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All I know sparky this was heavily shorted August September to the tune of 800k plus and the price didn't bring out that many to cover the shorts and what was clear after the January RNS whitch was great news the share was ramping away MMS were losing control and was again shorted to bring the recovery to an end and Pi' s became nervous .most of the shares are held by LTH and free float if any is small even at this price the pi's are not selling so where do we go from here ? That why we need the nomad to have a look at what's going on, the figures just don't add up unless Bobby is helping the market by borrowing his shares to pull them out the quick sand We will no the answer to that one come next RNS If it's as half hearted as the last one then the MMS have got bobbies ear by the looks of things I hope not . All imho but been here from the very beginning of the drop from £ 13 and some of the trades have been , let's say confusing appreciate your take.
By my calls we have had over 150k of. It’s the last 3 days alone. So we are close IMHO The 150k has been chewed through, so the question is how manny does the buyer at 65p want ?
There is no other explanation as NMs is 1000 and you would not be able to sell 20 and 30k stack at mid price.
My theory,
When around 80-85p a large sell order was placed and offered 68p by a MM.
The markets are slowly collapsing the longer this COVID 19 continues.
The MM has a buyer but they will only pay 65p.
So the MM is selling at a loss currently as he cannot her enough stock after dropping the sell price to 61.5p he is picking some up but not enough.
Once the 65p buy is complete my theory is there will be a sharp rally as an obvious stock in balance but this will not happen until the deal is done at 65p.
I have been back through the trades shown on the London Stock exchanges website and have no idea where they are getting shares from if those two final trades are in fact buys. 3 days running there has been either 20k or 30k shares traded in the last 2 minutes of the day. On all three days there was not enough selling for the MM's to have the shares available to move on.
Perhaps one of the more experienced board members will be able to provide an explanation as I am baffled.
16:26:22 01-Apr-2020 65.00 GBX 30,000 19,500.00
70k buy 1.8k sold and no rise MMs have no morals, If it wasn't bad with what going on now, we have there tricks to put up with? any way follow the money could be the first multi bagger its got every chance. suggest LTH get in touch with nomad as whats been going down here needs investigating .
Where they going to get the share from to work this 30k buy ? you would have to be mad to sell at this level , that 19 k looks like a short closing fun going to start here tomorrow
Another worked buy at 65p 30k no less.
This is going to break one way or the other in a big way shortly once this 65p worked amount is finished.
any decent amount looking at 71p plus it going to climb now on every buy shorts I think now closed MMS looking to go long now so put stops on your shares as I still believe no shares out there.
Can't buy below 68p - missed opportunity!
anyone siting around on this is going to wish they bought there ticket sooner
couldn't resist
On share centre I am getting offered:
64.75 to buy
61.60 to sell
It is not just YU - No trade plan options available tried three other stocks on Iweb
"No trade plans options available" so I can't put in an order to buy below 64.75p (but not going to NT).
Both here and on twitter I have read a few things that could possibly be going on:
1. Shorts closing
2. Someone buying in chunks to build a large holding (Has to be done slowly given the low number of shares in circulation)
3. Steady sell off of a large holder (Potentially one of the II's but I doubt it given the SP could have easily dropped further if they were distressed and selling in volume)
4. MM's are absorbing a volume of shares knowing they can move them on at potentially a 100%+ premium in a weeks time (given the are aware that news will be significant and positive)
5. The drip of sells as a result of Covid19 has allowed a steady slide down to he current level which means we may have to wait a little longer to see a steady climb back to a more reasonable level.
One thing is for sure: There are not many businesses on AIM that have more cash in the bank than the MCap (That should be a good enough indication that YU from this level is a safe bet)
They will drop us to 60 to 65 shortly amazing when days of buys. Its basic psychology.
I am hopeful We are going to bounce very hard soon, something is happening around 65p and I am sure we are close to whatever is happening concludes
Just bought 753 shares and it’s showing as a sell instead of buy? Fishy ...
okay.
Just tried a dummy trade can buy 1000 shares at 64.999p.
Let's see what happens later this afternoon.
The system accounting in place now come what may will give a gross north of 27% minimum so please tell me where you get your figures from ? in order to lose that kind of money they would have to give away every bit of electric they sell in one year. your talking complete cr-p You seem to forget everything sale's driven is controlled by balance and counter price policy and yes that is taking into account bad dept beyond 15 days going from memory . up to this point I think the average for invoicing is currently 9 days and no longer than that.
It may not be your fault that the SP has dropped but you are responsible for the use of the buy/sell button with your broker. Complaining on here will not help your position.
All we can do is wait for news. I personally think it will be good and as such have continued to top up over the past weeks.
How long will the cash pile last if they suddenly make £80 - £100m losses?
It's not me that has dropped the sp to 65p - I'm nursing losses from 190p, 171p, 150p, etc etc etc etc & etc
Let's look on the bright side - oh there isn't any yet.
Good point
only the strong will survive and that creates huge opportunity to the survivors. Cash pile and new set up with Smartest was perfectly timed
Not to mention Yu can scale their own growth plans and wholesale energy costs have gone even lower...
If Yu. cannot survive no one will ? have you really no idea of the cash position here, by my reckoning with there cash burn the trouble we find are self's in would have to last 7 yrs keep this in mind when your looking at your other investments.