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Nice to see and very positive imo .... :)
Showing again. 150K
They must have had a large buy order in the background that needed filled on the cheap and now they are letting it go.
Now
Thank you MM's for dropping it and allowing me to get more at 8.1
Big buyer still around 109 000 buy just went through
More like give them time to load up.
Moving back up.
Wonder if the 100k buyer is making another move today? Are they over the 3% reporting threshold yet?
Mms bid 7.75p for 200k.
They are trying to stock up again!
Indeed - give them time to acknowledge receipt of the proposal as they have only just begun to return to work after a big festive celebration. Some may still be off.
Attendance usually remains poor on first working day after Eid holidays
While some have already returned, others are making their way back to Dhaka
Definitely applies here.
Https://www.dhakatribune.com/bangladesh/344023/titu-commodity-prices-were-stable-people
Now Nasrul's turn.
That's it MM's - drop it, let us buy more at these discounted prices and then move it up. What an opportunity.
Couldn't help myself.
50K @ 8.1 @ 10:15
Whats going on here then? Can only think they are working off a big sell. Maybe get a few late trades coming on and then bounce back. Facts are facts, and the 100k buyer was happy to pay over 9p just the last trading day and nothing has changed.
Mms closing the markets and only bid for small amounts, so panic sellers taking whatever they do offer.
Talk about volatility.
On friday it was motoring towards 11
Now it's motoring towards mid 7
Would have thought that if MM want to feed the buyer, they would take a sell but can't even sell 25k. Interesting watch though. Let's see where they take it today. Seems to be trending between high 6's and high 10's on flux.
Yep, totally agree mankiniparty, as frustrating as it is to watch, as you say, its always going to get volatile, especially as if we believe we have a buyer in the background and they make every effort to get hold of as many shares as they possibly can... With only 355k shares traded and a drop of nearly 9% tells its own story imo
Facts 👍
It was always going to get more volatile before the go ahead.
The more they want your shares the more volatile the shareprice.
Hold and wait for news.
……. Down on a few hundred thousands.
We’re not fooled ;-D
The market is certainly running out of time.
Tick tock GoB.
Busy with my other (main) stock holding at moment but for my GCM holding I like this from 28th March RNS, 'Politiical and Economic' section -
"All activity is covered under the terms and conditions of its Contract with the Bangladesh Government. Under this Contract, APPROVAL IS ASSURED"
EVERY LATEST DEVELOPMENT SUPPORT THIS!
I do not have many holdings but ones I do are QUALITY ones - Share price target here is well into Triple Digits and think most sensible ones agree with this with Bangla approval we expect immanantly.
🦉
Header says it all guys.
26/7/22 that article-think it's time they sorted themselves out, more relevant today than when published. Really need the headbanging.
I opened another window to see if the latest post was relevant and all the capitals disappeared whether before or after 'post message' I couldn't say but sorry about that.
Good luck to us this week.