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Well I didn’t think I’d be agreeing with your post 👍
I still hold and I'm well down on this one. But I'm not going to buy on a wide spread just for the sake of it. I see one trader has bailed for a huge loss at 1.6p, that is crazy price to bail given their cash pile. In the old days people would buy the dip but in 2024 people sell the dips and only buy spikes...too many young people in this game wanting instant millions
When are you going to buy Dave 😂
1.6-1.9p online spread if you have a seller which you have why not make the spread tight and people will buy ffs
There's the conformation of Harwood selling, 14 million left approx...how on earth will they clear that in this market. Company should buy them off them or they need to cross them with a new buyer, not enough volumes in this market to clear it unless they really force the price lower
If they keep the current spread at 1.80-2p they could clear this seller in no time, buyers all over it now
Ok am in here
Newgrange are you in here i have bought in STG and now looking at this what do people think the share price will be in 6 months?
Unhooked. Somebody is selling, the price has tanked since the RNS and size is offered.
1.55-1.925p the market makers are strangling the life out of shares now, almost everything I hold has the most ridiculous online spread.
Excellent buying opportunity though
1.5 bid. Ridiculous. MM's clearly lowering bid to dissuade a seller who must be Harwood. This will go on for an eternity unless someone buys their holding. Is Mills holding the co to ransom because he left. Certainly looks like it.
What planet are we on guys? sub 1p here we come!!
Almost feels like they expected a deal to sign and then turns out it didnt
But I do agree that it's strange to buy a bunch of shares and then start selling a few of them within 3 weeks. No idea why they would do that.
Ok Davey, so it's your opinion.
I don't know about all that trading gobbledygook about MMs clearing stuff and "trapping" investors, but here are the facts as presented by the TR1s at least. Harwood snapped up 12.68% on 27/03/24, which they trimmed to 10.76% on 12/04/24 and again to 9.49% on 16/04/24. No further movements since then. It's best to stick to what the RNSs actually say and not over-interpret them, because doing otherwise can lead you down mistaken paths. So, the facts are that a month ago Harwood held no shares and now they hold 9.49%. Tell me if I'm wrong.
Well, as Christopher Mills holds a big chunk and, according to the TR1 is selling following his resignation from Trellus, there’s a good chance any buying will just be sold into.
I take it he’s cheesed off, resigned and is getting any funds out that he can. It could be a slow process as buyers are few & far between.
Perhaps he could see The Company isn’t going anywhere but that’s just my opinion.
2p offer confirms it, cracking price but a huge seller.
Unhooked. Well I checked the holding RNS they had sold a chunk and then you look at the trades yesterday. All buys then all of a sudden out of nowhere you could buy 500k online at 2.4p when it was NT earlier and that was without anybody selling so it's cleared the mm's at first tried to "trap" people to chase then the sell order took over and the price drifted and the size jumped, the pumpers might not like this reality because they do not hold stocks more than a few days but that is facts. I will hold though...can buy 500,000 online at 2.275p atm and sell 2.125p
Thanks, the strong funds seem attractive
Yes WF its at 4pm today.
NG
Am I right in thinking there’s an invester meets company webinar today?
Hearing something big coming that's why it's holding very strong here.
Howard in last fumes.TRLS any time go nuts.🚀
He just made that up to depress the sp in the hope that he can pick up a few more shares on the cheap. This is only going one way and that's UP!
GLA
Davey50, what makes you say Harwood have 15m-20m to sell down? Have they indicated that's their intention or is that your opinion?