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….. 😉😉😉😉😉
I believe they're worked sells. Seller continues to offload the placing shares in smaller amounts.
Still plenty to go and anyone watching will know when they're done as the price will be back up to 8p plus in very short order.
Not forgetting of course there will still be those buying around these levels who also know this and many of them will just be in for a quick profit and exit into the rise when it comes.
It’s a weird one, a sell went through 8.01 for £500 @ 5.61 - the 250k trade was a minute later for 5.67, a higher price.
Looking at the spread one would assume it’s a sell - the above logic indicates it’s a buy… one things for sure, mm’s are having a field day in the background.
This happened a couple of days ago - a bit of 'greasing the wheels' maybe. nothing directly realted to us but interesting to note on this visit we announced £12m of funding for humanitarian assistance for Bangladesh as well as a trade policy project. Very generous of us. Hasina, get your purse out love, its your round.
https://www.gov.uk/government/news/boost-to-bilateral-ties-as-uk-indo-pacific-minister-visits-bangladesh
Minister for the Indo-Pacific, Anne-Marie Trevelyan, said
“I’m pleased to be back in Bangladesh with our new trade policy project marking an important step forward towards closer UK-Bangladesh collaboration, boosting our economic ties."
Do we think the 250k is a buy or a sell?🤔
Just interested as there’s been a few at a similar price for a few days now??
The share price will motor once there’s a whiff of an announcement. Could be anytime.
Continuing to build a large position whilst prices remain cheap
Mr Mankini - good example oflevel of discussion by some. Well done for your excellent example of silliness! 👏😏
Have good day - use in research if Economics maybe! 🦉
I'm expecting the approval in May which will mean anyone picking up stock at these levels will be cleaning up.
Upside targets are pretty vast
Just logged in & saw 5 posts to read, something exciting happened?
Nope, 4 filtered posts & 1 from Captain Uber Ramp 😂
Short version - Hasina will have NO choice! (stubborness or any other BB logic will not come into it)!
Header say all & really what points to options available to Bangla Govt.
Yesterday's News - "Bangladesh Miss IMF Fx Conditions - Ask China for 36 BILLION Yuan Loan to Reduce Pressure on Dollar Reserve"
That is massive indicator & not something to ignore if people understand how Govts / Economies work.
IMF put conditions for reasons and this is a loan for 25% of the net reserves needed by end of June - that is huge deficit to make up!
Any lender will have CONDITIONS and this help to make sure foundation in place to be able to service Loan.
Fundamental problem come from high cosr of imported energy - this has NO near term solution or relief.
Only other solution is DOMESTIC Energy production. If this is not followed then crisis worsens - Govt as borrower, IMF & China as lender knows this.
We know Phulbari is the BEST & QUICKEST way to start to address this with key China interest central to this.
We have had short term price dip due to placing issue (which some mischievous posters try to take advantage of) but think all can see how fundamental reason for price Rise still there & only matter if time to push back in.
Think we see that now & with even Stronger indication after Prime Minister Office approach China yesterday for major Loan to prevent IMF conditions default.
Sensible ones will understand - foolish ones will still play 'BB games'.
🦉
Preparing all for the Announcement of Open Pit Mining go ahead by sounds of it!!
Should get feedbackback from Project proposal put forward in April & all signs leading towards go ahead including yesterday News of problems with IMF conditions & going to China for $5 Bn loan to address this.
These are things to look at which point to REAL Developments and not political speech on own (or BB chat).
*Seperate if you really have interest in technical indicators - "The Market is finally giving indication of a BULLISH RESURGENCE"
I will go with background Intel fundamentals which ALL point in investor favour but this is something for ones who play that game of talking about trading lol.
No surprise with expected fundraise out of way, time passed to clear lot of stock & getting back to focus on developing investment picture.
Yesterday IMF crisis point for Fx balance & China loan for bailout was Huge if people understand this things!
🦉
It appears there is only one way out for them… and that’s to approve the construction of the coal mine
The money is there from China Power. GCM are on the cusp of something huge
Https://en.prothomalo.com/amp/story/bangladesh/parliament/iw2du7x6yh
Prime Minister Sheikh Hasina Wednesday said in parliament that the conflicting situation in the Middle East may affect the economy of Bangladesh.
“It can be presumed that the brunt of the conflicting situation in the Middle East may affect the social, political, and economic aspects of Bangladesh as well as the whole world. This conflict may have some effect on the country’s economy,” she said.
She mentioned that if the ongoing crisis in the Middle East gets more concentrated and prolonged, it might impact Bangladesh economically. “The government will take necessary measures in this regard,” she said.
Taka rate devalued, inflation sky high, IMF target missed, billions provided in loans as bailout, economy on the brink…
Https://finimize.com/content/bangladesh-tightens-monetary-policies-amid-economic-strain
....she is stalling as usual and spinning out the idea that Bangladesh should wait before committing to a project. She has neither the drive or skill to manage a project of this scale so she is looking at any excuse to delay Phulbari.
The good news is that she is up to her elbows in debt and as we saw earlier, wiggle room is diminishing fast
And that right there is an example of the fine standard of posts here.
Thick.
Forget about a balanced, fair and realistic view here @professional.
The responses to my posts today have in the most part been pathetic.
Just hope hope hope, blinkers on, confirmation bias overload.
She said, "We have to make the development of our country in such a way that our ability could increase and dependency on others could decrease."
As said. People do not like a balanced view...and than try to dismiss it by making things up ...
Makes them happier but not richer.
See you tomorrow for a new trading day
Is MP Hasina saying this so she can now justify giving the green light to Phulbari ??
PM Hasina said, "We have to make the development of our country in such a way that our ability could increase and dependency on others could decrease."
Prime Minister Sheikh Hasina on Tuesday asked the authorities concerned to assess economic possibilities and benefit first before taking any development project.
"Before taking any development project with huge investment, we should first think about how many people will be benefited by the project and what will be its economic prospects," she said.
https://www.thefinancetoday.net/article/national/24647/Evaluate-economic-prospect-before-taking-dev-projects
Looks like they are going to need more coal soon :)
More debt on importing for the moment at least!!!
“The unit is now undergoing test run which is expected to be completed during the current month, he said.
"So we shall go to commercial operation in the next month of June," Abul Kalam Azad said.”
https://www.observerbd.com/news.php?id=471627
Ask him about the IP Addresses hecsays he has of everyone on the MATD board! 😂😂
I can understand why wise owl! Lol
Professional Liar's biggest lie today was - 'I am.here to make money. Simple. I do it by trading: simple'
Well his post history shows all of the shares he has promoted are all in the red. Whilst the 1 share he's spread negativity on is 800% up ytd! So it's hard to believe he makes money at all! Lol