In my experience, nothing on AIM makes sense. You can get a fantastic RNS and a 20% drop in the same day and that's not just with IOM. I am starting to lose faith in AIM and only hold three AIM stocks now but trying to look at a long term objective is very difficult when there is so much unexplicable volatility.
RNS just out suggests Liontrust have increased their shareholding by £770921 which shows that the current price is interesting institutional investors. Tomorrow may see a rise on the back of this.
I think this is the share that is being hugely tipped by David Thornton at Moneyweek. He calls it his 'Black Box' share and will only give details of the company name to those who take out an annual subscription to his Penny Share magazine. Great write up though, well his sales pitch. Here is the link:
http://pro.fleetstreetpublications.co.uk/punt700mwcs/ERHPQC30/
Cheers, Frog