I’m hoping it doesn’t go up for the next few weeks. I’m selling a car and want to put the cash into this. My theory is “ follow the money “ and with CA doing what their doing. It’s a no brainer.
ATM I’m very confused. Is someone buying large amounts of stock then selling small chunks back to depress the price so they can buy another large Chuck cheaply. And so on. That’s why the spread is so large and there’s a lot of movement in the price but no direction. If so. When they run out of sellers at this price they will let the SP move higher and do the same.
This is going to kick around 3-4 until the big boys have hoovered up the shares of the faint hearted. There will then be some good news and it will be a clime to 10p. When the bonds are due next year or they need more to fund drilling. There may be an ask from shareholders for funding. This may not be needed if the poo stays high. I’m selling other shares at a loss to keep topping up on this one. It’s a no brainer. IMO