your are right about the Aktie being a bit weird. It took me a long time to work out how it operates. There can be 10 pages of buys @ say 0.5 followed by one tiny sale @ 0.4 and the SP moves to 0.4. Makes it very difficult to see track of what is happenings as they don't list buys & sells, just trades. It also makes it very easy for the MMs to manipulate the SP.
Theres been a lot of talk about what is happening with BEM and I have for some time been of the opinion that the Swedish government are delaying the issue of our permit until the majority of the BEM shares have migrated over there. If that is the case then I'm happy to wait a while because the transfer of so many millions of shares will tighten up our market and hopefully we'll get a bigger spike when we finally get our permit.
Meanwhile I just keep buying on the dips. I would be happy if the delay went onto the end of our tax year so that I can bang another 30k of BEM shares into our ISAs.
I hope I'm right about BEM as my wife and I now hold over 8 million shares between us. I might be a trifle upset if the permit were to be refused but I can't see a scenario where that could happen now that so many shares are in Swedish hands and they will soon had the majority of the shares.
William Morrison. Sold the lot at 50% profit in 3 months. Even made some money last week on a mining company - Glencore. Ha ha. It can be done. Don't care if I lose the lot here now. Covered my losses several times over. Just using BEM for sport...
from the last placing that was a while ago am i missing something.. i'm looking to reinvest but there seems to be a lot of stock available at this level - no price push up for larger quants a bit worrying.. I'm hovering on buy at the moment..
Can't remember who it was that explained it, probably GruvGunnar, but as I recall the Aktie doesn't work in the same way as AIM, although at the end of the day it is a place for buying and selling shares. As I see it, each trade is both a buy and a sell. The market fluctuates to the locate the price point at which the most deals can be done.
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