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I've given up checking since I'm reminded how I got played like a chump. Shoulda, woulda, coulda.
Seeing a fat minus position by my own making is not nice. But that said thanks to this chat I have learnt a lot about the stuff that goes on beyond the numbers.
It's a long game for me. I wonder where this could be in a year's time. Predictions anyone?
4 Trading Days to go, then we will all know where we stand and what the shares are worth.
MMs working hard to shake out shares and fill some chunky buys which they are delaying and then showing as sells due to them moving the spread. Hold your nerve.
Yep, looks like I'm the same. No way I'm selling up at these prices, let's hope for enough price action on the HKEX to offset the fees and hassle...
Tried to buy Really small £30 tried £2k neither could be filled...
Good or bad I’m not sure... however my thoughts are someone is mopping these up.
I hope you are right... every time I think “that is cheap I’m topping up” it heads down!... I‘m so glad I haven’t put a stop loss on this as I nearly did and the MM’s would have my Shares!
I’m going to Hong Kong and riding the Tiger whatever now, as at 4pm it’s done for me and anyone on HL...GL GL everyone! (PS just don’t look at your holding for a bit)
TOday so far there has been £6.6k of buys and 6.7k sell. Firstly this is now tiny amounts being traded so more in line with idea that those forced to sell are probably out. However MMs are taking full advantage of the 11% spread and now offering only 5.5 BID. If topmoney is right and allotment update will happen tomorrow then i hope that settles the nerves. I did look through other recent IPOs on HK and all of them for at least 3 days after the closing date so that is normal and all the ones i looked at were "substantially oversubscribed". that might be just because those getting allotment results were those that were successful but certainly it would be nice if tomorrow we get the allotment outcome.
Looks like market makers are penalising any holders being forced to sell. Dropped the bid to 5.5p
If this drops more today I for one will be filling my boots
The days are ticking by to the 14th and 15th July which will see the end of one era and the beginning of another. If the opening price is solid this should be a strong performer in HK. Even if it’s at the lower end it will perform well as the company sells itself to its local market place. Some project updates must be there to boost the confidence when the times right. A couple of really good elements at play, as the share certificates will take a few weeks to come through before anyone can sell after the 15th it might show investors growth in the SP as it lands in HK before any early profits are taken by UK PI’s. The problem this week is people getting out before the deadline of the 14th due to trading concerns over in HK. Anyone taking the plunge to stay with it should easily see the share price go from strength to strength after what will hopefully be a buoyant reception in HK & China. As this week goes on we should see the sells vanish and these larger buys take over into the upside swing created by the Gap up to 10.3-13.4p on Tuesday next week. GLA