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Yahoo finance is showing 4.1m shares being sold today at 915am? Is this correct?
4.1m shares sold??? Is a director selling out here??
Could it be the chap who passed away a while ago, his estate being sorted and portfolio being closed?
Yahoo is awful.
That’s the amount that went through this am. They must have delayed.
A director cannot sell during NDA and as far as I am aware we are still very much in NDA?
The only director who potentially could be selling is via Mr Fitzgeralds estate as he sadly passed away recently.
You can’t know, his family may just follow advice or want the cash.
I very much doubt Phil Taylor or Anders know any more facts than we do. They are both heavily invested and undoubtedly heavily researched too. No negative news has broken in months (AC selling was the last one). Why would they wait until the market is at its lowest and anticipation of positive news at its highest before hitting the sell button? Sorry, that makes no sense.
'I think its taylor or the Anders guy'
Why? Both of these guys have been very upfront and transparent about their holdings?
Why would they sell now the time for them to ditch a few million was in the 30's not now, either way unless these guys have a sudden change of strategy I see no reason why they would ditch now?
Every few days someone throws out completely unsubstantiated claims that Phil or Anders is selling, and every time them say no.
Stop trying to mislead people
More probably the estate of the late Mr Fitzgerald, realising some cash to pay the pending Inheritance Tax.
Just ask yourself: who actually has 4.1m shares that they can offload in one go? Aside from those mentioned - most of whom can't actually sell because it would constitute insider trading - you're left with Blackrock and other institutions that can sell (and buy) off-exchange via dark pools. Now, what on earth would they have to gain by dumping four million shares onto the market? I know: a falling share price and panicking PIs offloading for them to scoop back up.
It's not a LTH, it would be pointless to sell at this stage as a LTH. Asset sale news can drop at any minute, Rosgeo JV assets are being added, WK is going to have 3 wash plants for processing ore. Only an amateur would bail at this stage!
GLA
Morning,
IMO these trades were a short closing with another 500k trade still to show, the SP would have tanked but it did not, instead and as explained before it is easy for a single large short to close, people class it as a sell so everone starts selling which feeds and allows the collection of the shares required. note the SP starts to drop after many sells come through beyond what was required.
This one has just come through and looks the same another short closing.
22-Jun-21 10:54:06 19.50 717,260 Unknown* 19.00 20.00 139.87k O
22-Jun-21 10:54:06 19.50 717,260 Unknown* 19.00 20.00 139.87k O
Worked all the way down. Market makers hate eua and will do anything to bring us down and get there city buds to mop up all the easy shares
Sell high, wait for the teens, then massive buys and suddenly flips into twenties again
Or maybe even kept in a 18-20p range so that nobody can make money off trading it but ii’s can load up. Even without a dividend this is a top tier resource company with an excellent and strategic board.
Yes rough 4 weeks but dimitiri and team ain’t gonna fail and they will execute a healthy deal with imho surprises to go along with it
We will still be here fighting the derampers next year when we selling assets 3 and 4..
None of the big holders would be selling and these ball ox levels. Guys, baby sells have been taking this down and HUGE buys do jack
Market manipulators marked this down just like other ftse/covid/crypto shares. Once eua have sold MT, a “MASSIVE” div coming in for us. And holders will be pretending they weren’t twitchy at all, all will rejoice and the name Dmitri will be sang across the lands and seas
WHATINTHEACTUAL. Member since late May and most of your posts on other BB`S are negative as well, cheerful chappie.
You a life gaurd on Blackpool beach by any chance.
Don't answer.
Your pay masters will not be happy - your mask slipped from the off.
No 10p's today then.
Rhums all round - the beach an all
JT and SL - playing sandy castles No tellies on the beach !!!!
I think we ought to get a doctor on standby.
'Sell high, wait for the teens, then massive buys and suddenly flips into twenties again'
I'm in process of freeing up some more funds over the next few weeks, it's glaringly obvious that they are targetting a drop to the 15p region, and they are gladly being fed by holders who are sick of waiting or have lost patience so they are selling out, quite a few have come on here to post that they sold out.
As soon as we get to that inevitable 15-17p region, I'll throw the kitchen sink at it.
In a way, this delay in securing a deal may end up being more beneficial for the long term holders in the end game, it's difficult to watch profits erode however, the chance to add at these levels is pretty incredible, but obviously you want to time it correctly.
@mjs94
If the AGM offers no new info going forward we will reach 15-17 p quite easily and suspect a lot lower but i really think the board know this and i also suspect the MMs will be licking their lips at the prospect.
This is not a deramp just my thoughts on the matter but hopefully A1ex is correct and news is due shortly.
Some will see this as a stupid post but for the sake of clarity for the novices can the well established advise on this.
- When a share is sold who buys the share? So for example if PI sells 5K shares but no PI's or II's want to buy the shares what happens i.e. can the share still be sold and who is buying these shares?
My simple head says for some one to sell something someone else has to be willing to buy? Am i looking at this to simply?
Please enlighten me.
Look out for another 1m+ trade landing
IMO I believe they are trying to drop 2m+ in volume
GLA
CAW1
We have 9M Vol already
Thats 70% of the MA
Targets say 18M / 140% prorata if these large kippers keep landing.
meanwhile vwap stays in the 19.7 region.
Cheers
Rhums all round
JT