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I think we may get an RNS in the next couple of weeks….but be prepared to wait. As we can see from this RNS from last year, sometimes there is a delay.
“ Whilst the Company has been advised by the Arranger that it has now concluded its due diligence in respect of the Financing, Arranger Credit Committee consideration of the Financing has been delayed due to local Eid celebrations and is not expected to be held prior to 28 April 2023. With Arranger Credit Committee consideration of the Financing re-scheduled, the parties continue to work in good faith in advancing the Financing and further announcements will be made, as appropriate in due course.”
... quel surprise.
Peaky Blinders ….13:25:52 0.9955 1,000,000 Buy* 9,955 O
21-Mar-24 13:22:37 0.994 2,237,932 Buy* 22.25k O
Magic Horse is SOUND - BUY BUY BUY
Family and friends and friends of friends are buying in.its clear to see...why all of sudden a buying surge...rns is getting closer and closer
Agreed, good volume if we consider the daily average of late but 23M shares exchanged (or approx £200k) is not like a leak that as awaken people in the know. And obviously there were not all buys. In my opinion, each day that passes by is a day closer to the expected RNS, tomorrow being Friday, some think that we will get one. And I would not be on not being the case.
I tend to agree.
Today's trading volume at just over 25M shares, was 7 to 10 times the normal volume.
This must signal something is imminent, an RNS or at least a Company statement on the activity.
This adds a bit of spice to tomorrow morning :)
But something is going on.
too many million + buys to be a coincidence.
Fair enough Kylie.
Would like to think it is the start of a bit of a bounce, but could go either way.
I'm pretty sure kyie would feel better if there was no volume, except maybe sells 😊
but even then I think he'd still be a miserable s0d
Ok, whatever suits you eric, but 1.2% of volume trading in a day isn't considered by anyone even vaguely aware of trading & markets as MASSIVE, but if it makes you feel better, you think that.
Eric, it's not massive for SOU. It's certainly above avg, fully agree. There have been 12 days in the last 9 months with daily volumes over 20m for example. If more than 30m trade today which is possible, it will be the largest day in 6 months.
23.5 million volume is massive for Sound.
The buys keep coming…..looks like one way or another we will get the RNS. And let’s face it with the amount of buys today we may have someone starting to take a stake.
Fair point, I misread 1.05 as 1.005
So another 5 1/2 mil buys 😊
glad you're watching closely, wonder why? 😊
They weren't sells.
Another 5m just bought in three cips @ 105, looks like sells but they weren't. my previous comment stands, volume reasonable today but a steadfast seller still. people taking positions it seems. could the seller be part of an upcoming funding round? would be about the 20th time SOU have shafted SHs this way? Mmmmm
Kylie,
are you not more concerned that there has just been 5 1/2 million sells at bid and the price didn't drop?
Hi Kylie
Yep your are right. But I am long in the tooth enough to recognise that AIM share trading is not always reflected in the daily movement…..read between the lines
Eric, are you not more concerned by relatively the large amount of buying for this stock today (16-15m) and the fact the pirce has barely moved? There's a size persistent seller who isn't getting too cute on backing up their offers. That would make me think twice about magical re-rates as wished for by pescado/soundboy/adam poster etc.
And still buying
Another 500k
Level 2 now more buy order number and more volume.
My guess we will some more MM move up on small amounts of volume. There is not many shares about.
It’s all about the timing. At least that’s what Mrs St Mary says.
That Kylie has been holding out on us, bought in big today I see.
Another Million buy. Looks like a bit of a pattern.
Obviously still pretty low volume, but an interesting change of pace.
Leak? Who knows, but we will find out soon enough.
Now 16 million volume
Vast majority of it buys.
MM moving up on Level 2……might be a signal….hopefully
Another 2 million plus buy and taken out some of the sell orders