Question to anyone who knows, what are rules relating to share price movements.
As it is such a large 2 day rally, never mind the prolonged fall that precipitated it, will AMU have to make an announcement. If they do they may well bring forward their trading update or at least advise as to when it is likely to be issued.
My thoughts for what they are worth is the same as yesterday and previously in that it is an illiquid share and if there is a shortage of buyers it will go down hard, long and overshoot but the same applies in reverse ie if their is a shortage of sellers it will go up hard, long and overshoot.
Trades today totalled only about £45k(unless there is something in the background etc, etc)but added £7 mill to the companies value.
It will be interesting to see what happens Tuesday when a few more people are back at their desks.
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