Haydale PLC

Evolution into channel

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What in December we thought was an end of the down trend, during January and February progressed into a downwards channel.
We hope that this channel is not strong enough and that the price will manage to break it upwards. There was already an attempt a couple of days ago.

On the fundamentals side:

- They managed to control expenses
- New exciting contracts arrived
- Institutional investors increased holdings
- High interest/volatility during last month

We believe that more RNS will arrive in the following days and that the price will manage to exit the downwards channel in the short term.

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