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Cheers Countingcards,
Good to have you back.
You weren't asking for much there tbh and the delay bit got to me. I emailed them about it in time but yh, Hope is all that's left.
I need these Bangkok Bad Boys to do something.
Milli for the record, I discussed this one RLD with our certain wealthy investor, and they said it was 'interesting' although would be better to be in a decision making position rather than on the outside as a simple investor!! Thank your lucky stars then they are not a shareholder or on the board, as we would have to wait till the 2030!!
A_milli sorry taken a while to reply my friend. Thank you for the kind words. I have had a rethink and will try and limit posting and not completely stop.
Its saddens me to hear your situation as it almost reflects my own. I did the sensible thing to take all my own cash out of the other investment and held for free. However what was taken has now practically all been used up as I rely on investment income alone, and I have had to sadly scale back 50% of my holding here as well as the news that the other one is no longer Tax free and still another date has been missed. To lose ISA eligibility and also not have a bank role to invest in one of the most amazing times in our history is painful to observe, and to see 9 of the 22 on my monitor now go up over 100% is adding injury to insult. I have made my feelings known to a certain investor we all relied on. I certainly will not be investing with them again if they ring and peddle me in future, not because they are dishonest because they are not. I simply do not trust their time management. Its awful and my own choices are proving just as good but without as you say any golf balls to play with. To think the other one is suspended at 0.023p and my target to life changing for me and my lads after the pain we have gone through over a decade is a simple 0.08p, just a simple 6th hundredth of a penny, and it just does not come. That 0.08p will finally close of a chapter and we can begin a new one and yet day after day you remain calm, and to have the ISA protection removed is just another kick in the teeth because now on any profits it will be eaten into. So you can imagine for me anything above the figure quoted would be simply another dimension. It was all set up and nothing could have gone wrong, but yet men in suits who pretend to think they are business savvy again screw up for the very people they are suppose to be helping. Milli believe me when I say a 4 year old could have completed the task yet one with great wealth cannot get it over the line! Yet we remain strong and we remain focused on beyond the target as and when it the other one finally decides to return.
I'm back in, this was a buy, look at the surrounding trades, sells were .28 you would not get a price of .30 for a sell of that size.
Hang in there Countingcards,
It's painful, especially watching so many missed opportunities that won't return. It should have happened ages ago, keep in mind who originally put sand in the fire, our pal Peter.
I now believe the Doctor is in charge, and you know anything bio takes a while longer. No kidding mate, because of all that, I have had nothing to use over this period. I feel like a golfer, on a golf course with no balls (my balls are just fine btw).
Hang in there, take a breather and I HOPE you change your mind, your knowledge and contributions have always been appreciated by all.
A_Milli
Right now i would understand impatient sellers who bough at the bottom, but whoever is buying now is for the RTO, it really feels like as safe as this things go.
There we go, not so gloomy start today. Agree with CC. Hope you stick around, saw another post of yours saying you’re leaving LSE.
Cheers Countingcards,
That will justify to an extent, the drop.
Let's see how this plays out.
Milli
I am going to say it was a sell. I know someone was testing the system from Friday and they could not sell at 0.3p. Basically it would mean someone must have jammed the system with something big. This went on into Monday as well. Then on Tuesday they dropped like a stone and today again. Now they reveal a 14m trade at 0.3p. That was the sell price that was not being met on all those days it was tested because this sell was in the way. Now its gone, as its been eaten the price should in theory adjust back upwards in the next day or two depending on how many buyers willing to take the plunge.
It's a buy Prop5. Have a look at the trades.
The sell before it was at 16:10 @ 0.2839
The Buy would follow at 16:25 @ 0.30
They have been dropping the price on small sells in the face of large buys.
Last two weeks saw this happen repeatedly.
One trade around £14,000 @ 0.35
Next two sells of a few measly 100 @ 0.30
Sp dropped and stayed down 10% that day
Buys dwarfed the sells by a good £40,000 thereabouts.
It's a buy and there may have been more of similar size today. Tomorrow close will clarify and rightly peoples stop losses may be part of it.
Till tomorrow
I do feel a lot of stop losses have been hit here..
just can’t understand it dropping on a buy that size
Are we sure it’s a buy??
Surely it would rise on a buy not drop..
So the mm's literally dropped the SP like a bloody stone today to create panic sales to fulfil an order and make loads for themselves in doing so.... Any thoughts?
Damn, might have to buy back in to this. But why the F$#@ is the price dropping so much. This purchase was at .30 its now at .23
But wait.....
That's trade was from 02 June, that's yesterdays close.
And they dropped it like this today.
Mirrors what happened last time £20,000 was bought, they dropped 10% to 0.30.
Was more of similar size bought today, that will show up tomorrow?
I came here to invest not solve puzzles.
JMAnder, you said massive buy before "suspension"?
Suspension or close of play today?
That Buy alone swallows yesterdays and today's sells with icing on top.
Another TR1?
RTO target announcement , AGM incoming?
JMAnder, stampede would be nice to see.
Regardless, promising against a terrible week so far.