RE: FCA24 Jun 2023 15:26
It's a tough one for you Reardon95 as you have stayed true until the end and there is still a chance this will spike.
It always seems to just when u think all is finished.
The spread isn't helping a damn thing.
Like PURP that was a ridiculous spread and something similar to NSF now.
For the last 2 weeks before it delisted you couldn't make a penny as I tracked it and the sell price was never higher than the lowest buy price.
It closed on 0.30p and there was a possibility of 0.65p being returned to share holders but the MMs just didn't give it a chance.
It's not quite as bad here but the spread is key to momentum if there is no news I believe.
All I will say is, and read the RNS again, in case I got it wrong, but if this is passed by the judge then it won't come out of suspension is my understanding.
So if you really believe that it will be passed you have your answer about if you should sell, it's just when you should.
It's about 0.25p to sell now and there won't be many people apart from that Thursday when it was 0.20p etc to buy who will hold shares less than 0.25p.
You only need 1 day of buying and this will hit at least 0.55p again...which at a that point you would be mad not to sell and get out for good I think.
I've not deliberately made points there for holding and for selling for you lol.. that's just how I see the situation and have probably made you more confused lol