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A significant number of off market transactions in recent days!
Buys followed by equivalent sells often within minutes!
Share finding resistance at 3.99p.
Anyone get the feeling some kind offer/forced takedown of minority is coming with half year results?
Anyone
whats this buy 37k sell 37k instantly thing that happens sometimes?
Looks like next week....they are doing the bare minimum in terms of complying with regulations by taking this to the last day of the reporting period
I'm not convinced they have to report H1 results by the end of this month. I think they might have up to six months to report (I read this somewhere). FY2020 results for instance were not released until 14 May 2021.
Why today's closing price? ??
Perhaps we are reading too much into this. Five more trading days to report....tik tok
Only motive could be a low ball bid at todays closing price to buy out minority?
Potential market manipulation in place to hold price below 4.00
I did notice that too....
Virtually every GMS share transaction today has been a buy.
Five of mine are all showing as sells.
One could buy in size this morning at 3.65p.
One can now sell in size at 3.73p.
Anyone else noticed that within 6 minutes of every big buy lately, there follows a bid sell.
Could this be some kind of market manipulation?
And it's really taken off today!!
About as many times as you have gotten away with ramping :)
Same old 4 corners! Always deramping! How long have you got away with this!
Someone is in a hurry to get out before the earnings....
@ MCatee - as part of my deramping series, here is the tweet that offers a clue as to why this hasn't moved so far.
https://twitter.com/marben100/status/1424521282503184390?s=19
For the record, added some last week
They need to be published within 3 months of the end of the reporting period, so anytime from now until the end of Sept. So, within the next 9 trading days.
Am I right in saying that the results are 29th September?
Top man! Nice to have a bit of positivity on here!!
Makes a change from the derampers!
Increased by 250k here today, on the basis of the (eternally) imminent half year numbers.
With Covid ‘gone’ and oil prices rocketing, we should have some great cost savings allied with increased utilisation and revenues.
It’s been eerily quiet recently and the worry is that they’ve something up their sleeve to batter us with, but maybe there will simply be a positive update that will kick us on to 6p and beyond. Fingers-crossed…
I hope you are joking that the longer the delay, the results are good.
I thought it was 90 days.
The longer the delay, the more I think it can only be because the results are good!
I hope they do not do unnecessary write downs and provisions to take the gloss off!
Believe its 80 days from close of the reporting period?
They have diluted the crap out of all institutional investors that it will be hard to convince them to come back. Lowball bid might not happen - why get Mazroui guy on the board if the plan was to make a bid.
This might be completely rubbish - but is there not a regulatory deadline of some sort to report H1 results by end of September? They are not idiots. No reason why they can't publish a reporting date. One has to assume they consciously choose not to. Any why would that be? To frustrate everyone, keep share price down, etc. And then come in with a lowball bid. Time will tell, and I hope I'm wrong.
We are definitely not de-ramping. Holder and buyer at these levels. I definitely hope that the lid blows past 10p before the end of the year so that we don't hear "the lid is about to blow" in January
Obviously I have the right to be frustrated at management when results aren't out 2.5months post the half year mark, especially when I think that it might help to move the lid little bit. Its almost as if they don't want the price to move!