yes, the 2000 litres per day of sanitizer is a completely new business which will bring in regular large revenues. This was not even part of the business until a few weeks ago. Now they stand to bag at least £1m per yr from it.
Add to that the Covid-19 fast test and the SP should be north of £1. Only 13m shares in free float so I have no idea where these sells are coming from. It simply cannot be much longer before we move north imo.
if the mms dont get some stock soon they will have to let it go blue. IMO it will then go back up as quick as it came down. If Norris is selling he has a chance now to do so. I think he is done.
Personally I think we have reached the bottom and we will start to recover from here. I just cant see where many more sells are going to come from. Over 20m traded in the last 7 or 8 sessions and only 13m in free float.
and there you have it again a 30,284 delayed buy, only 25k more sells than buys and down 11% ? Weak holders are having their shares shaken out of them. Simple as that.
This morning so far there are just 30,000 more sells than buys and they drop it 10%. Yesterday there were approx 300,000 more buys than sells and we only got a small rise. Go figure. It will go up quickly with some buying.
GREAT SPOT, It looks like he has taken his own holding down to 2m and his indirect holding is at 972.385. Now maybe he is reducing his indrect holding. If so that will almost certainly be done now.