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This has got to be one of the most bizarre situations on the market currently. You suspect that there are all sorts of shenanigans going on behind the scenes. The actual business almost seems like a sideshow in comparison.
Fill your boots at these levels. 8p and above being paid just yesterday, Directors buying huge amounts at these levels.
Even more than when you posted...RNS- another 7519 Argento!
What percentage holding does Miles hold now?
Has anyone got any research notes?
How much do they make per year from the forestry side?
http://www.impactinvestmentnetwork.com/wp-content/uploads/2018/02/Obtala-Impact-Report-Update-2017-Final-1.pdf
SP definitely seems under manipulation at the moment. Once the shackles get released..
They may have dropped the SP for more director buys tomorrow?
We will see.
Good buy in opp.
What a weird (first for me here ) day trading.
Your link is 2 years old. Be nice to see 17p. again, those were the days!!
Any long termers here do you have any info on the forestry side ? http://www.proactiveinvestors.co.uk/companies/news/185263/city-broker-thinks-obtala-shares-are-worth-double-their-current-market-value-185263.html
For cash ? Are they well funded
Blatant anchoring of the share price to allow Miles to corner the preference shares and conclude his deals within a price range. It will only serve to help create the potential for a huge leap forwards once they stop squatting on the ask to facilitate his deals at price imo.
Anyone shed any light or ideas on why they think the Chairman has been loading up recently? What would he be doing that for?
Clearly the counter-party to these transactions doesn;t share the optimism here.
It could be as simple as a bod/shareholder clash/disagreement and a face off.
I'm merely pointing out its not a slam dunk metoric rise job. The chart is created by the director buys & the pi buying on the back of it - so hardly a true "market" analysis tool.
Huge director buys, large volume, chart is looking fantastic!
One of the most followed companies on VOX.
This will smash 10p over the next few days.
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6 connected purchases within a week, and this still is nowhere near it was earlier in the year. Rerate is well overdue!
So much buying going on by CEO and previously other BOD. Pretty hard not to see this rerate.
Sharedeal - I did'nt think your questions could get much shorter but I was wrong.
above 8 today?
No sign of the brakes being applied yet. Let it go, you know you want to.
7.8 - 8.1 now, going to be a good day.
Looks like that's coming.
Back above 8. Be interesting to see if they hold it there for a while or are just going to let it go now. Very controlled at the moment.
Think they will have to let it go soon now is the time to be buying before it takes off.