RE: At it again?21 Jul 2021 12:45
It's difficult to say really what is the exact cause of the drop. I would like it to be the filling a big order but we are all just guessing. AIM being AIM is not a very liquid market by comparison with the main stocks and indices and has much fewer players which can facilitate this type of price action regardless of the motives. Sentiment also key and with Velocys management playing hide n seek regarding the recent fall in sp then potentially news on the way and as you say thurgarton loading the books up ahead of a climb. Hmmmmm. But if that news had been leaked and it was good then surely not a fall as far as this? Stock dilution possibly and as previously mentioned driving price down to by II's to get a better in cost. If Velocys is struggling to raise additional cash via a big investor then yes but market manipulation is heavily regulated in the main - I don't know if AIM is under that strict control - anyone? I have asked the Jetzero secretariat when minutes of the last meeting (30th June) will be published and they said soon on 16th July. Maybe find some info on sp in there? HMG need to get moving on environment etc with COP26 on the way as Boris wants to be a champion of the environment so fingers crossed for a bit fat cheque made payable to Velocys. GLA and despite saying I was full on this name I may just, just dip my toe in for some more.