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No one point of access
So only one marker maker then !! Not sure if that is allowed on aim
When they are the only shop they can do what they want
A shop keeper can’t sell a tin of beans at 50p when down the road they are selling at 30P unless that shop is Aldi
MM need buyers and sellers to create a market
Alfred
I personally believe makers bit of market makers allows them to do exactly that
Make the market I.e. set the prices....
Market Makers don’t control the price of a share ! The market does! As long as they make their margin that’s all they care about !
Think, and could be wrong but there is forward selling. The fact that the SP hasn't dipped into the 6's or close to PP is a good omen that MM's also want to keep it at this range, i.e 7-9p and allow profit taking from the 30+M subscription shares as they too will want to make a profit albeit they would be happy with 5-10% easy and quick returns I'm sure.
TBH - it simply allows for an opportunity to get more of these at a relatively decent price when considering the SP almost touched 13p few weeks ago.
These trades and transactions are irrelevant on the grand scheme of things as the ONLY thing that matters now is if we are going to have some or any news of proposal submission and or acceptance.
Is there any need to be so supercilious P?
If you have something worthwhile to contribute then I'm sure you'll find most would be receptive, even if it counters their belief that their investment in GCM which demands a positive outcome for the Phulbari project to realise a multibagger gain.
Incessantly following a poster around the message boards countering anything they say with snide comments is at the very least extremely infantile and could be argued as being obsessional. Every time I see your grandiose narcissistic remarks it reminds me of Ricky Gervais line from the Golden Globes, 'accept your little reward, thank your agent and your God and Foxtrot Oscar'.
However which way you look at it buy or sell, 4.5M shares were absorbed into 1 transaction, that in itself bodes very well indeed.
Comedy gold:
Probably part of forward selling and we expect some which counter well with demand also
Whahahaha good one wos .
LoL these guys ;)
The trade is from yesterday could have been a buy or sell??
Definitely explains why this has been dragged down.
Hey ho. All these shenanigans will be irrelevant once approval is officially given.
So add little sense to that!
Probably part of forward selling and we expect some which counter well with demand also.
As Mr Pappiklon say - every seller with buyer etc
Does not mean in ANY way all (like some people try to say) new shares will be sold.
This is why I bring price movement up after previous placing and also recent Warrant exercise - Share price went UP!
Now sensible approach to price move we can expect combine this with Company / PowerChina Project submission and Govt Energy / Economic position.
This is why levels to BB discussion and THANK YOU again to usual sensible ones!
🦉
16-Apr-24 16:42:48 7.60 4,544,230 345.36k
Quality buy, price movement very strange today and now we can see why.
Good Night all!
Surely it's Axis Capital forward selling part of its 30,769,230 shares? Another 6 amounts like this and they're cleared if their clients are indeed offloading all of their holding.
Don't laugh.
But I reckon that 4.5m was Jamesssss buy!
Lol
That is not a PI. That is an II
Definitely holding back the price. I can’t think of many reasons why people will sell now?!?! Baffles me. I’m loaded up and happy
Must have been that what was holding the sp down. Should fly tomorrow once the 100k buyer gets going again.
Someone bought it and someone sold it
Biggest trade i can recall seeing on gcm.
Was it a buy or sell? :)