west didsblue
Well-Known Member
- Joined
- 2 Oct 2011
- Messages
- 32,410
RNS out an hour before close referring back to the interim results two weeks ago so no new news. Share price rise purely based on media reports over the weekend. Goes to show that sometimes the release of positive news isn't always immediately picked up and doing a bit of research can pay dividends. Not that I can claim credit for realising what was going on as I already had them.On another subject, I speculatively bought SCLP last April for about 9p. They've been doing alright at around 14p until today when they briefly doubled in price following media coverage over the weekend of a potential breakthrough in a Covid vaccine that covers all possible mutations. There was no RNS this morning so the price has fallen back to 20p (up 50% on the day). Missed the chance of selling at 28p so will hold, although tempted to sell half. If there is an RNS which backs up the media coverage it could shoot up again.
Ended the day up 53%.