RE: Bullish Japanese spinning top 22/5/2526 May 2025 18:47
Yes PananaBob I do get the feeling it is only hundreds at present. There is very little discussion out there on CapAI. This LSE forum, something much smaller on ADVFN, the Reddit group setup by Crownos. I cannot find anything else significant online.
Also the small value of trades each day: not usually above £1m in total
What this means is there is huge potential from hundreds of thousands of private investors who have not yet picked up on the potential of this share. Not picked it out as special compared to other tech/AI/penny shares.
Every day the momentum picks up, but when the R42 news hits, coupled with wider awareness through the media, then the results could be phenomenal. 2.4 billion shares in the free float in June won't go far at this price.
Imagine just 120 private investors trying to buy 10 million shares each. That's demand for half the free float.
Or 10 institutions wanting to invest £1m each.
The current price won't hold for long. I can easily see 10p to 20p in the short term.