You make it sound like the share price is £1.60 and not 16p. The market clearly does not take that view until they officially hear it from the horses mouth. We are all still waiting, why the delay?
Share price a complete cluster fukc. Either another placing or RS shows find is all a figment of AM’s imagination. Why are we at 16p and likely less than that tomorrow. The market has got a whiff of the bad news, whatever it is and we will be the last to know.
RE: Could there be a very large buy order?15 Jun 2022 14:59
No, it's a simple case of too many cheap shares issued (last placing was over subscribed at 20p FFS). You issue all this confetti to non-investors who just want to make a quick buck and this is the result.
Who sells £25K worth at 18p? Can only be placing shares being sold (they would have sold higher as well, so average above 20p). If not, who knows. What a dog of an investment this has turned out to be.
'is a year too much time to get a 50-100% return for most - I would suggest not.' I would suggest Yes it is, as I need a 50% increase in the SP just to break even. Too many cheap over subscribed placing shares has killed the SP. News needs to be mega to get this moving.