Oxus Gold plc ("Oxus" or the "Company"), announces that today, 135,134 new ordinary shares of 1p each in the Company were issued and allotted to SP Angel Corporate Finance LLP ("SP Angel"), the Company's Nomad and Broker, in lieu of certain fees due to them for the period from 1 October 2014 to 31 December 2014. The new ordinary shares were issued to SP Angel at the mid-market closing price on 30 September 2014, being 1.85p.
Same with myself taking profits around same level, that's what I remembered 16p, but was not absolutely sure, did not want to overstate so put 12p to 15p, good to know my memories still good, as not getting any younger (draw the old age pension now).
Isn't it simply because someone put a speculative sell order in at 38p the other day and it's sitting on the MM's books, so we're just seeing the full order book spread until the market opens and they can narrow it to nearer the real trading spread - or summat on those lines (I'm not an expert as you can probably tell!)
p.s. What if we suddenly got an award for say, £1/share and his got sold for 38p - bought by an MM no doubt!
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.