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Fort, 12 months is more than long enough to produce something.
What is Redknight on about. Nothing to do with Brexit.
In case he hasn't noticed, thousands more jobs added to finance and we still are aligned with EU on finance.
We need to modernize in order to start being more competitive.
Also I suggest he looks at what Arm have said.
They would never have listed in any EU country.
So we can expect the SP to take a beating today at the mere mention of the term "First Mover Advantage" then?
Perhaps these new guys are like their predecessors, all wanting their turn at the trough before even attempting to pull their fingers out.
Yep, absolutely nothing of interest here.... unless you are chinese of course. Or a patient investor awaiting the SR outcome.
Add to that Colonel, London has lost a lot of clout since Brexit...
ARM listing taken to New York and another major listing pulled because the underwriters/initial buyers were too greedy with their demands...
One hour waffle-fest on the way?
Caldwell will have been asked many obvious questions and it will be interesting to see how candid he is.
Cheer up boys.
Your all beginning to sound as if needalife has had a valid point with his posts. And he's not the multiple alias Blackrock impostering infesting stooge after all.
I've no idea if there will be an RNS or not, but one thing's for sure, we're due one.
They've been working on the SR for 12 months - surely there must be some output by now? If not, why not?
If there is a RNS tomorrow, it will tell us what will happen at 1pm.
Generally, best practice with Solgold is to be prepared to be underwhelmed by the board and it’s progress.. I’m certainly not expecting any groundbreaking news in the presentation.. just the usual fluff and bluster..
of course I would love to be proven wrong.
If it is incumbent upon companies to release market-sensitive news in a timely fashion, what 'news' do you expect solg to have delayed, so as to coincide the release with their small-time PI meeting? Answer- nothing actually interesting. Just fantasists getting excited, and rampers ramping. Obviously hope this drop stops at something above 15p, but fort at least points out that we might head there before another bounce.
DM,
If a RNS is tomorrow, it will be late in the day as usual
Atb
So if a 10% drop in two days is quite normal , I fear where this is going.
Fort. Ref your essays based on SFA
You can fool some of the people all the while with your BS
You can fool all of the people some of the while with your BS
But you can't fool all the people all the while with your BS.
Where do you think the sh**te up
Addicknt, trading on SOLG has been very different over the last 9months or so post the CGP merger news. Volume has been higher than average on a 12month basis.
We've had confirmation that Blackrock and a few others have exited or almost exited after having sizeable holdings. Meanwhile, other II's have entered and built holdings along with recent TR1 from Chinese.
From what I've seen of late, the recent pattern looks a bit like this...
1. Price tends to rise when mm's have agreed buyer/seller blocks over 1m levels eg.. often printed after hour trades.
2. In absence of II larger block trades, MM's go fishing and lower stock on very low volume. Has seen price fall as low as 15's.
3. Wider market mechanics with ETFs can affect price but it's usually moderate.
4. XIB 0.5% short still in play since Dec 2022. Someones hedge?? Probably affiliate of Maxit's lol!
All in all price moving nicely between 15p and 19p levels giving a healthy trading swing of 4p or 20% to 25%.
As an example, look at Noront's trading pre BHP offer. Traded flat at 21cents for weeks... no sign of any interest at all. Then bang... offer in at 55cents... counter offer 77cents... final winning bid 110 cents. That's just how lazy and inefficient markets are right now or over last 4 years or so. The market can't seem to price anything correctly and has deep discounts in place. Wood Group was 99p levels before Apollo offered 240p which ultimately collapsed and failed. And that was a £1.5bln+ deal.
Seems the de rigueur these days is to price at levels which present 1.2x to 1.5x upside on buyout. Or in Noronts case 5x 22 cents starting level.
SOLG looks priced for around 50p to 60p bid in my opinion. I can't see a 5 fold increase now with 3bln shares in issue. But I can see £2bln market cap deal in an auction or bid war process.
Not sure and we are an easy one to manipulate anyway, but since we had overshot the EMA 50, it looks like we just retraced to that level now.
Morning addicknt, no they are quite normal.
People buy shares through ISAs or nominee accounts invest monthly.
So they buy and sell in small amounts.
Also when funds are cashed or added two.
Sometimes if the percentage of a share is small. Small transactions take place.
There are other reasons, but what we require now is a market presence so people know who we are.
Expert on trading matters, but does anyone else think the pattern of very small trades, both buys and sells, looks a bit odd?
DK, I don't recall you making the same remarks, for balance, on the 8th June or the 13th June (when the market moved upwards with similar force). The share price is just moving up and down within a longer wave and this is just short-term volatility.
Chill, we are due important updates and these movements are nothing.
Oh look. Opened up 1.59%.
Step in magoo. Fill your boots. How many green dots and filterad posts have you now mate..
I'm beginning to wonder if your correct. All these green dots.coinciding with Price dropping
Do you think mms check solg board for green dots before 0800hrs. So they can adjust the sp.
Makes one wonder doesn't it.
After all we have Blackrock stooges and lse 5th columnists on here.
That's the problem with small trading volumes.
You get moves one way or the other and they are often high as a percentage.
Thats why we need an absolute minimum of 10 million a day traded.
That just doesnt happen often without news?
DK
TI
get your point but 8 per cent in a day, a bitter pill to swallow?
DK