We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Got alot of stick from blinded bulls at 32/33p when i said its likely to cool off back to 25p
And here we are...
Maybe a bounce to a lower high into end of week
Ultimately i see it back at 20p
I still think there is an overhang. There wasn't enough time to offload the full 3 million shares issued before the final tranche were Issued. I think the big sales we saw were RF trying or maybe required to keep under 3%. Like I said all we really know is they have less than 3%.
In my opinion they are gone - except for the warrants which will be forward sold at a time of their choosing and we will hear via RNS after it is done.
Mathsprof has done a good job of keeping an eye on the numbers (as much as anyone can).
The current fluctuations in price are the Share finding it's level.
IMHO.
I think they will be out by the end of next week. I also predict that today's sells will be reported @26/7p when it lands tomorrow.
Fair point, Potnak.
Aber - I'm always a bit wary of posters using the company name in their moniker.
Exactly Laesar... oh its going down cos Roverfort are selling or alternatively its going up cos there's news soon. In reality nobody had a bloody clue. If this gets back to anywhere near where it was a year agoI will eat my hat.
From Yesterday 10 minutes before the close @31.325p.
Could be RFort getting rid of their last subs.
KR
ZA
HBD .. Careful with LSESAR .. only a couple of posts .. account set up only for one reason ... IMHO it will be a further alias account of our lovely deramping crew ... All Just IMHO - I could be wrong but no. of posts says a lot really
I don't think that is tight HBD. The balance of the RF facility isn't paid back via the sell price they get. It was paid back at the placing price minus a discount. That how sareum knew how many shares to issue to settle. They couldn't do more than 3 million as that would risk a TR1 and maybe there was a clause in the contract to protect sareum in that respect. They are nearly out and have made a nice profit to boot. Still have warrants too. As do other investors. The dillution isn't done yet but hopefully, we won't care as the warrants will be excised on some stocking news.
Lsesar - thanks for your posts. In my opinion, there has been sack loads of evidence of market manipulation with this share. Unfortunately legislative scrutiny has been weakened across the range of public bodies in UK. So a request to the Financial Ombudsman to take a look would seem unlikely to get very far.
That's a good point, Lsesar. The volume does suggest a slowing of selling from RF. All we know is they hold less than 3% of the shares. I think they probably have less than a million to go and will do 250k a day until out. I wonder how many will report from yesterday? Also, the mm's can use this pattern to hide other big trades.
Lsesar - each time RF requested more shares they will have had to provide evidence that they had sold their previously issued shares and the selling price in order to work out how many more shares they were due. The latest RNS more or less tells us RF had been selling their shares at a loss and have now been given a final number to pay off the remaining balance.
You initially seemed quite positive about the share but now you're throwing some doubt in here, hmmmmmm.
I agree with that Nicely.
Causation or Correlation. Will the SP fall because genius says it will or would it fall anyway and genius is using that knowledge to short the stock. With ten of millions 10p shares sloshing around that are 150% in profit, the sp is going to be volotile and I suspect that genius will be proved correct in calling 25p. Personally, I think anything under a pound will eventually make a profit. So the intra day fluctuations are an opportunity to play the game. It's a fun game at times.
Got to call this out, how have people come to the conclusion that riverfront are selling? Do they not have the same investing acumen as most of the people here and are unaware that holding will bring bigger riches? We don’t know 100%, just as we have no idea of what the hnwi have done. It just seems that the go to excuse for all negative price movements are attributed to riverfort. Personal view is most of it is MM “manipulation “, we’ve all seen erratic movements with little to no volume.
Spot on Bigeasy. IG is attempting to create FUD as he knows that RF selling alone will not feed a short position and needs other sells to take it lower.
Hi number of posts are immaterial - read the content. Recent uber ramping on GCM has been a damp squib to date. It doesn't take a genius to work out that, with RF sustained selling, the sp will drop. But how long for? - not too long I would guess.
It is what it is and RF will be clear soon other than for Warrants. Where will it go once we have clear skies?
They wouldn’t attack a comment or statement unless it seemed likely. Time to sit tight.
But like my Peel Hunt suggestion and the link to other shares with Riverfort, when I smell a rat, normally is a good hunch.
After all, as explained previously. I spent best part of a decade in the broking and trading world in the square mile.
Best
BigE
Sog, How would you place a value on a Tyk2 Jak1 inhibitor commencing phase2 clinical trials?
What an exciting prospect!!
In answer …possibly hundreds … take your pick
Why is 20p a good target? Why not 40p?
Why don't you short it then
Nobody can predict a good target. Your view could be 20p but it’s a random number you have come up with no basis.
Cheers I’ve be here along time so I just stick it out until the end
Good luck everyone
So many people have their opinion, or theory about how the SP is reacting will react, one of these opinions or theory's must be right. I wonder which one lol.
Looks to me like people are selling after a multibagging rise
profit taking and derisking
Like i said in earlier posts, nothing wrong with that.
Just part of the patterns and cycles. 20p a good target
Looks to me like an order is/was being worked on the book this morning as there is not enough float available to cover it single handedly, and also they don’t want the price to rise due to their own buying, so spammed a load of fear messages to talk it down and help out their buyer. Must be a mighty important client to them.