Its all about supply and demand .When this start moving up you wont be able to buy for toffee and on news it will move quick Mr Magic knows the game just plays some games on the boards . Up to this last week or so it has been hard to purchase any volume of these without paying 10% over the ask or NT . MMs having a little fun now tempting exactly what Magic is talking about trying to get sells as people wory they cant sell .When it moves it will shift IMO and we just need the EMC RNS and it will be all systems go . LED have changed direction getting rid of loss making KEPU interests and the costs associated with it but but still a % holding for the manufacturing side as far as i read .Pressure is on LED suppliers and manufacturers so the EMC model is a great way to move hence Chan putting his money up and taking a bigger stake. Think ive stated before since flotation no one investor has sold any stake apart from the transfer at all in at way way above todays price im holding these and i mean 1p is my minimum really think we will see 1.5-2p at some point
Understand all that, but, if there are so few shares, then IF this does hit 1p, how are you going to sell them? You'll be forced to do open fill/kills / best price deals and I would guess much of the profit would be leached from you at that point.
Today I can only sell 25,000 of these (at 0.32p), a mere £80's worth. That is frankly absurd for a penny share !!! And yet. . . They will happily let me buy 500,000 of these (also at 0.32p) !!!!! In short, easy as hell to buy, very difficult to then sell. If the SP did rise to 1p just think how many transactions you'd have to do a 25K shares a pop to get anything decent out. Seems wrong to me.
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