It's simple logic that a share price falls when there is more demand for selling than there is for buying. Likewise in reverse. This is why a share price rises quickly on good news or plummets on bad. It doesn't take a genius to work that out.
Was that 14053 buy at 14:54 and sell 10 minutes later for a loss you trying to "walk" it down? :)
Right, so who is "walking" this down, why and how? Simple fact is, not many people are buying it and more people are selling. So the price drops. That's how the market works.
That presentation is 4 years old... Very little progress made in that time on IM. I can see why investors who csme onboard years ago for that are unhappy.
The market seems to be pricing us as going bust again, just like before FSS. Share price is back to where it was in July when we won the M55 contract. It makes no sense. I think the market will be happier once the finance is sorted.
jfk9, what makes you think there will be no more news before May? We are expecting finance to be sorted in early Q2, and could get more contract news as May will mark 6 months since JW said large contracts are due in the next couple of quarters.
Unfortunately oil and gas dropping isn't leading to this being passed on to customers. Wholesale gas dropped today to a level not been seen since August 2021 and yet we're meant to be celebrating energy prices being capped at £2500 instead of the £3000+ the energy companies were due to set it at. Same with oil. It is now well below where it was at the start of the Ukraine war and we've had 6p off in duty yet prices at the pumps are still sky high. I think inflation will come down but not that fast, as energy companies continue to make record profits at our expense.