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What do we think about the quick 3.9m sells in 5 or 6 minutes around 4pm today? One seller or something else. There was a sudden spike in sells on NEX as well between 3:30 and 4pm, maybe 3m or so. bearing in mind how subdued volume has been of late not sure whether I should be reading anything in to it or not...
Maybe someone with T+10/20 trades closing out, possibly someone with a much lower avg than the current price.....not really of any interest tbh, as I'm looking at what we can expect moving forward as well as the large buying via the Institutions at the 2p level - as others have also mentioned, just coming up to what we can reasonably anticipate as a major re-rate.
If we look at volumes they are a tiny fraction of shares in issue.
10% of total shares in issue equates to 213,480,000 - when we hit multiples of this figure there will be a lot of excitement.
In the meantime think like Eytan suggests the current 2p or thereabouts will be nothing but history .
Good news, maybe those shares were disguised buys after all, who knows...
I doubt that very much JBT - just seemed odd that they are all sells bearing in mind there was a positive RNS
Some peeps always sell on an rns regardless of what it says. Crazy imo but each to their own.
Everything is falling into place and the rest will too, cln guys won't miss making free money and the EA will and should be fine as they have had years to realise what's needed to be done here, get ready for the drill of 2020 every one and there grannies will be i this by next march, 4 months away till we see this rocket
I do not think we will have much objection from the majority of Bahamians, though a minority may create some noise. The recent hurricane caused such a lot of damage to life and infrastructure resulting in the islands needing a steady source of income these days.
Hello Bryn, I was referring to the late flurry of "sells" yesterday afternoon. ;-) on LSE and NEX.