RE: Upgraded Energy Storage Forecasts14 Oct 2022 18:52
FIne RNS week by ies.l, in fairness... and I've much more peace of mind in my holding here now, granted.
That said - based on Shearclass's seemingly quality volume analysis steer - lets say we're talking very approx. 20 million ish shares tranasacted this week .. as the s/p went up from 22 odd p to 30 odd p in the week, clearly a chunk more were buys than sells.. but there was obviously still a lot of selling going on given the extent of volume transacted versus the only 8p s/p tick up eg Fidelity took this from 30p ish to 50p ish fairly recently in buying 5 odd million shares ish, I offer, from memory
The max Amati had left to sell was 5 odd m.. and they may easily not have sold near all of those this week.... can't wait for a holdings RNS from them to give a better view on this, obviously.. but one for under 3% at least by yesterday or today would have been likely I'd have guessed.... although a lag may be allowed in reporting for sundry reasons...and, of course, there will always be short term traders entering/exiting quickfire to a fairly significant extent in such circumstances, I understand, which can explain lots of volume too.
Still, generally, the timing and burst nature of selling here has had a dirty feel about it for a long while now to me.. and I've stronger again feelings on that view after this week, actually.. as in a hard core plan being ongoingly executed to bring this share price to it's knees and then keep it on its knees too.. ( Such news/buying volume could readily have seen this s/p go back to 50p + this week, even including a few million Amati sales, in my mind... and back to 30p only is a surprisingly poor rally to me )
Here's hoping that the journey back to even 50p + here is not nearly as tricky to achieve as it might be.. and an II buyer of semi decent size even next week would help hugely to that end, very please.
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