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And still more big trades being managed through.
22-Dec-21 12:32:11 13.00 200,000 Unknown* 26.00k O
22-Dec-21 12:32:19 13.35 250,000 Unknown* 33.38k O
22-Dec-21 12:45:34 13.35 250,000 Unknown* 33.38k O
22-Dec-21 12:52:08 13.00 200,000 Unknown* 26.00k O
22-Dec-21 13:30:18 13.00 1,000,000 Unknown* 130.00k O
22-Dec-21 12:54:17 13.35 200,000 Unknown* 26.70k O
Interesting pre-Christmas sales going on today!
Mixture of buys n sells I think.
Same happened today elsewhere as well, including FinnCap, another of my underpriced underpants holdings!!!!
Recent Share Trades for Eenergy Group (EAAS)
Date Time Trade Prc Volume Buy/Sell Value
21-Dec-21 16:29:55 13.35 200,000 Unknown* 26.70k O
21-Dec-21 16:20:39 12.94 200,000 Unknown* 25.88k O
22-Dec-21 16:50:26 12.987 750,000 Unknown* 97.40k O
22-Dec-21 16:48:44 12.987 750,000 Sell* 97.40k O
Hey thanks EoB, happy to join the conversation! It’s true, MM will be affecting the SP to a degree. Let’s just hope for some more solid good news, a good rise on the week and hopefully before too long some Sunday newspaper tips! :-)
It’s actually really fab that there are new, sensible posters on here who share my medium/long term optimism for eEnergy.
One more thing to add before the share price drops by another 7% by 9am again (!) … before inevitably recovering to -1% by 4.30pm again (!) …
In recent months I’ve joined the online presentations of several of my holdings. I asked eEnergy and FinnCap the same question about why their SP seems so pitifully undervalued as it’s been a real frustration. I can’t remember which one actually replied by saying that MMs were definitely keeping the price artificially low.
I’d be interested in AdeleK’s view of FinnCap btw. Not only profitable but dividend paying (should please someone on here!!) and another really strong revenue grower with tons of cash to boot. But alarmingly undervalued IMO. Not only that, they’ve stated that this will be used to maintain dividends in future should profitability reduce for any reason. I keep topping up there … and it’s another really, eerily quiet MB both on here and ADVFN. Interesting at least. Not a recommendation btw!!
Neither is my investment in Open Orphan … which has just been … **** (thus far!) despite now being in profit.
AdeleK,
Top marks for that reply, thanks for sharing your insight. I too thought the support wouldn’t be far below 15p. I guess those negative macro drivers you mention are playing a part in weighing the SP, but I would have expected ‘smart money’ being drawn to little gems like EAAS playing a part in the positive macro drivers towards a NetZero world.
Eyes of blue - thanks for the reply, yes perhaps you’re right. Maybe it’s a fear of further placing to fund? The the strategy is clear on ‘buy and build’
Agree the SP drop is/seems ludicrous. I’m also continuing to top up each time the price dips. Ie daily at the moment. The placing to fund the latest acquisition was the last straw for some it seems. Impatient b@ggers! Agree with everything AdeleK says btw.
Hi Gooders
I have to put my trading hat on to reply but we are officially oversold on the long term trend now, and clearly oversold on the short timeframes. The stock was overbought for some time, and once the 50 day MA crossed the shorter averages in mid September it was a question of how much the price would correct. It has dropped below the long term mean average of 13.5p, which isn’t surprising but if it doesn’t bounce back soon that would be very strange.
The SP should have found more support at around 15p (huge spike in buying volume there, in early October) but it continued to fall, probably because of more macro concerns that have nothing to do with EAAS. Add the recent silliness over variants, etc. and sellers have probably panic sold either for cash or for other stocks currently climbing. This, for me, is a wonderful opportunity to buy that fear. Others would say you don’t catch a falling knife…
I daren’t predict but, assuming the entire market doesn’t crash I will be surprised if we haven’t at least returned to the mean by Christmas. NFA yada yada yada.
Baffled by this heavy downward trend. Wonder where the support level will be?