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Tbf it dos look bettr technicaly. vol up, MAs crossing up, SP up, rsi up, stoch up and not overbaught...
intrestin. u talk of rebuyin/addin bt all i see is sells. only buy today was fr a few hundred quid and i tested the quote to check...
first its 17p entry and now its a big buyer. deramp when ur out, ramp when ur in...
as i said earlier, once watever is lurkin in the background (cash requirement is the key question even by longterm holders like MM) is out in the open the SP can move on.
Lookin to possibly get envolved in PHE. At this level it looks to hav decent support in a positive fwd looking sector. i hav one question though seems to be hard to get to the bottom of.
Whats the current cash position? (some aweful raises have come over the past months and dilution is always a fear)
From what i can see as of 10/2021 they reported losses on revenue (no suprise) and a £10m cash position. Does anyone have a estimated cash burn based on there planned activity or an estimate as to where they are now, how long it will last and measures in place for the future?