Was this a tree shake and small investor overreaction to it? Down 30% at one point...
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Was this a tree shake and small investor overreaction to it? Down 30% at one point...
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Not sure. I don't have a position but had it on my watchlist and have been watching it over the past month or so. I can only assume it was a treeshake (?), or maybe an RNS will be issued. Fall looks overdone based on no news, but this is AIM after all.
Thanks for the reply. It was my first trade and a bit of a tough learning experience. There was no RNS and it seemed to have been started by a 10k sell off. The price was recovering but has dropped back again...
Sorry to hear it was your first trade, but you'll learn that things like this can and do happen on AIM which has a very light 'touch' when it comes to regulation. I'm a bit annoyed that I missed the drop first thing this morning, as I was hoping to buy some stock, as I've had it on my watchlist over the last month. Guess I'll just have to wait a little longer.