This is just a hype..... Aaz with 16m market capital and round 50m debt, is OVERPRICED,
It will drop to 10p, then 7p then 5p. Without reduction of debt it is avoid for me....good luck with the spike.
The main reason does not depend on iof, very low iodine price which harm revenues..... No revenues, and cash burn, this is moving in dangerous territory.
A drift to 15p today and a test of 10p in coming days.
Iodine price are down, this will be reflected in the revenues, Cash burn could be higher, because of production costs and iodine price. Single figure, 6=>5p
Farran, there are many things which tells me that share price will be down, in single figures in coming days /weeks, few of them you have mentioned very well.