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G.E.L. Chairman Randeep Grewal brought over $47 Milloion shares on the 26 feb. , but he had previously the same day sold the same amount . & yet it has been entered under directors deals as a new buy . Whats that all about ??? lts certainly worked wonders for G.E.L.s Share price thats for sure .
Anyone have any ideas what is going on with GEL? Seemed to be ticking up nicely. Would be nice to her a bit of news filtering down to us peasants.
What next? Let me guess an auction between the mm's.
700k now on the bid at .8
2 sells and now the bid is even stronger, glad to see the book in favour of buyers.
Errrrrrrrrrm, No trades and .8 now on the bid, what exactly do these mm's know that we don't.
.9 on the ask then to 1.1 Ticked up on no trades, a million on buy side again at .7
What the hell just happened?
Over a million on the buy side at .7, this is the strongest I've seen the book in a while. Maybe this is about to turn, am pleased that very few shares are in free float so when this moves the re rate will be well worth it for all the long term holders
WTAF! |Buy side very strong and ticking up.
can now sell at 0.6689 after someone else traded at .7208.
I didn't believe that the 0.6967 was a sale. So I tried a dummy sale myself and was offered 0.7208. They must be short of shares. News coming finally?
2.85 million buy side vs 900k sell side
.7 on the ask
this looks like the intra day bottom..imo.040/41
?sellers
If a director is going to buy a chunk of his own company then this is a sign. The head honcho won't chuck money down the drain for no reason What he will do is increase his wealth by backing gel with as much ferocity as he can . Contracts , future deals and increased revenue taking the company SP High so he can make a killing on the SP when off loads his shares . The way I had it explained to me is rich people don't lose money they only make more my advice be follow RG he knows the most he knows the future of gel we haven't begun to imagine yet .
If they do not the ur onto a winner Fregatr. I wish you luck with this.
Seems like yesterday they spun this out of GDG so can't see why they would want to delist it but it all looks a bit fishy. Mine stay in the bottom drawer and I won't be adding...
When a director holds over 75% of stock I always get a feeling that delisting is on the cards somewhere on the horizon. I am out. No the rns I was hoping for. It may or may not happen and GEL at current values looks pretty cheap.
Greka Engineering & Technology Ltd ("Greka Engineering" or the "Company") Director / PDMR Shareholding Greka Engineering & Technology Ltd. (AIM:GEL), the unconventional gas sector engineering and technology business with pipeline, gas compression and power generation assets in China, announces that it has been notified that an entity controlled by Randeep Grewal, the Company's Chairman and Chief Executive, has today purchased 47,189,723 ordinary shares in the Company ("Ordinary Shares") at a price of 0.385 pence per Ordinary Share. As a result, Randeep Grewal is now directly and indirectly beneficially interested in a total of 312,125,606 Ordinary Shares, representing 76.20% of the Company's issued ordinary share capital.
All jokes aside. Imo they are worth a punt at these prices
Just get buying. What's the worst that could happen ?
offer stuck at 0.52p for 500k.
I think a few are waiting to see if there is a fallback from these levels. 15-17% of total equity.