Why this will drift back to below 10p.1 Jul 2025 09:14
Yesterday they anounced 6,666,668 new shares added.
Even today with a more positive RNS there have been 8 trades totalling 42,000.
This just does not have the exposure right now to shift and the market has just been flooded by more shares.
Its a long rd ahead before this will get any momentum, hence this will drift back.
Its a buy for me when this is lower, which it will be soon. That placing yesterday with such a discount has now hurt the SP from seeing 20s for while.
Will keep an eye on this over the coming days for a new entry level.