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Sadly we are at the mercy of everything that is bad about AIM. Too many basement traders looking to make £100 a day and bail on any rise and MM's who manipulate spreads to suit themselves. Add to that, promoters who over promise and under deliver and it's clear that AIM is a very risky market. Hoping that sentiment for miners will improve and I can get out of ORR with a decent return for the 4 years I 've been here but I won't be back.
Just wondering why would a fund drop 40m shares at this price. Do they have an inkling that nothing is happening here otherwise the fund manager will have Hell to pay if a sale comes along at multiples of 7p in the coming months.
The SP plummeted from the £12 high because they could not sell tests except to their partner and G&A costs were through the roof. Costs have since come down but sales are still minimal. In the last two years other competing products have emerged.