RE: I cannot believe they are dumb27 Aug 2020 10:12
There is almost certainly a timeline, whether this is Duferco or linked with JSE plans. High pressure buying could over-ride the suppression, although would have to be sustained. It seems the price is 'allowed' to rise a bit on strong buy days and then brought back down on the next few days quite easily. Sure, some short-termers will sell on rises, but this really does not look to be what is happening here.
I would also like to see the company shouting out about achievements, beyond proactiveinvestors interviews. Perhaps they are happy to let it ride, either because they re expecting good times will just happen for investors, or because it suits other plans. I am wondering about the JSE listing question and whether this could be a factor, but timeline? I note VVO is listed on both JSE and LSE.