RE: Just to add17 Mar 2021 18:49
G.rees, if a share rises due to a rumour (40% up in today's case) The company must as soon as possible, release an RNS to debunk such rumours. If the rumours are true, it will take longer for the BOD to release an RNS as they usually cannot disclose sensitive information about such a deal, due to contractual clauses. As a result this RNS will be very carefully worded, neither denying or confirming the claims. In my opinion i think good news is coming due to the continued rise seen into the market close. This DOES NOT occur when a stock is pumped, because shares are usually dumped by market close. A strong finish is good news.