During September, investors in Supply@Me Capital become well-accustomed to news of progress that the company was making.
This included announcements on alliances, an inventory funding update, a captive bank acquisition, a response to a third-party forecast and more.
The share price of Supply@ME was also particularly volatile at this time as traders pounced on anticipation of announcements and sold swiftly after.
However so far in October the only notable RNS has been that it has changed its auditor to Crowe U.K. LLP. Its share price has also reflected this – showing far less volatility than during September.
Today, the company took to Twitter to explain why it has gone a little quiet recently as it reassured investors that it is still progressing:
Dear investors, no RNSs doesn’t mean the business is not progressing as planned. #SYME just changed its communication strategy pursuant to regulation. Stay tuned and trust in the unique and innovative “on air” service model in the market.