Member Info for 15LIVES

Slappy

Whether a trade is a buy or sell is determined by which side of the average mid price it falls.

The average mid price is determined by taking all of the market makers buy and sell prices.

There could be, for example, ten market makers all with slightly different buy and sell prices. The average price is taken from the highest buy price out of the ten market makers and the lowest sell price out of the ten market makers. If your broker happens to be somewhere in the middle it's why your sell could go down as a buy and vice versa with a buy going through as a sell.

Again, happy to be corrected if others have more knowledge about it than I do.

Hi Patxaran

It could be because it's giving the impression that there are more sells than buys, whereas in reality they are equal. For every sell there has to be a buy.

I'm happy to be corrected if I've got it wrong.

Hi Red

Apologies, as I'm probably not explaining myself very well.

As an example, if ten people each sell a million shares and one person buys ten million shares then ten million shares have clearly changed hands.

This goes down as ten sells to one buy. IE ten trades sold; one trade to buy.

So what I was asking was whether that twelve million sold was the amount of shares or the amount if trades.

Hi Red

But is that 12,984,405 shares sold, or 12,984,405 trades with a sell?

Patxaran

When you say 12 million sold to half a million bought, are you referring to share volume or the amount of trades?

Castle

For clarity, I didn't say the White's aren't selling. I said I didn't believe their selling was the reason for keeping the share price down.

With all due respect, I think you need to read my post as you've read it incorrectly.

I questioned the time it would take Serena, Ben and Josh to offload their remaining 3% each based on the White family selling approximately 3% each year since 2020.

Castle

Serena will have to issue a TR1 at 5% and 4% if she's selling.

Even if she, Josh and Ben reduce their holdings to 3% each, that's still three more years of downward pressure on the share price if they continue selling at their current rates.

If the family have reduced their holding from 28% in 2020, as you stated, then it is safe to assume they won't stop until they have completely sold out.

Just because further TR1s won't be required below 3% doesn't mean their selling won't continue to suppress the share price.

Of course, all of this is based on the belief their selling is what's keeping the share price down, which you claim is the reason, and for the record I certainly do not.

The Whites' continued selling that should read, not the White's continued selling.

Castle

Based on your figures, the White family are selling approximately 3% of their stock each year which, according to you, is suppressing the share price and preventing it from going up.

So it's going to take another 4 to 5 years for them to get rid of their remaining shares, meaning another 4 to 5 years of share price suppression.

Even if you get the three TR1s notifying 3% thresholds you are expecting, the White's continued selling below 3% shall continue to keep the share price down for a few more years.

Is that correct?

Dusty

I like my moniker.

It's after the book The First Fifteen Lives of Harry August.

A man forced to repeatedly live the same life over and over, and in doing so makes his living from investing on the stock market as he knows exactly what's going to happen to individual share prices because he's been here previously and seen their trajectory.

The big trades are all delayed publication trades.

Castle

If United Hydrogen are building a formidable portfolio, then why do they now represent 15 companies compared to 37 last year?

United Hydrogen's IPO was intended for last year, which was put back to this month, but has now been put back yet again.

It's good that FEED monies have come through from National Hydrogen, but you really should be asking more questions about the set up there, because if you're just assuming FEED contracts always lead to positive FID then you could be heading for another disappointment and set back further down the line.

Dusty

Twice as long as from the middle to one of its ends.

Patxaran

It's great.

They give me a hundred million shares for each toilet I clean.

I'm beginning to think I'd rather have the money though lol.

Patxaran

I'm already onto it.

I've been undercover cleaning the toilets for over a year now.

Hence me calling it correct so far and now having it as a sell.

Are you the only passenger, Castle with Swazers up front on the dead man's handle!

Do the train tracks finish at a cliff edge?

Sell

Castle

And you're a serial ramper of the highest order.

Hey, Castle what happened to your post only yesterday telling people to be nice and kind?

Please may I gave a clown emoji at 0.5p ?