampers. We are always the last to know
Business continuity plans successfully implemented and remote working facilitated across the business in response to the COVID-19 pandemic
-- Revenue of GBP12.4 million (H1 2019: GBP14.7 million) -- Gross profit of GBP3.1 million (H1 2019: GBP3.6 million) representing an improved margin of 24.7% (H1 2019: 24.4%)