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It's worth noting that these trades, once again, are ghost trades missing from Google's tracker...my guess is you'll see them cancelled.... and then potentially reintroduced down the line if recent history is anything to go by... hence then lack of immediate effect... potentially / maybe
FK1, I'd like to take the credit but my buys usually have the opposite effect in the share price.
Fair enough Rugs. I can't therefore account for the rise unless CAT has a fanbase. There was another at 2p for 500k of shares declared after hours yesterday so it makes even less sense that the price would rise in the face of these. Unless it is Woodford if he still held or Dumper Dude and an overhang is cleared.
That's sh**e
FK1. I doubt they are buys. I place dummy trades on DKL morning and afternoon.
Monday I could buy at 2.08 and sell for 1.9
Tuesday to buy was 2.28 and to sell 1.95
Today its 2.285 and 1.95
If somebody is able buy at 2 then my broker is doing a ****e job !
I would say those delayed trades are atcually buys J/k though I would love to credit Cat alone for moving the SP. If so Dumper Dude is still sleeping :)
FK... you woke up dumped dude ;-)
Good morning J/K. Yes welcome news on the CPO front and I hope and expect we will breach $700. As DKL has the ultinate "The Dog ate my homework" Board you have to temper the rising CPO with the weakening pound versus the dollar recently. At least the six month high in Sterling versus the EURO which DKL's debt is denominated in helps too.
Morning FK1, CPO is up again to $688 in Rotterdam and 2 year highs in Malaysia around $635, so that's all looking positive.
The wild swings (in percentage terms) are due to the hammering of the SP over time. A rise of just 0.1p now being 5%. It should keep us in the top risers charts for a while though.
I was hoping the rise was news driven and not down to Cat's buying. A decent boost to the SP however which shows despite consolidation many moons ago DKL is thinly traded and subject to wild swings on relatively small amounts. Sadly I think the wide margin will anchor this or possibly enable the market makers to move it down to trigger stop-losses or spook holders. I hope Dumper Dude doesn't become woke when he sees the riser board and a non too familiar name on it.
A surprise to the upside in Q4 would be a good boost and it would be useful if the board could use whatever levers are available to engineer this.
Think you did well CAT. I cannot get my broker under 2.28 this morning.
On the back of the recent CPO price increase, I've bought another 150,000 shares this morning. I'm hoping that if the CPO price increases stick it will not only boost sales and margins next year, but may encourage smallholders in planting new trees and fertilizing existing trees leading to increased volumes in due course. Let's hope the CPO price keeps on rising. Too late to have much impact on 2019, but hopefully a boost for next year.
Some solid buying since Friday! If we could just stop the selling I think we'd be up at mid 3p's easily :-(
to knock 2.5% off the company SP. As imo support levels ahve all but gone it really behoves the Board to ramp up production as best it can in this quarter. Currently as a company I feel we are just limping along and what would normally be just bumps in the road for a PLC are now mountainous.