Not long to wait till profit news. The Bid is creeping up which is a good sign. Still massively under the radar here. This has just crossed the upper bollinger line so from a pure chartist perspective is looking like it could get bullish. Coincides nicely with the big news we have on the way. Throw in a strategic partnership RNS for Melijones or a large director buy for the remaining YA shares and this is away. Makes perfect sense to buy out YA just as this is about to set sail. Plus the very purchase of remaining YA shares would be deemed as a huge positive anyway so the share price would rise and with that so would the directors new shares, probably Jan's or Collins.
Could be an interesting day here today indeed, im paying attention. Cant say JN has told us much recently, should be seeing a cracking spike in September. When in September do you see results released m8?
Yesterdays RNS declaring Yorkville had sold approx 66% of their holding within the last 6 months didn't surprise me at all . After the AGM someone sold 17 million in one go at around the 0.25p , I just knew it was Yorkville and all the other largish sell trades that have appeared must have been them . Ironic how you point out FRR were selling 1m blocks since I had Yorkville marked for all slightly above 1m sells from the time they took charge of their shares 7th Feb 2014 .. Now I realise the 1 million sells must have been them too . Their remaining 7.3% holding in XTR as I said yesterday may be under offer for purchase in one block . Why else would XTR issue an RNS since it's only when Yorkville cross the 3% mark that XTR have to announce via RNS a large investor has reduced their holding .. Many thanks for sharing your experience regarding FRR and DDJ associates sale of a vast holding in that company . I've never experienced such a positive sign in a company in all my years as an investor ....... P.S. ........ negotiated buy trades was kicking in at approx 1 million shares per trade most of yesterday afternoon , 300,000 shares at around the time of the RNS .....
I remember when FRR had a RNS confirming that DDJ associates had sold a vast holding directly to market slowly over a few months, the RNS said that the new holding was at a far lower level than before, it gave confidence to the market that conatant selling in 1m blocks was maybe at an end, the day after that RNS the SP climbed 55% in a day. So for me tomorrow could be a buyers day, maybe not, but I have some experience of that holdings RNS thats very good in FRR.
Quite a few paid 0.24 today and that spread is still up. Good news for anyone in as news should be forthcoming in a few weeks. few good days of buying and we could be at a nice level even before that news is delivered.
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