RE: High Volume Week1 Dec 2019 00:41
Hi Woodie, trust, let's hope I am right, the 50 trades started just after the seplat article, ie, lot of initial investors are sitting on losses and need out, however this needs to be at a price above 10p. They want us to be taken over, in order for that to happen, seplat, eland or whoever need our shares, therefore they need price higher for us to sell, or they are transferring some of their shares across. At the same time our ceo wants to keep control so he needs to get this deal signed as quickly as possible in order for sp to rise and get rid of these initial investors, either way I think we will see some volume and a significant rise. Let's hope we have a good xmas windfall. 6p has been a resistance for too long it needs breaking and we will pop.