RE: News very soon25 Jul 2019 16:39
It's what I'd expect. Lots of people on AIM trade rather than invest. (IMO, it's a mistake with this stock, which will gradually turn into a buy-low, do-nothing long-term-hold company, but that's another story). It's highly likely we'll get the first (of several?) items of news at the AGM. So you want to be a holder before the AGM. But short-term traders aren't going to want to tie up their cash in this company for weeks before the AGM - they could "put it to work", chasing 10% gains here and there, during those weeks. But as the AGM creeps up, it's time for people to take positions, and they will. Of course, there is still the possibility that we get significant news before the AGM, in which case this plan could backfire for those keeping their powder dry, but I'd certainly expect buying to build gradually over the next 6 trading days.