They could raise the money above this price, that is what happened with my CWV when the price was at 6 pence then kept rising as they were gonna raise money above the market price. They rose up to 7 pence too, then stayed their for a few days then went up to 11 pence and then onto 18 pence. Similar pattern developing here and it could be that they will be raising money much higher than what the current price is hence the price should continue to rise to 11 pence next week then could even get to 18 pence.
A very strong buy. Delayed trades that came through were small fry selling in 20,000 lots, bigger fish will be adding on Monday.
What you will see on Monday is just a few buys at 7 pence and they will put the offer to 7.5 pence and then continue its climb over the week. It was friday today, small peeps were selling lowly amounts and the MMs decide to gather stock. As a curiosity, CWV was like that too at 7 pence, then went to 6 pence and then went to 11 pence.
There is more happening behind the scenes and just like my CWV, trades might not even make a big difference, but the upside is going to be huge over the coming weeks.
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