This happens before next rise. For those who were in at 70-90, they brought price all the way down o 40-50 then they let it go all the way back to 95p. Same pattern here went all the way to 118p and has been brought down to 83p today. They will now let it go back to 107ish. It's called making a market.
Have not had desired effect nor has analyst ratings, the true value of this company is tenfold of avct, nyct, etc. With revenue due from stem 2021. The only thing I can think is that this is being held down for a takeover. American biotech are watching. The ever increasing free float will be hoovered up. The new shares issued have already been churned 3 fold. I cant see a overhang. Bwtfdik
Why would you need a placing when you have ATM facility and are fully funded. Furthermore company have said thet Stem is not jewel in crown, they could sell stem and easily bring in excess of $1 billion. Regardless the £1 resistance has been impossible to break and this is a long term hold.
What people fail to realise is the extra equity issue has already been churned, furthermore expect the nasdaq to close up which is still currently trading higher than UK and I expect a strong blue day tomorrow. Any one needs their head testing to be out of this over weekend. Chart is on an uptrend consolidation is good.
Dont think warrant holders will be selling, I think they have seen an opportunity, exercised their warrants, sold a few to pay for holding and will hold rest. No risk.
Man, to be honest suprised we did not Gap up to the Nasdaq close. The ATM facility will deter traders due to the fear of constant dilution furthermore the overhang has muted any sp rise and will keep the sp down. If you have done your research you should not be worried. This will rise eventually.
An rns can come any day, however haven't we got results in 3 days? Regardless the community know about Stem plus crown jewel in Tils. Long term hold for me. If I sell any it wont be any thing less than £5. There will be a lot of discussions within the community and I expect a takeover either prior to stem split or a takeover of stem soon after split. However any company looking in my view should try to takeover now with a low ball offer of £5 which values company at £1 billion and if that happens I expect the furore to push sp to £7 and above. Whatever happens the only direction of sp is up up and away.