RE: imo this run down of sp is17 Jan 2022 09:28
Its a shambles and highly frustrating I agree. However the market sentiment is driving a huge element of this. At the end of November, the media frenzy over omnicron and associated messaging saw a peak on here of 498p (approx). There was giddy tones talking up £6-8 which was based on absolutely zero actually physical market value - no contracts no nothing.
We got a tweet or two off the company and that was it.
In 6 weeks from there 'omnicron' is over (is it?) and the sentiment moves with the market picking up on holiday companies and their aspirations for the best summer ever. I think we heard all that garbage last year, but reality was that the 'summer' didnt really happen. Anyway, on testing, its hear to stay for the vast majority of this year.
The outcry for testing at the end of 3Q '21 with omnicron just showed that. As we march through Q1 22 the vital market trading update will allow an informative to be drawn on the business and its standings.
Is this being dragged in the gutter, yes, are other covid stocks doing the same, yes it would seem so.
I see alot of resentment towards the board which I get, but before doing 2+2 and getting 5 is worthwhile understanding that the comms update in the fall of '20 when this picked up 3/4/5/6/7% a day wasnt daily but no one was greeting.
Theres a huge amount of rotten posting on here and if you read all that and feel sad then just sell up and move on.
The prospects here will be announced in two weeks, so either hang on, 'enjoy' or say 'ta ta'.
It may be savage but this is AIM and the risk is high here, the shorters are winning and to be fair all the rubbish on here about the board should do this/ that and the other, clearly isnt doing anything. Its noise.
DA will update at end of the month. Strap up and buckle on.