RE: Context29 Sep 2021 14:06
IMO this share is doing a stunted version of what it's always done during my time here.....
E.G.
As a very much past trading and lifestyle share its had a bottom around 0.7-0.8p... this then grows to about 1p+ on prospective news. If the market then sees some value (always short term to date), it spikes as high as 2p odd, but usually 1.5p-ish.
Then the traders all sell and rinse n repeat. Oh, usually then a placing or two to keep the "lights on", as someone correctly said. Some 5.8 million I saw quoted in this and warrents (?), since DP took over a few years ago.... !
This time I think a few bought on the ramping to 1p odd. Many looking to follow the past no doubt and sell out when the promised great RNS came in. But that last RNS, as outlined yesterday was not of any use to spike it. So a number sold out, and so back into the 0.8p's etc.
You can argue all round that eventually when the backlogged labs - that some seem to deny - get some grades out, as to if this flys, spikes n repeats, or flops again.
But that's the possibilities I guess. If your a trader the spike will be fine and your gone. If investor you hope for at long last a commercial find.
Simple really. No amount of bb or Tele debates gonna change the above. We just wait n see, and in the meantime you buy, sell or hold as you wanna roll your dice.
Cheers.