RE: Results28 Nov 2020 09:38
There will have been a large number of day traders that bought a few at around 6-8p and they will have panicked at the price drop in the morning and so perpetuated it.
I was pleased with the update, they even managed to pay off a bit of the debt which they didn’t have to . These are difficult times for businesses at the moment and they look on track to build on the momentum. The two COVID tests were a bonus , they could be worth some serious cash. I am very intrigued by this new blood test for cancer, diagnostics is there number one speciality.
My only concern is the share price , at this low valuation they do look vulnerable to being taken out .