Chart - Z1P, page-8703

Well we should hear something soon re. Where exactly the recent large funding is going.

Already obtained decent cash for “expansion” a few months ago.

I would say something significant is on the horizon, highly doubt they wanted 400million just for sh!ts and giggles.

Could be a 200-300million “investment” or, needed to prove a) they could raise that amount effortlessly and/or b) have cash in the bank to gain US listing approval.

Maybe a & b.....

Nevertheless, some decent accumulation going on here, should have dumped back down to 7-7.5 after recent peak but hasn’t. Good signs
Plenty of investors holding & accumulating @6 and above, plenty @7.5 and above & plenty pinned above where we are now.
Can’t see bad news coming this way in the foreseeable future.
No reason to sell unless trading/Lth taking profit.
That’s fine only helps volume & averages up the overall holding value which filters through to individuals, an Lth accumulating is averaging up whilst a more recent investor pinned above here is averaging down but is still above current sp.
Should test that 9.60 this coming week on no news, burst through it on news, no problem.