platteey schreef op 17 juni 2021 08:20:
Who's driving this manipulation - Every close the UT currency
is GBX then followed by some significant sells in Euro's - they are obviously trying to squeeze the life out of this share - Why Novacyt?
I've had a look at some other stocks - from what I can see NO Algo activity on ODX or Avacta but on Synairgen out of 1347 trades yesterday 540 were influenced by Algo's.
Get the impression that those pesky mm's will push this down towards 3 as we head towards the end of June..
But as we all know the harder you push a spring down the higher it'll spring back...
Don't give the swines the pleasure and panic sell...Remember - It's darkest before the dawn!
In addition to the audited year end results due out we are also not far away now from the H1 update. Last year the Half year results were published on the 13th July so we can probably expect a similar time line.
In the last Financial Year the H1 came in at €72.4 million (£63.3 million) with cash at bank of £ 18m - The share price was £3.20 and the rally started soon after,
I believe that the H1 will come in at north of €140 million (£120 million) with cash at bank north of £ 140m - The share price is currently £ 3.35 not even remotely close to where we should be...
We can quickly see that on confirmation our share price should be materially higher. As a result i continue to add.