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Reflects pure laziness rather than anything sinister. It also creates the impression of massive risk.
The MMs are lazy and unrealistic with the Bid/Offer prices and the reality is that you can buy/sell at much narrower bands. This absence of true pricing causes the issues of misreporting buys as sells and vice versa.
The misreporting is pure logic being applied to reporting the transaction which just says the transaction is closer to the buy/sell price as is being indicated by the MMs.
Kong,
The reporting of trades on here is ridiculous at the best of times, with technology today I see no reason why the reporting is not 100% accurate. Virtually everyday for months, buys are shown as red sells, is it deliberate for sp manipulation, who knows.
Also surprising, is how easy to sell large quantities, so I presume someone wants the shares.
Maybe we will all be astonished by the next update, here's hoping anyway.
I have repeatedly asked Koovs & those around them to suspend the share. I have also written to the FCA asking them to inform the London Stock Exchange to force Koovs into making a statement.
Something is being leaked & I believe this to be market abuse.
Chinner- you're spot on.
The CFO Robert Pursell, the CEO Mary Turner & the Chairman Lord Waheed Alli have stitched up every single shareholder that has ever invested in Koovs.
Peel Hunt had enough.
There is clearly a problem with funding. I have had all my emails & phone calls ignored.
I have told them that if they CARRY ON withholding market sensitive information, I will pass on further information to the FCA. I have already sent proof that Koovs management have mislead shareholders about funding.
They have misled about this funding debacle before & I believe they are misleading again. I am taking legal advice & have already contacted the House of Lords Standards Committee about the behaviour of Lord Waheed Alli in this sorry saga.
I'm sorry to say that I believe they have totally screwed up the funding again.
With funding received, the final quarter of the year has produced "excellent" results, Koovs highlighted, with improvements in trading margin and gross order value up 67% to INR405 million compared to the previous year.
Looking ahead, Koovs said current trading is in line, and the company is on target to deliver market expectations for financial year 2020.
"Building on the success in the last three months of financial 2019 we expect to return to significant full year growth in financial 2020 with a focus on securing a continued improvement in trading margins," said Chief Executive Mary Turner.
Koovs said the recovery experienced in the final three months of the financial year 2019 has continued into the first three months of its current financial year with gross order value more than doubled to GBP4.8 million compared to the first quarter of its financial 2019.
"We are excited about the rest of the year, as we continue to invest in both marketing and our product range," added Chair Alli.
Utter utter disgrace this here now, this is being kept low for some devious reason in my opinion that loyal LTH will be the last to know, you can’t keep having positive RNS and the price keeps dropping, someone is either selling as they know something or they are just soooo fed up with the way this is being run that they just want to be out of here regardless of how much they lose. And if it’s the latter I don’t blame them one bit.