RE: Something's afoot28 May 2020 10:43
I know it has been said a lot but this level of selling simply cannot continue much longer. There are a total of 31m shares in issue. Over 50% in strong hands, 25% in the chairman alone.
So with say 15m in free float how many days can you have half a million sold unles it is simply day traders losing their money day afterday? It makes no sense. The only other explanation is shorting, maybe there were some taken out at the 40p region? Even so, they haveto close at some point. I just dont get it. The volumes of sells are just crazy for a share with so little free float.