focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Has been tightening over the last few days so hpefully we might see some movement this week
good news would be a treat could go either way??
can�t go on forever. Just need some news on that order or new opportunities and we�ll be away. Tedious but at least staying steady meanwhile. GLA.
still the usual retrace though
It's based on the traded prices. It updates every so often. Current sp will move from 2.15 to 1.9 shifting it by 10% but when it opens at 2.05 it's frustrating.
retrace to 2 for close?
Can someone explain something to me please? I went out this morning, GRPH was listed as being up 6.7%. Bid was 1.9, ask was 2.2. I come back, and it's listed as being down 7.32%, the bid is still 1.9 and the ask is still 2.2. So how is that 13% change? I would call that 0% change. Am I missing something?
and Ask at 2.20 - which looks correct to me at present.
could be a buy not a sell as its bang on the sp which despite what the graphic says is presumably 2.05. Games again ?
Do some googling on the subject and see what you think. As I say, i've seen it working in the past but there's no doubt there may be inconsistencies and people playing the game. We've just had two trades one for 35 shares and one for 700...why would anyone deal at this quantity?
Haha I think it might be. Unless every broker has a special 'codex' so a 373 trade for grph is the same as a code 1...it makes a lot more sense!!
could just be paranoia ? ( not being flippant)
You can see how their nibling away at peeps shares. Then when news comes they will have a nice holding to play with. Cheeky
There are various codes the MM's use to communicate through deals. Most famous one being '1' - which is a trade of just 1 share within a company - and I've seen it a good few times over the years where a 1 code would be triggered on a Tuesday, say, and on the Wednesday a new RNS is released. There's lots of games being played behind the scenes! Google it DYOR
Where do you find this information?
Whether you believe this or not, looks like a 200 code from the MM's - Means "Need more shares but don't take the price down" Good sign for us anyway
The short answer is no , but GRPH is at the bottom of a cycle. They have had an sp 15 times or more what it is now, they have (almost) gone broke, restructured and and refinanced via convertible bonds with Darwin, which are currently all converted, (although there may be another tranche this looks unlikely as the option has not been taken up and is months out if date). They have completed a trial and may be about to announce a positive outcome leading to a very large order. All in all, at this price, with the possibility of goods news to come and a return to anything like historic prices they look like a reasonable punt with the chance of a return several times the sum invested. As always DYOR good luck whatever you decide.
Is there a good fundamental reason to buy right now ?
Is tightening so thats a good sign
...nicely around 2s. Still waiting for some indication from the board. Might email them if there's nothing by next week.
Topped up at 2.13p. Looking forward to the next few months to see how the Graphene industry grows
it's staying around 2
Yeah. A 20% swing seems to be normal here. With a 30-40% spread on L2 you can't really do much. Real prices are closer to 1.9 and 2.1
Are the daily moves not just within the spread you can draw lines on this as much as u want but at such a low price how can u apply support and resistance. If you have plenty disposable income it's worth a punt if you have little disposable income can scale it down for a little fun but to put a large amount of your investment capital in here must be madness if no one knows what's going on