It means that people who are fans of technical analysis (Technical analysis - Wikipedia) reckon that the share price should get to 3.50. Worth noting though that views vary on whether technical analysis is effective.
True i personally dont think we will see 3.5 p for a while
Just seen the good news!
What happens if sell rejected, illiquidity issue?
Didnt think we would go back this low tbf
Yes this needs to be resolved!
Im thinking we are probably now looking at a steady climb… on the plus side anyone who wanted to sell out is probably out now
Also looks like i have a bit more time to get to the half mil shares which would be amazing
Not bothered aslomg as it doesnt go below 2.50 just a bit annoying. But agree ones which held for locense probly sold now
Pretty disappointed with today to be honest. This is the news we’ve all been waiting for for such a long time. This was to be the catalyst for the big push up. So the fact that it’s barely gone up at all is pretty sad.
I just hope the price does start to move forward when other news comes out in the coming weeks. Today has been a little bit of a damp squib rather than the big celebration we were all hoping for.
Thank you for the explanation Rod
One last question. Do they think it will go to £3.50 or 3.5p?
I don’t know @Spittake, haven’t seen the analysis (and wouldn’t understand it!) I am sceptical about all price predictions Good luck out there!
3.5 pound would need a ridicules market cap
4 percent for the biggest day in a while
Well as with TM1 we wait 8 months for this news and i wonder if the SP will finish where we started.
Will never go back to them lows tbf
Big sell of post market
Well that was disappointing! However, Recyclus buy out, Tipton permit would be happy news soon!
We kind of had the announcment last week tbf and seen a big rise regarding it. Today was nothing new so maybe thats it
Where are you seeing the after market prices?