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Could be nothing as they manipulate this to death
But a massive 5000000 available on the Bid at 35 giving impression that someone wants in big time- let’s hope so
If so today could be a big day for us.... you never know
GLA
Well I just bought 50,000 at 35p but its down as a sell. It was a buy. Are you sure its 5000000 Porky?
Strange.
Your buy of 50k sent the price immediately down .
And selling was blocked.
It’s mostly algo-controlled so I don’t get it unless it interpreted your buy as a sell.
If you look at the trades coming through now there were three 50,000 trades all at 35p within 10 mins of each other. Two were marked as sells, one as a buy.
Thank u
Prob. were sells at 35p then
@SR
Yes, 100% was watching it clear as day. It was added to the book and on for a good 10mins then took off.
Pure manipulation
Negative View - Just manipulation putting false blocks on and off to control the SP
Positive View - They have a party accumulating but want to keep it in a range for as long as possible. Shorts will sell into the stock to support but they don't want the SP running away.
No idea what the game is. Superb business, bombed out share price. Where do you go from here?. Only thing that is factual is that you can sell practically as much stock as you want which makes me think they have somewhere for it.
GL
It does look like there is a buy order for 500K at 31P
Depth 17
12:26 4,000 34.3
12:26 8,248 34.3
11:45 6,972 34.25
10:04 15,000 34.2
07:50 SING 10,000 34
08:22 WINS 10,000 34
10:46 2,932 34
10:03 7,744 33.9
07:50 JBER 10,000 33
07:55 PEEL 10,000 33
12:26 SCAP 10,000 32.25
12:29 INV. 10,000 32.25
12:29 MREX 10,000 32.25
07:50 1,550 32
08:02 4,047 32
10:24 500,000 31
07:50 200 30
It was on at 35p and then taken off, its now showing up again at 31p. Could well be done to give that impression.
I think they know that shorts are attacking this and the buyer is thinking lets see how much we can fill, how much retail might sell to fill it as low as possible.
If it doesn't get filled they will end up having to fill at a premium. It can come off the book as quick as it went on.
Watch this space, i am still on the page that a bid is going to land for this business
We will see
After a great RNS we’re almost down to the pre-RNS price within a day :) beautiful stock to be in.
Not good if you have anxiety problems :). I am totally convinced though that this stock is going to all of a sudden go crazy. Probably when we are all least expecting it to. Just a little more patience is required.
GLA
I second that emotion Staylong as a sufferer myself!
But I’d rather burnout than fade away :-)