.... after making a bit on the way up. Seems quite a good risk reward at this price. Will put my stop just under 11p, the placing price which also happens to be the 50 day ema.
That is some RNS. Must be due a massive rerate. Lot further to go from here. Am I right in saying the results are until the end of March so won't include all the free money the Gov has been dishing out that has found its way into the market and further boosted CMC's coffers?
............... always so large on this share? Who would want to buy and be immediately 10%+ down? Is there lack of liquidity and volume? Bid, still hasn't manged to break above 19p.
Had 7 attempts at breaking 19p....3 Jun 2020 09:56
..... in the last 5 years before breaking through on the 8th attempt. Now it's fallen through that support like a knife through butter. Be interesting to see if it can get back above that fairly quickly.