Can this recent selling not simply be explained by sanderson capital partners offloading their shares they took as part of the arrangement fee. Sanderson are not investors and are simply there to make a return on their loan. They certainly won't hold onto those shares.
the reducing share price over past weeks has coincided with a dreadful run on AIM. Anyone who holds a basket of aim commodity stocks will know what I am on about!
bounces tend to coincide with aim doing better - I am extremely hopeful of a decent first quarter - frankly can't get much worse for commodity markets at the moment,
I think the Christmas sales are coming to an end.
I must be the only one totally unfussed by the drop over last couple of weeks. It happened at exactly the same time as virtually all aim commodity stocks fell. Virtually everything has been hammered on v low volume. MMs seem to be trying to create liquidity by continually dropping prices which is simply having the effect of stalling buying in the hope of getting in even cheaper. We know roughly when significant news is due and no doubt interest will massively increase. It would help if market sentiment improved though. In my years of investing I have never experienced such an awful time for commodity shares.