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Zero hype. No interviews/articles
20p Monday
Indeed. Back on Monday.
Not long now
Just hope this relists before the tech bubble bursts. Looks like another hit from the Spinnaker crew. Although the PR girl is a waste of time.
Started: JMole, 26 Aug 2021 08:47
Last post: JMole, 26 Aug 2021 08:47
The spread quoted on here is well off, 15.20 to buy and 14 Sell isn’t it!? Hence everything is showing as sell.
Started: superseagull, 20 Aug 2021 22:23
Last post: Gloster, 21 Aug 2021 20:51
Good stuff. No one's looking for a quick 10% here, a rarity.
In case anyone looking at 'SPAQ share trades' is wondering who is selling two tranches of about 135,000 shares....
All I did was 'bed and ISA' 135,000 shares. Both are showing as 'sells' for some reason, but trust me, one of them should say 'buy' because they're now sitting firmly in my ISA, awaiting multi-bags!!!
Started: draft, 29 Jul 2021 16:18
Last post: Gloster, 10 Aug 2021 20:37
Slowly slowly..
20p would be a good short term target
Indeed
Uptrend continuing nicely .
Good news .
Best of
One hopes to achieve ,
Best of
Started: superseagull, 3 Aug 2021 09:32
Last post: bbr391, 6 Aug 2021 17:25
Looks very Interesting .
Best of
Nice one. Time to tuck these away and await the multi-bags
Thanks Gloster, called ii and you were absolutely right. Sold at 12p and repurchased at 12.025p. Took a while but all sorted.
Doesn’t work like that with a bed and ISA. It’ll be a minimal spread if you tell your broker to B&I it. Tiny spread and the buy and sell are done seconds apart.
Unless someone knows something I don't, transferring the placing shares into an ISA requires the sale of the shares and repurchase, and with such a massive bid-offer spread, then you're going to lose money big time? I bought a decent chunk of SPAQ in the placing and want to transfer them across using my £20k ISA allowance, but no way I am selling at 11p and buying again at 13p/14p.
But they all exceed the annual allowances for either. Also would need to show a sell, perhaps we might hear something on Monday
If it’s paired trades (I.e same quantity within a few seconds) most likely an ISA/SIPP transfer.
Amazing buys at the close, 1710000 at 15p.
Forgot to add another thought, it could be an investor that bought to get the warrants then sold.
JMole, this is a possible explanation. The spread could be due to there not being a market. To have a market you need buyers and sellers, in this case having just come on the market this will take time. What is this companies value? Shortly they should be doing interviews and talking about what they are doing and how. Andy did this last time with SOP. The sells on Wednesday were because the shares in the placing were tightly held and this was planned to create liquidity of about 10% . I think most of the people that participated did so to hold until a transaction is completed. The sells today could be part of this, why would you buy at 10p and sell after two days for 10p. Possibly a large order from someone wanting to take a large position that may necessitate a TR1. Just a few thoughts GLA
SOP placing was at 5p
Yes placing at 10p warrants at 20p. It's not going to take as long as SOP, that was more complicated because of the cannabis angle. I would like to think they have a good idea of what they are targeting.
the placings been done at 10p looks like, might as well wait for that to be reached on the ASK. SOP came down to 5p i think, think that was my entry there
dunno if i want to wait as long as Spinnaker again
Up and running. A bit under the radar but hopefully that will change.