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I just sense this about to turn sharply upwards :-)
Thanks.
Because the price is at the mid point, so could be either a buy or sell at that time... So "unknown"
This is why we have to ignore the "buy to sell ratio" on shares, as the algorithms get it wrong a lot of the time.
But on this occasion I would guess that Oilriches is correct as i'm now getting quotes of over £1.29 to sell, which is more than I was prior to that £640k trade
Why do they show as unknown?
£640k buy
To buy small amounts now
I doubt it'll go anywhere for a few days, traders exiting and institutional buyers / sellers tidying up their ownership will ensure it'll stick here for a bit. A retest of the 113 low wouldn't surprise me, medium term I think the 110-130 range will prove a really good entry point IMO.
55% drop in a month. 75% drop YTD - I think this will head upwards, once whoever has had there 130 fill is finished.
Free float is tiny
A large percentage has been moved around last few days.
https://www.hotelchocolat.com/uk/investor-relations-major-shareholders.html
Also a refreshingly quiet / calm BB.
BTFATH1,
The low number of shorts makes me wonder whether we will get a quick bounce, but I do expect a slow rise to happen here.
Good luck
Agree, not trying to be rampy but it genuinely does look like a pretty huge over reaction from where the SP already was to here. No business other than energy are really "flying" at the moment, but this looks well managed and is pretty much still booming in the UK. Which is a huge market in itself.
Bought some at 1.31 it looks way way overdone particularly with U.K. side of the business booming.
Will today be the day the recovery really kicks in?
Greater volume than yesterday. How long will they keep taking orders around here?
Pretty fast now the overhang is cleared
Yes that’s what I was wondering.
Lots of orders being filled .
gregpeck7,
Its been in and out of N/T most of the day if thats what you mean ?
I can’t tell. Is there a limit to how many shares you can get online?
1,000,000 and 500,000 buys just gone through at 1.30
I think a lot of stock has been agreed around these levels, and its being held to facilitate the trades. The more I read the update the more I feel it was a big over reaction. Failing in the states was probably a likely outcome, but they could not resist trying. But overall this is a quality company with a loyal customer base. Apart from me, my entire family buy their "stuff" and they love it...
So I have tucked into a few shares.
Personally I think when dust settles this will recover to an SP starting with a 2**
dimi 123. Like you i'm a very long term holder. Sharebel is a well known ramper ( i've had him or her filtered for ages ). They buy into shares on a speculative basis and think they can control the price by making stupid comments in the hope of making a quick £20 and going on to something else. I don't think we'll see £5 anytime soon . The markets main aim over the last few weeks has been to get the P/E down which with yesterdays drop has been most successful . I personally think the price will hover around this price for some time. So all you get rich quick merchants might have a long time to wait for a killing.
Does anyone know how many of their locations they own versus rent ? Their balance sheet shows about £50 million for property/plant/equipment.
Sharebel,
A director buy from yesterday wouldn't need to be filled when there was obviously a serious sell off.
I am expecting a bounce but please don't tell people 'they should be buying up in stacks'
This is a most definitely a speculative investment ( not investment grade )