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51.6 to sell and 51.345 to buy at the moment.
Strange trading the last half hour, there are sellers but why hold a false spread so that all the buys at 53p show as sells? If you want to clear a seller surely you want to attract more buying, not put people off? Smoke and mirrors as always...
There are big buyers as well though, those delayed 53p trades are clearly buys
Agree shearclass, as it is clearly evident you can buy well below bid now
Or almost gone, should bounce from here once the buyers return. As I thought, 50p would be the pivot point IMO. Could turn sharply up to 60-70p if the buyers frenzy starts without the seller.
DYOR
The seller is clearly still there as you can buy at 53p bid but is slowly being cleared by 25k block buying. Volume is very good again though which is the most important thing, I suspect this will bounce well once the seller is cleared but it was certainly squeaky bum time at 4.15 yesterday when they dropped the spread to 43-44, got bought up in a flash but shows that you have to be careful with position sizing in this type of situation...
Compared to yesterday , moving up soon I’d say
94'5 open yesterday so dumping complete and a big bounce on the cards.
Wonder if Aberdeen are offloading and if they’ve dumped the lot?
Nope seller gone gone..bounce north soon I think ..
Seller still there and yet to show their hand
loads of buys at 52.5 showing as sells mms running on fumes now
@ 94.5 yesterday so a lot of upside potential here today.
Jakey72, if it is of any consolation, when your bargain was executed, both you and seller were convinced that each made a brilliant decision. Only time will determine such wisdom.
My buys today are in 2 different SIPP wrappers…. For self as part of IHT planning and elder son with 40 or more working years ahead of him.
I would not be surprised if there is RNS for a massive reduction by a fund manager in the next few days. Hopefully takeup of any overhang will be swift and reflected in the share price to benefit all investors.
Good to know and fingers crossed. The CEO bought 34482 at 290p on 29th June & a further 40485 at 247p on 4th July, if he was prepared to spend £170k at that point then I can’t imagine he’ll sit and watch with the share price 80% lower!
Wouldn’t surprise me an iota at these levels who wouldn’t!
£75k, 82k, 58k unknown trades after closing. I seem to recall last time the director buys came through as unknown after hours trades as well - fingers crossed for the same
I invested 10,000 shares at 50p
My only regret is that I didn’t pick up more
Nope the seller still isn't out but they must be getting a lot closer after those two bursts of buying this afternoon.
Having done some more research I'm convinced someone will step in and look to take a material stake if it stays at the current valuation - the debt isn't anything significant for a larger company to take on and you're getting ~$250m of revenue at 45% gross margins. Let's see, but I'd say with the buying interest we've seen in the last 2 hours that this is either the bottom or close to it.
tomorrow guys overcooked by the mms they will struggle tomorrow
Seller out?
the sudden surge is the seller has gone then,
Finally…
Oh blow looks like l bought in too early at 50p
Typical
40p looks nailed on. Looks like 30s tomorrow at this rate IMO.