If the news drops that we are all hoping for and expecting then I see no reason why the broker target of 87p is not approx where we end up for now. I'm sure someone posted very recently that in each of the last 2 years, we have achieved the then current broker forecast....now that would be nice and a good start for things to come
Or possibly just holders refusing to play the silly MM games when they drop the Bid looking for sells. The only way to get volume would be to raise the Ask and get some volume going....or respond to a decent RNS
They're certainly taking advantage of lower volumes...dropping the Bid from 36.5p to 36.1p in just a few minutes, but still showing NT for anything over 5000 shares
I guess that I've broken some rule or other by talking about a sale at 37p when the Bid was 0.5p higher...strange rule. I was just musing as to why the trade would be at a price so far below the Bid
Unless there has been a chunky sell, it really irks me that the MMs can drop the Bid from 36.95p to 36.20p in less than 2 minutes. Any sizeable buy would struggle to raise the Ask by 0.75p so easily.
Now 36.65 but they'll happily take 100,000....games, games, games. You would think by now that they would be more than well aware that we are more than well aware.
Bid now at 38.025p....could we be heading for a strong Friday finish. The MMs may have managed to grab back the extra shares they oversold yesterday, so time will tell.