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@B1II....you think all the key players have taken up their positions already as the market quite slow today ?
It's coming
@Oiltap...still no response from Dan...really weird.
Wow....:-)
By the way Bobby, no more quarterly updates because they delisted from asx. Quarterlies are a requirement of that exchange not aim.
Current sentiment has not helped but now in oversold territory. Hopefully a bounce from these levels. On paper in ground assets are mega. As we have seen across aim a slight change in sentiment can produce some epic sp movement. I'm tempted to pick up a few.
Great post oiltap. Bod let have that update.
It's getting very dark in this tunnel .
Transfers from 1 account to another.
Inc the 2 340 million trades are simply transfers - not rocket science.
@ Oiltap. Thanks for the advice. I emailed Dan again as per below on top of my last email which he has not as yet responded to.....
Further to the below I also noticed that there were 2 x 340 million trades on the LSE.
As a steward of the company, do you perhaps understand the nature of these trades and can you explain them perhaps ?
If not do you mind reporting them to FCA as there were no TR1's issued for them.
Looking forward to hearing from you soon.
Can't see much happening regarding regulatory policing.
With what has happened with some of the big construction and retail giants on a different (so called more regulated) index.
I can't see a pro active approach from any regulator happening on here. Imo
https://www.fca.org.uk/markets/market-abuse/suspicious-transaction-order-reports
one in my name and one in my wifes name, orders placed at same time, could be the answer.
A 340m trade doesn't equate to 3%. 2 of though well maybe it's one in Husbands name and one in wifes name.
Should we not then report it as market abuse ?
https://www.fca.org.uk/markets/market-abuse
Thanks Oiltap...:-)
The notification to the issuer shall be effected as soon as possible, but not later than four trading days in the case of a non-UKissuer and two trading days in all other cases.....
So this regulation has been breached in my opinion....Specifically the two 350m trades of a few days ago.
@ Oiltap...is there any ruling that compels anyone to complete a TR1 within a specified number of days on reaching 3% threshold ? If so how many days ?
For a max of 75 million shares - cheap!!
Now that’s a big buy at the bargain 0.0152
Thanks Bobby...Good point.....who is regulating the goings on here then ? Maybe we should ask them ?
I am with you Bobby....But I asked a simple question and expected a simple response. THis is very unlike Dan as he normally responds quickly. The question I asked was "Kindly can you clarify the holdings of DB as two separate TR1's were issued at exactly the same time on the same day..."......surely he would have responded by now to such a simple question. That's why I am guessing possibly under NDA.... This all makes no sense to me at the moment.
No Response from Dan .... I am wondering whether the BOD have signed an NDA with DB hence no communication to shareholders ??
Hi Oiltap...I fired off an email to Dan. Will let you know if I receive a response. :-)