RE: RE rally over £124 Jun 2018 08:22
Stew200 the gap was filled and as you know charts often mean nothing on aim. Directors buys with respect are peanuts at what they bought hence I don’t think it’s set the world on fire, and they could also just see a simple opportunity at these prices like us all. Sentiment is everything hence the drop again Friday from initial spike. Don’t get me wrong I want this to rise but so many people look through Rose tinted glasses which only looses you money. Too many people put eggs in one basket assuming japan will be great (we all thought that without T and look at that!). The price has factored in T failure but, it is reliant on japan sentiment (of sorts), and let’s not forget cash burn will be high (we have no revenue at all), with japan results July - September (Q3). Everything is pointing to consolidation around current levels, this will not hit £1 in the coming weeks imo, and will settle 0.65-0.70 with odd small spike then retrace. Happily apologise to all if I’m wrong but that’s my view on my investment. Just get rather annoyed with people on boards £1 by next week (the same which was said all over last week, and the week before), reality is it won’t happen until news coupled with lack of sentiment we have here currently but I agree a good result will take this into multiple pounds. Good luck for next week