Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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And there you go, a buyer yesterday at 0.102p sells today for 0.0926p what are these people expecting to happen in a day without news, I've never seen so much impatience in all my years as a trader.
I do find it weird, these 2 back in 2020-2021 were delivering spectacular returns on anything they touched and now it's not even up 5% since they announced their buys but like you say it will happen, people just cannot hold long enough to form
a squeeze in the price, the market makers must be loving all this impatience in the penny share game with 90% buying and selling for a loss again within 24 hours
Buy when it's very quiet.
This could double in a blink on good news,even more.
Question is what do FES know?
I got the 1.5 mil at 0.0988p, was in the process of buying more other accounts when they upped the offer, 5 mil not me. I think you can still buy smaller amounts cheaper than them, around 0.102p
Well someone is.
Expecting more
Nice 5m buy. Somebody seems to be willing to wait for the price to drop and then buy...think we had another 5m buy the other day. Wonder if it's our new shareholding expanding on his holdings.
Very nice holding Kwota.
Hope you do well.
You don't have to worry about the 3%. I'm sitting at almost 8% even with the dilution and I informed them via my broker and nothing. Apparently my broker is representing me and as such if you look at their website my shares sits under Interactive Investor.
It's bonkers actually. In 2020-2021 news of these 2 taking a huge stake would have seen the most almighty scramble for stock and at triple digit increases in price. Today not one buy and 2 people who bought recently have sold for a loss but that's traders for you...I might go up to 2.99% max but I'm not going over 3% otherwise I'll have to tell everybody my name lol I'm not doing that
Under the radar for sure.
I'm staying put,
No one buys 75M just for the sake of it.
Free float is tiny,mcap 400K,
Let's see what happens
Completion RNS on Orchard house next I guess.
For FES to take 75M in the placing ,sure they were given something positive .
Be interesting to see what develops.
Their broker took 50M from the placing,so that's 50K
I have a feeling there's positive news coming very shortly.
Tiny free float here and will move rapidly on anything positive.
Safe bet IMO 0.1 is the bottom.
Keep an eye out for some large trades.
Gla
He's taken 18% for aa reason
Going to get very interesting.
Does anyone in here have had any dealings with Anglo African Oil and Gas. They are currently suspended, and I'm not sure if they can come back or not. Need to do some more research....However I wonder if this investment might be a way for Paul Forrest to get AAOG back onto the market.
I say speculative in the heading as that is exactly what it is, but worth having a deeper look into. If anyone has more info on AAOG please share.
I'm guessing somebody picked up 5 million just now at 0.1045p because 1.8 mil sold earlier at 0.1025p so more size would get less, that is the way to do it, buy size on weakness
If you look at the 2 TR1's from yesterday they equal 125m shares. So I think you can safely assume that's your placing shares just there.
In RNS of Aug 18 125K shares were placed at 0.1p to raise £125,000 with receipt of the monies and settlement date of the Placing shares expected to be around 12 Sept. Do we have confirmation that this has gone through OK?
The .104s are buys fyi :~))
Well also looking at averaging down even more.....but trying to get it spot on (very rarely do). With the latest share issue my holding got a bit diluted :)
Put a message on the Angus board to try and get a feel for Paul Forrest. Would be good to get an idea of what investors over there think off him as that would give us an idea of what we could expect.....
And another 1.5 mil at .0104p I'm just backing off, waiting for yesterday's traders to sell as they will and get cheaper stock. It was full offer before that 317k sale, it's staggering the patience levels of today's traders no wonder their trades are so tiny how on earth can they make money with zero patience
First 3 trades all mine 2.5 and 1.5 mil at 0.103p and 1.5 mil at 0.1042p, test limits because you can get a much better price by lowering the amounts. 1.5 mil was 0.1042p but 2.5 mil was 0.11p big difference
Something definitely afoot.
Why buy 18% of the company.
With the Mcap so low,I guess holders can expect a welcome uplift,and any offer will send this well up.
Here is our man:
https://www.linkedin.com/in/paul-forrest-b94b5298/
All together at 0.1p a market cap of 400k. Shares are available at 0.1038p. Let that clear as holding look quite tight,.
NT online with HL