Beware of those making exaggerated statements designed to get the uninformed to buy-in to push the share price up so they can sell and buy back later at a cheaper price because fund raising for this project may include issue of news shares at a discount. Long term holders are safe.
What is going on here? Buy volume for the day is 19,836,136, and the sell volume is 9,395,919 but yet the share price when down. Is the AIM system dyslexic? For long term share holders its certainly not a problem but for those looking to cash-in on an increase in the short-term might be disappointed.
considering it was higher prior to approval - lots of small punters taking profits - must be further upside.
Thus far: total share trade buy value: 40,714,554.00; total share trade sell value: 43,040,966.00.
My prediction of 30p – 40p for the day appears unlikely. No doubt subdued by SXX imminently having to raise finance which may adversely affect the SP. Perusing potential partners or takeover options may lead to an increase in SP whereas a new issue of huge quantity of shares will certainly cause the SP to decrease. Either way, there will be opportunities to buy at very attractive prices.
Hold on WhightKnight you don't have to take my word for it. But mark my word this is going to appreciate over the next week or so. But on the other hand if it goes against your strategy do what you have to do
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