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Who do you have L2 with?
sets is an ORDER driven system that allows those with access to the book to enter orders - unlike SEAQ which is a quite driven system only allowing market makers access to the order book. WGP like ZOL trades on a junior version of SETS designed for small caps that trade infrequently. http://www.londonstockexchange.com/products-and-services/trading-services/setsqx/setsqx.htm http://www.londonstockexchange.com/products-and-services/trading-services/setsqx/sets-brochure.pdf
My L2 still showing the 150K on buy side
Unless its a new 150K buy order?
it;s gone an AT of 65k and 85k and a UT of 150k ... note there is still 85k so that would suggest there is still a buyer at 13p...if you have dma you can put in orders to the book although a 150k buy is still almost a 20k gbp buy
Moreforus what I dont understand is that once the uncrossing trade has taken place why is 150K still on the buy side of the order book?
Ahan its an uncrossing trade - close of auction
Wonder if people 11 years ago feel like they have been coned only if they are cone heads
Moreforus - you need to teach me how SETs works
stop telling lies this is sets the 150k was a buy order on the book filled there is now an 85k buy order at 13p
Some funny things happening on L2 - Did anyone see the 150K appear on sell side before dissappearing !
You can ring fence that discussion to the 2009 jump in loans to Mr Riches of £500K. I say that because it is the one loan that we have a) the AUDITED accounts for 2008, 2009 and 2010; and b) the Press Releases from WGP go back to before that period. A line item in the 2009 jumps the loan up to by £500K. Crispin and Neil got £156K of cash interest in 2010 that could have been spent on suing alleged infringers. Plus the 3.3 million converted shares he got for the £500K alone equate to over 7% dilution top side alone. Anyway, on a separate issue, does anyone know of how the other 30 Letters before action for Q4, 2011 panned out?
161,095 new Ordinary Shares following the conversion of the convertible loan stock issued in April 2011 at a conversion price of 90p
13 V 15.5
inktomi - thanks - problem is every time I appear on these boards they think I am in for short term - Which is true in some cases but not all. Its not easy posting on these boards lol - If I had 10 hands then yes I would lol
Not sure why you are attacking everyone. You don't seem to post any facts yourself. Not the HFA needs defending he definitely has been invested here a long time and going back, I have had lively debates with him and gem123 on this stock, sometimes agreeing and sometimes very much disagreeing. Lucky's change in perspective has come from facts you can verify such as the 2010 accounts etc. I am not saying that anyone's conclusions are 100%, they are up for debate hence why this is a DISCUSSION board. It doesn't have to degenerate into insults and accusations.
Moreforus I do think this along with OXS can potentially be multibaggers - The product they have patent - they have everything going for them at the moment. Dont be surprised if we are knocking on 50p again soon.;
apologies then... I think given the current newsflow (despite what someone who sold at a loss says and of course is not biased) then the company is not going under and there are foundations for a recovery..
Anyone invested in OXS will know what can potentially happen to the sp here - convertible loan at 90p and patent deal worth potentially 180million says it all.
yep that figures there is owt wrong with trading but you told everyone WGP was going into administration - and then bondholders convert to equity at 17p and new investors buy at 15.5p and then the company is pursuing a second claim.... so it doesnt look like its about to go into administration really does it and before you jump and down and get even more dull there are no "bad" or "good" stocks or even companies - there are only under valued , over valued or fair valued stocks ....
Moreforus I have been invested in this company since beginning of Jan when the penny sleuth article first came out. Look at my previous posts.
who do i believe - HFA your stooge buddy just bought and has just posted 13p is the bottom? Is that true or is he just talking out of it?? anyone got MHG - just been suspended pending an announcement