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Still waiting on this Prospectus and 5p investor since February when it was announced. Mike is having a chat on Thursday, what’s the point going over old news, why have we had no communication on this, what is the holdup? Last we heard it was with the lawyers said by a paid for market shill.
Like it or not the SP won’t move far from the 5p level until we get the recently announced subscription away and we get an idea as to what the short and long term intentions of the “strategic “ investor are.
I do agree with your main point ie liquidity of the stock. That’s the real issue here for me. We’ve traded in a range because like you say you can’t buy a significant amount without needing to place separate orders which materially moves the price. That then gets sold into. I have had to build my stake over numerous trades because of liquidity. In my mind, where there is no stock to buy, the price should increase but that just doesn’t seem to happen here
The reported spread takes into account the price associated with buying and selling large amounts. So the fact that one can buy a relatively small amount nearer the middle is not really an answer to the point. Anyway, apologies for what was ultimately a pointless whinge. Such issues will become irrelevant as the company continues to deliver this world class project
Spread wasn’t that bad, I managed to buy at 5.044p earlier this morning. I think they don’t report the spread well most days but today was definitely wrong.
Was is correct is that virtually all todays trades are buys.
£16k buys vs £300 sells and 5% down, jokers
Ashamed*
What an utterly appalling spread, the MMs should be assumed of themselves. Despite the spread, upward momentum looking good
Will be buying some more tomorrow and possibly again at the end of the week. Wonder what my chances of getting in sub 5p will be
I bought a few more Fri afternoon and really tried to time it right Think paid 5.04 ish for first, lot similar for second. So no luck getting under 5
That’s correct spank although it did get close to 5p. I’m continuing to add at this level which nowhere near reflects the story so far or the story pending. The Bid actually jumped up to 5.29 just before the market close and went NT for any quantity over 100,000 shares. Hopefully news afoot early next week
Could someone please confirm my understanding that it wasn't possible to buy below 5p this week? Thanks.
Never mind that - all are welcome 😆
Are you sure you have the correct company?
Hello all, got in today. Thoughts to say hi. Hoping to see further drilling sooner than later.
I think Clever must be Scottish.
Nearer 4p to 5p will do me too lol. Just keep adding, the resource is there, no rush
Clever your a Nutter
Should you not want the Share to Rise!!
Stop now with the Negative sub 5p And Think Big Think 6p thoughts.!!
LW - that would be a very good decision on your part,
;)
Ha PFG - it might well be GMET next :-)
@Clever like yourself I relish the thought of topping up, again, sub 5p.
I think the days/times are numbered when this will be possible as we head into Q2 - excellent opportunity.
LW - good to see you here too - I feel stalked! haha
Spoke too early good sir....
I shall get my sub 5p......licking my lips if I can top up at 4.5p.....inevitable.
Is Bres finally stirring into life, or will it be another false dawn. I suspect it could be the former IF they confirm the financing/prospectus has now been completed. That announcement must be close now?
Didn't they talk of doing further drilling to expand the resource to satisfy the DFC? Seems it's getting a bit late for that to be included in the DFS?
Seeing all those big trades made me check that nobodies run off with my 1.5m golden tickets to this ride. All hidden away, me precious!
Things are stirring in middle earth…
GLA