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Someone is buying , and happy to pay.
Might be interesting this afternoon.
Red,good point they maybe just doing that atm
This just keeps going up an up...
46% in just 10 trading days, DESPITE the extra 550 million shares is issue...
Surely at least one prospective buyer must be loading up in the background...?
After all, even if you plan a starting bid of 40p you'res till making a profit all the way up to that price...easy money...
can sell 400k shares ... 19p incoming ;0) looking VERY positive
Have a great weekend wherever, whoever you lovely lot are xxx
tiger, indeed, but it would be odd to deny speculation is playing its part now. And don't forget we now have a healthy cash balance.
A very good sign indeed mate!
3rd level of resistance for today is around 19.1p I believe - will be a very good sign if that is broken imo
Pad,agreed onwards and upwards solgers gla
Tiger ,yes it has along with speculation on potential buyers ,lol indeed i would be a millionaire also!!:):)
Massive -let bygones be bygones. One big happy Solg family now.
Let’s sail on this rising tide all together.
FOMO fever ahead of imminent takeover news imho.
Good luck everyone.
Looking like we at the highest volume of shares traded over the last two weeks or so for two years with the exception of a massive spike in volume for some reason in Dec 22
addicknt, if I had a quid for every post over the years mooting takeover/hiving off ENSA etc. I would be a wealthy man.
Looks like we might have a good day
tiger, you are right, but it's not the only reason.
Bubble, I think the Cornerstone merger being a done deal has removed some uncertainnty which is reflected in an improvement in the sentiment now.
This will be in the 20's soon.
I owe novice a big hug for inadvertently helping to increase my wealth as it was he whom brought my attention to solg. Every cloud has a silver lining.
:)
18.5 paid
SM, most of my mates are now retired, including those I knew at Braemar. In later life I acted as an advisor to a friend who was looking to take-over Braemar. Ultimately the transaction was binned, which at the time was the right decision. Managing shipbrokers is like herding cats.
There's still big money to be made - in fact far more than in my day, which is one of the reasons I left to join a merchant bank, which I regretted.
The general feeling in the industry is that things have never been quite the same since the Baltic was blown up and floor trading disappeared - although I imagine the younger people may disagree.
Btw, I actually got a b**locking once from my boss for getting back from lunch too early (2:30) I didn't need telling more than once.
Sorry folks, for the off-topic reminiscing.
Rednight - I too was a LSE individual member - miss the silver badge
Hold her steady Captain
Tiger,morning a few of us still here good luck my friend lets hope its soon
I became a Member of the London Stock Exchange by exam when individual Membership still existed, pre Big Bang...
My initiation was to be debagged on the LSE floor...lucky it was a quiet day...
I miss those days of face to face broking...but the old system couldn't have remotel;y coped with today's volumes...
For those who think I post rubbish...
"Oversold...?10 Feb 2023 12:06
Apart from the blip down to 12.95 (bounced from there to 21 in 6 trading days), the 14 day RSI is now as low as its been since 9 May 2022 (bounced from 25 to 36 in just over a month)...
Massively oversold IMO. "
Price was then 14.34...
add, I was out with a few brokers from Braemar... Honestly the stories they tell of "work" and client lunches/dinners are priceless, one of the last few industries where it still really is like the wild west. I have toyed with the idea of getting in to it myself but would have to take a substantial paycut whilst I learnt the trade and can't bring myself to take that plunge!
Bubble/Eish, I too have been here since the first hole, 2013 from memory, after a bit of selling and buying over the years have ended up with 40,000 with a break even of 21p, so keeping my fingers crossed that my faith will finally be rewarded in the not-too-distant future !