RE: Boring day , little movement, quiet board lol17 Aug 2022 21:17
Everyone who sold today did so at a loss. This tells you something about the current sentiment. Hopefully, we'll see a bounce tomorrow but just by looking at volumes I doubt it will be a big one, sellers are all over it. Most volume came at a bid price today so no wonder why we finished at 8p. It's only a guess how much stock has been accumulated by MMs even at these prices... It's possible to completely reverse today's drop if Nisan can find a short term financial solution. Just because the rns was vague the market took it as "things are extremely bad" but if it's not the case then surely it was better to give some numbers because it doesn't make sense to dilute after a crash.