Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
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The most infuriating share - what do the market makers know that we don't? All the chat was about stability at c 35/40p a share until a deal was struct with a substantial partner at which point we would know that Pantheon have finally cracked it. After 8 years I will have to be patient but with a substantial holding I'm finding it hard and I know if I sell it will shoot up to the stratosphere! Thoughts?
Patience you must have, my young Padawan. Have patience and all will be revealed…
I just tried two dummy sales, first with 10,00 shares then with my entire holding 204,000 shares, both were accepted. Normally H+L won`t let me deal that amount, I have to do a series of smaller trades, but they seem to want them. Well I thought, if they want them then so do I.
There are 14 million shares on Mangrove's short.
PANR is still mainly a retail shareholder base and easily manipulated to suit market professionals' agendas.
Mangrove STILL need to start buying ....unless of course they are breaking the rules by accumulating without notification.
There is the next quarterly Bond payment due Mid June SP is generally weak ahead of the. conversion.
Convertible Bond was a huge Mistake imho
I don't think so, it's at 4% interest with a quarterly payment with a 10% discount to the VWAP if paid in shares.... it gave us the ability to drill and further prove up our massive assets. The deal was excellent and you couldn't get that same deal in todays market.
A decent 500k BUY order on the book
11:22 500,000 28
My own take on this fall is that it was intitiated by the local short tribe but has now been joied by LTHs, either to conserve portfolio value or to game the share by selling and buying back more cheaply.
Make no mistake, gaming is shorting. I appreciate that everyone has their own interests at heart and there are myriad reasons why someone might want / need to sell, but for those with a large portfolio, this is a clear case where collective and personal interest combine.
Any selling is going to contribute to a falling SP. But there is no guarantee that one can recoup a sell or buy back more. it's been 2 weeks since the Chairman said: 'We are expecting the Cawley Gillespie report on the Ahpun Topsets in the coming weeks', so positive news could land any time now. Technical traders will buy when shares are oversold, as they are now. A new entrant might decide to invest and accumulate. Individual shorts may decide to close.
From my own experience trying to game the share, the times it has worked v not worked leads me to conclude it is not worth it. Perhaps others are luckier, better traders than me. Perhaps not!
Many months ago, there was an attempt to promote Pantheon more widely, even to get it adopted as a meme stock. That had some limited success. Yesterday in the US, GameStop Corp put on 80%. We could do with a bit of that here! More realistically, we need some consistent buying to stop the rot. That will force shorts to close and gamers to buy back.
White knights feel free to help but more pertinent, those who have already benefitted by selling (whether a formal or informal short) could close and buy back.
Exactly Forwood. The friendly fire is pretty obvious especially from those who are 'prestigious' LTH & always seem to post their buys but never any sells...
I can only assume that comment was for myself, (maybe be wrong, but ill respond regardless) I do post my sells as well and is very well documented on the ADVFN thread... and still HOLD a very substantial holding and haven't sold any.
Each to their own, many have personally reasons for selling but its very counter productive when selling at depressed level
Absolutely agree: not banking profit is a crime, punishable by poverty & bitterness.đŸ˜‚
"it's been 2 weeks since the Chairman said: 'We are expecting the Cawley Gillespie report on the Ahpun Topsets in the coming weeks', so positive news could land any time now"
That's assuming it's positive news, the last report doesn't seem to have been received that positively based on the lack of discussion, it certainly hasn't supported the share price, still dropping and some might say accelerating towards a double bottom that now seems to be acting like a moth to a flame.