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Market makers backing off on the ask.
Great to see the buying continue this morning with 8.50 being paid ;)
Off into a meeting now, so if you could get to 9p by lunchtime it would be much appreciated :)
Up days to come. The silent buyer is no longer that quiet. It’s deafening lol.
I can sell £10,000@8.15 but can’t get a bid to buy £1000
Interesting. They clearly want sellers and are trying to hold it back. This could explode
Https://www.aljazeera.com/opinions/2024/1/4/bangladesh-elections-mark-a-pro-china-tipping-point-in-south-asia
https://global.chinadaily.com.cn/a/202310/23/WS6536137da31090682a5ea2b3.html
https://en.prothomalo.com/bangladesh/1c8pdcwmy8
https://www.yicaiglobal.com/news/powerchina-unit-to-design-coal-mine-in-bangladesh-for-usd9698-million
Think people will be VERY lucky to pick up much stock in the 8p range this morning
*Forward selling likely already happen before funding announcemen (as we did note) & also very strong Buying support.
Header say all & now with clear path ahead to FOCUS on Economic / Political Developments with Energy Meeting on 21st April most near term one.
No more uncertainty / holding back investment base on Funding announcement coming - IT HAS COME & BEEN WELL RECEIVED!
IMy main holding is other company many aware of (lol) but I increase my Holding here yesterday on Market open by 15% - very easy Investment decision for me.
LIMITED SHARES IN ISSUE - Still valid
REDUCING FREE FLOAT - Still valid (with forward selling activity likely)
*Last time warrants exercised 2nd April RNS price rise after / last fund raise 26th Jan price rise after
We now Fully Funded for next 16 months & ready for BIGGEST Price Push in all of Aim imo.
Buy or not - we see plenty of failed traders here who keep turning up on BB!
🦉
That is wrong.
Before Tangs time at GCM they were offered £1.75 by Polo which they declined
Correct me if I’m wrong but Tang apparently declined offers of around £6-7 a share many years ago, so it’s never going to be cheap when it’s this close to approval!
Surely it would be far cheaper for the chinese to buy the whole company if they are injecting so much capital!
Thanks for the answer.I struggle to understand then why the chinese don’t just buy us out now while we are incredibly cheap ! Any comments as to why not?
That is interesting Professional.
When I have been brought inside on placings I am read the standard warning that it is illegal to deal in the share in question
Jamess is here airing his frustration from asos holding, down another 3% - he bought in @ over 900p and is drowning. Thank you for the laughs as usual…you never disappoint jamess!!
Can all you silly billys post on a different thread .
At least I can see eight posters to ignore is my only gain here today.
I don't normally reply to crack smokers, but on this occasion I will.
Jamesss, accept it, You've been rumbled. We are all here to make money agreed?
But I think you are a little bit deluded and too immature to be spending money on stocks and shares.
I wish you the very best. :-)
Tbf Jamesss, none of know the reason. It will only become clear in hindsight. I just go by the cold hard facts in RNSs and try and avoid the noise.
Overall I’m happy we now have 16 months of funding at not an awful placing discount. Only time will tell!
'Didn't you miss out on £100k order at 3pence Jimbob?'
Lol he didn't really miss out Lifesgoody as he claimed he placed the order for 3p when gcm was 9p.
Of course, he never actually placed the order, he was just trying to spread doubt and mislead gcm shareholders. However just like on all his other investments, he failed miserably and called it wrong. :)
Jamesss @ 19:53 - ''LG you are indeed thick''
jamesss, where you looking yourself in the mirror when you said that?
You've been nothing but thick from the go.
Depends on what % is retained in the proposal submitted soon .
i doubt it will be 100 % GP
but even i can see at 25% of the project retained that will be well ove 1.50
Didn't you miss out on £100k order at 3pence Jimbob?
Looking at the other shares you are invested in, I don't think you're in a position or indeed qualified to give individuals financial advice. Lol
Ha ha ha ha what boat has left guys?
Sitting at 8p and what?
There's a boat incoming with a shed load of extra shares.
Why would Tang issue shares days before the supposed announcement and diddle himself?
Why?
Not exactly the talented Mr Ripley are you?
Have you seen how well this held up today.
Move on Ripley move on.