Just AIM10 Oct 2018 17:05
The behaviour of the INFA SP is typical of the way in which AIM is traded nowadays. There really are very few LTHs and those that are are investors who stayed in to a poinr where they need to continue to do so to recover their investment, at least.
INFA is almost certain to multibag from where the SP is today and the intending investors know that. But they are waiting and waiting for the best entry point to maximise their profit. So some director buys,(or whatever), and the price rises a little and a few of those speculative investors begin to buy. But the price rise isn't sustained and the MM's drop the price to make a market. Thus the SP drifts down again because the putative investors see that this is not the spike. And they are only interested in the spike.
Any decently researched investor knows what the rise determining steps will be in relation to INFA and they can guess when those events will come about. Meanwhile the BOD is doing its best to sustain investor interest.
I have a decent investment here and I know it will prosper. INFA is guiltedged. I also have my own ideas about the timescale for the achievement of various SP levels and that is related to when I think various events will occur. In the meantime I have SP figures at which I will invest again commensurate with keeping my investment below a notifiable level. Not a lot of room left, but there still is some!
I totally believe in the Islandmagee project and I expect to profit spectacularly from my investment in INFA, and I think I understand the market activity here.