There was a run up in the shares last year at the same time too. This feels different to me. Whilst I don't discount that there will be positive news this week, in fact I expect that there will be, the move up in the shares just seems a return to the level (circa 38c) Longtable seemed happy with prior to the pulldown of the past several weeks. Remember, the share price is still miles away from its asset value, to say nothing of any performance/outperformance in terms of the business. There are also not many shares on issue post-consolidation. In my opinion, baring a disaster, this share price is ready to rocket.
LON Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held