RE: What I find amazing...19 Jun 2024 12:05
Hi Salopboy,
I think 15LIVES has put it well about the lack of excitement of this arriving.
In terms of the seller; it could be as 15LIVES says, people feel this is the latest spike and think shares will drop back - maybe to 1.3p???
Going against this, is there doesn't seem to be matching buys at the lower price to support this. That might suggest it's a holder with a large investment, looking to get out completely; which could be for all sorts of reasons and is not necessarily a negative thing; for example someone who bought a lot at 0.3p taking what is still a huge profit!
Other reasons might be they are moving on to what they see as better opportunity, they need the money out, reducing their overall holding and so on. Of course there is always the question if it's a member of the White family.