RE: The £5.2 Spike9 Apr 2020 21:20
This spike was very similar to the spike on 17th February 2020, when the share price went from around 100p to 225p in an hour or so before closing around 150p.
The share fell back significantly over the next few days to well below 100p.
The difference between then and now is that COVID19 then was a virus in far away lands and no one had died in the UK.
Now UK deaths are 1000+ every day (notwithstanding the official figures) , NCYT have AZN and GSK tapping them for their knowledge and patents and the country is in crisis.
This time, because circumstances are different and the pandemic more immediate I doubt we will get much more pull back, but just as before we will achieve new highs well in excess of those attained earlier.
I suspect it won't be long before we blast through 517p and keep going.