RE: MCap still less than £24m29 Jul 2022 19:49
Well that told me :-))
I should have been less ambiguous.
There are different scenarios.
With 180 million shares not in play, there is the potential for those to come into play, that will happen through the MMs, they will bide their time when this happens.
However there are still 1.23 BILLION shares in play.
This is a colossal number, and part of the reason for the low price. That the MMs were caught for a time with no stock, highlights not buying in first 15 minutes of play.
Also your own observation at 08:26
Volume:
Buys 1,480,636
Sells 66,323 speaks volumes.
The day ended down.