RE: Tomorrow 🚀25 Sep 2024 19:30
For me SP drop nothing to do with results and you don't know the details of economics. All that is in the DFS but the BOD are certainly happy with it.
There had been a sustained rise over a couple of weeks leading up to these things, maybe a bit overdone? Then as always it is the old AIM thing of sell on news. Although it was well overdone and driven by the "herd", amongst which is many weak, easy to scare PI's, newbies who panic on drops accentuating everything. Same in reverse on rises. When you get Institutional Investors then you get more steadiness.
The "market" is basically the "herd" which is made up of normal PI's, rainbow chasers, traders, rampers, derampers, crazies, loons,and every thing in between! The graze from one hot share, by hot I mean going up or down fast. New fodder is rumour and RNS. Then move on to the next leaving the SP where it is until next news or grazing time. Look at just Helium plays like 80M now becalmed, HEX about to suffer they slow decline until news. And many many other shares over the years on AIM. SP on AIM is generally sentiment driven, what is "perceived", which side can sway it there way, not fact. The only time you get a company properly valued on AIM is when it is sold! Otherwise you think MCap's can swing so violently that a company is worth 20M one day and 100M the next. Is that factually what it is worth on any day? No!
Just look when we get news, the fall, or even over last couple days rise. How many new faces turn up, how many pop over from other shares. How do they know about here at all? They simply have RNS alerts on and/or look at daily riser/faller tables and take it from there.
The ones I like t spot are the "subtle" derampers. Seem like invested but always just have that negative tint when they express their fears. Or something not what they expected when all around are good with it. Otherwise known as a Trader! Watch for more of it over next few days as some try to flip sentiment around to get a drop and.....................TRADE!
However, sentiment of obviously good here now, mostly positive posts, we want to try keep it like that. People buy in positivity. The other side will try and turn that into negativity to drop the SP. They are very good, very determined and it is their job. It is up to you to stop them. ALL imo