RE: Zak Mir estimate of 16p in sight23 Jun 2020 16:40
The former MM is an investor here and I hope he won't mind me quoting him/her from June 18th when he/she was observing the SP in a similar situation:
'I like the way this stock is being worked MM,s playing the waiting game,Institutional buying orders being worked slowly as any selling being moped up with price movements to the downside becoming less and less,at some point soon the buyers will want more stock and the suggested targets mentioned 13,14 15p will bet achieved ....my thoughts as a ex market maker ...i,ve seen it before......good luck all....'