Will definitely do so after my exams in june- know about overhangs following continuous selling over a period of time but if warrants are exercised esp if not at a discount- i thought that was good news... and even better if its from the BOD own money and not part of salary etc- But what do i know! Still alot to learn
Yay, small top up for me (just £1Kish) taking my total to about 200K shares (yeah I know Im small fry).... probably only medium term though, if it gets back above 2.25 I may sell the same number I just bought except I will sell from my non-isa , just bought into my isa
IMO, massive warrant options at a very low price still unexercised, or in the process of being exercised, act as a massive drag on the SP until they are cleared out of the way, therefore despite massive buying there are plenty of shares still available and therefore the price won't rise much. They are simply a big 'overhang' on the SP until they are finally exercised and sold and out of the way. Suggest you do some reading on warrants/causes of stock overhangs - might be useful to you... Other PIs will correct me if I'm wrong, but I think it's fairly plain that that's what's going on here.
Feel like not letting a sp rise despite relentless buying as we seen yesterday and so far today. Its such a mystery to me in all honesty as with some of my other stocks if we had this amount of buying it would have been 10 odd percent up. Im aware there are a large number of shares in circulation but that to me doesn't tell me why this happens even to shares with a smaller number of shares in circulation. There must be some reasons- anyone got any suggestions? Thanks
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