RE: What's going on..23 Nov 2017 11:07
Yes I wish we knew .,some strange goings on. Undoubtedly a good thing that K - C has stayed on , the new board do seem to be somewhat gung-ho so he may be a calming influence . I take some reassurance from the fact that the recent vendors of businesses have taken up shares @ circa 60 and they must have some confidence to do that.
The update that has caused some uncertainty was IMO not too negative they are still having growth and timing issues are not uncommon . Results on the 20th Dec should clarify.
I do however have a cynical view as to what is going on with regard to share trading and suspect the possibility of collusion / manipulation.
The recent rise to 65 was apparently as a direct result of pre- arranged large volume trades in an otherwise illiquid market. The rise probably attracted in new PI's. Then slam bang the update at a very strange time , such trading updates would normally be posted at 7 before the market opens to allow adjustment / judgement and revising of stop losses etc. But no, the RNS at 1545 allowed for a disorderly market adjustment where MM,s probably pocketed shares from unsuspecting recent investors who would rightly feel somewhat aggrieved .
As I have previously pointed out there was a spate of mysterious " 1" trades at the market opening before each of these events . I wonder why ?