As I understand it the rumour is that the market makers can see when an RNS is logged (say for 7am tomorrow) and the title of said RNS. This one signal is supposed to symbolise this (although frankly I think they are far more likely just to speak to each other). The idea is that this allows other market makers to ensure they have enough shares for a price spike/fall. Frankly I think its an old wives tale. Although hoping for no RNS after hours and an RNS first thing tomorrow never the less.
Look at the trades.. Somebody has sold 1 share.. This thought to be a code between market makers .. We will see..
Arminius....being an amateur...can you explain your last email re signal.......what/where is this found ?.......you obviously have insight to more than I have..........hope you are right, because it can only be 'good' news
Not a code.. Somebody just sold half their holding...
1 code shwoing up = RNS coming
Graphite miner feels the graphene glow after management shake-up and worldwide interest StratMin Global Resource’s Loharano mine in southern Madagascar produces top quality, high value flakes of the mineral from which graphene is derived. It is this transparent, mega-strong, material that’s forecast to revolutionise today’s technology. Currently graphite is used to make lubricants, paints and steel products, but markets with higher growth potential are predicted in lithium ion battery, solar energy and fuel cell production. StratMin’s increased output, a new contract with a US graphite trader and more in the pipeline, along with “encouraging” additional exploration results unveiled by the company this month are all indications the company’s turnaround is on track, says managing director Manoli Yannaghas. The company was formed last year after a reverse takeover and Yannaghas, who previously restructured a failing gold mine in Colombia, joined in July 2013 “with a mandate to bring the project to profitability as quickly and economically as possible,” he says. After a root-and-branch overhaul of the mine, which employs 85, the problems of low recoveries and low-grade production, which resulted in a 60 per cent drop in the share price, have been dealt with, he explains. Full production is expected in 2016 along with a £5.6m operating profit. The latest exploration results at a neighbouring deposit could extend the current 10-year life of the mine, say analysts. Other factors in StratMin’s favour include the easy accessibility of Loharono’s surface ore lowering development costs, the relatively clean processes deployed that do not require chemicals to crush deposits, and trends among international traders to seek out consistent, reliable alternative sources beyond traditional ones such as China. “There is a lot of excitement around graphene, as a graphite producer we are definitely feeling the glow,“ says Yannaghas. According to the company Madagascar’s continued political uncertainty has not posed any challenges to its 40-year operating licence, and with a current market cap of around £8 million, “StratMin has yet to be rerated as a producer and we continue to believe it is significantly undervalued,” adds broker Northland Capital
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.