We would love to hear your thoughts about our site and services, please take our survey 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.
That was the exact size and price I was quoted...
Red you said someone was happy to take a million off you earlier …. See the late trade and the price
Definitely typo there apols
Oh yes 1 million buy again something Dec to happening here ,can't be long of some news imho
Fort there’s the 1m
Everyone knows these are automatic trades, so every sell has a buyer.
Nothing to do with holding the price down or anything like that.
People on here commented about five million traded. That's about half the minimum we require on a daily basis.
We have low volume, it's nothing else.
You would think some on here have never brought stocks and shares before.
At least the farmers like us
https://twitter.com/solgold_plc/status/1592921293845762048?s=46&t=3OdF84YGtSpnVuITYmJEcg
Its the Autobots...
67 out of the last 71 trades...
Nobody's selling
Nobody's buying
We're all just waiting for sometyhing to happen...
I am beginning to wonder if the MM teams are so busy giving RK1 and his wife "firm" quotes all day that they have not had time to increase the Ask...?
Skint
Maybe less than that Colonel, judging by the steady 200k/300k bids all day day after day for a week or so.
I know the copper price is down but bit of a nothing day considering the palpable underlying sttength yesterday and first thing today...
Ho hum...
Calm before the storm...
Stake sale
Merger complete
PFS
Porvenir PEA
Takeover bid
Counterbid
Auction
Deliverance...
Fort, it doesn't make sense that we are where we are with the very likely bid in the headlights. Someone is still keeping this down.
I hinted a while ago that blackrock might want to rebalance (I'm being polite) the instrument they put in play that resulted in 25million SOLG shares being sold or loaned out ahead of what they thought was going to be an equity raise. Volume kicked in on the book the moment the royalty deal was announced so I reckon they are doing a fine job at keeping this in a range sub 20p while they tidy up. If buyers were really to get stuck in then they would have a challenge on their hands... instead it's a stroll in the park for them. Just speculating of course... still waiting on the TR1 for confirmation.
Another 1 million block after hours would total 4 in 4 days I believe. So looks like they are not hanging about. 20m to go?
Hahaha...I think thats a shared wish...
Jerry I think he’s speaking to himself! He seems to think we desperately want to know the machinations of the SP every minute the market is open. There’s no stopping him??
Z
Red, maybe its your wife?
Let me know when you are firmly bid for 2.2billion......
Can you or anyone offer some sort of explanation cos I'm happy to learn...
Impossible when you've filtered most of the posters :)
It is not unusual for the spread to close and widen on any given day but a mm will use that spread to suit their needs whenever that might be..if you look earlier on there were some circa 500000 shares went through at a similar price but certainly no panic or indeed any unusual movement albeit not one lump
Hi Not2Sure...
Normal Market Size in Solgold is 30,000 shares...
I've never seen a firm bid for 1 million before...its now back down to 100,000 so don't know if it was filled or walked away.
Can you or anyone offer some sort of explanation cos I'm happy to learn...
Thanks Red !!:) Chinese Friday and fizz for the lady
Well done Bubble!
It didn't fit my strategy so I'm afraid I didn't. Ho Hum...
My only holdings ATMO are SOLG, GPM, SAVE, 1SN and JAY...otherwise sat in cash...
Treat yourself out of your profits matey!
O/T Red did you take my tip about HARL?
Pull the other one red..
I think you are possibly over thinking this rk at the mo ..I would not necessarily say offering 18.37 for 1 million is panic buying ?
So I can think of four possible scenarios...
One of the Market Makers is desperately short of stock...but if so, why panic buy...?
A major buyer has a big order in. If I'm bid for 1 million, the whole order may be very much bigger than that...
Somebody has been given inside information and is trying to get as much stock ASAP...
Its a PI who has bought the Bid story and is naively trying to buy 1 million all in one go...
Whatever the reason, trying to buy £183k of SOLG in one go is a pretty big deal...
But why is the SP stuck at 18.42/18.60...?
And TOTAL volume today is only 1.12 million so this order would almost double that...
Thats my point. Either something sackable OR a fundamental disagreement with the proposed strategy...
I remember many years ago I brought a merger proposal to the CEO of the major FS company where I was FD.
His response was "not interested...I don't want to lose my job..."
So just suppose DC disagreed with the merger (maybe S/O else gets the CEO as we've seen) or...the conclusion of the strategic review is to sell the company and he didn't agree (which, for the conspi******s, he wouldn't agree if it wasn't BHP...?)