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HSBC have increased their holding which is a positive.
where have the buyers gone, seemed plenty yesterday and tuesday very strange action today
Makes sense James as theyve killed the market at present, zero buying.
I'd guess volume is drying up because they are holding the price. Need to let it go one way or the other to stoke up interest. Given observations of L2 it could reinforce the view that they are transferring to another ii and want to keep the average down?
Seems the seller is dealing in 20k blocks now (Is he running on fumes???)
Oh dear, down again. Down 10x as much as Eskn are down.
At least we should be seeing 30p today.
I noticed it but can’t remember now - was it a 650,000 order?
With climate change and sky rocketing gas prices,, renewable energy source is sought after, did anyone see l2 at the close, massive buy orders lined up
Another 8% today, and c+73% for month to date
Just look at the l2! Feel like its gonna smash through 20p any moment
Great to see some uplift. Fingers crossed any selling is just day traders.
Break this 20p and it will move fast towards 30p
MM MREX is on the BID @ 19!! its about to breakout
Here go
19.20p are all buys, this could fly now
Nice buying pressure building here & another attempt to break 20p ;)
While we are watching paint dry....
I've noticed over the last week or so that we have 3 MM's that move their quotes at exactly the same time, that time corresponding exactly to when a new market order is inserted at the top of the book. Its not something I've seen before although I've only been watching L2 for since May last year and am wondering if others have....
Just seemed unusual to me. Thx
Followed by dumping of another quarter million shares. These big sells are clearly being drip fed in now, which is good in a way, but when will they stop? I suspect that is the remainder of KOG but they must be starting to run dry soon?
This really is a Mexican stand off, lol
Feels like it - am no expert but it seems nobody is selling into the bid, which is gently ticking up.
Breaking free? 0.1935
If that 340k wanted to get a quote then it would cost him 20.44p a share which is not bad and we will be in clear breakout
L2 - someone clearly knows they are desperate to sell, but also have faith in the true value. Mexican standoff?
Now 340k buy order at 18p soon its got go one way or another
Just topped up and as expected it shows as a sell thats five out of five in Igas. 10,666 @0.1875.
Afternoon could get interesting you have 310k buy order at 18p then 100k at 18.50p then 100k at 18.70p, looking brilliant