RE: Oil30 Aug 2024 12:45
The point is the seller is not interested in Matd the company now so the last thing they will be doing is following and responding to any minor fluctuations to the share price. Unlike some saddos here who spend their lives giving a running commentary on the sp, or in Doc's case highlighting the selling only, (does Doc really think their deramping strategy is subtle!!), the seller is just interested in minimising risk by getting shot of the shares they hold. Put in a minimum sell position at, say 2.5p, and knock them out in quick time for guaranteed profit. The last thing they will ever do is change thier fixed strategy because the SP might pop up occasionally as there is a risk there, precisiely because they have no more idea than any of us as to how this will play out, and they are frankly not that interested. They have a guaranteed return so why jeopardise that by getting greedy? Come on, this is basic.