Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Same thing happened after the 4p placing and the one before that i.e the SP drifted below the placing price before taking the next leg higher.
I should add that for those believing in gap theory there's a gap at 9.7p from 29 Dec. Will it get filled? You decide.
That's good news. Out of the paid-for-PR-interview usual suspects, Matthew at Crux seems to be the only one who asks remotely probing/difficult questions. I have little time for the others (and don't even get me started on Zak chuffin' Mir!)
GLA
Andrbea, I asked SB that exact question at the Shard EEE event in November. He told me an ASX listing would be a lot more admin work (and cost) for their small team and would take their eye off the ball. He seems to think that the AIM is getting them wher ethey want to be in the foreseeable future.
Personally I think EEE will be taken out by someone big well before they need to think about ASX, FTSE, etc.
I just did a dummy sell exercise just now and the MM's will take all the 1.75M shares in my SIPP (I have an ISA also). That's >£200K worth. This is the hungiest I've ever known them to be.
I am in little doubt about where this is headed once the 'buy-the-rumour-sell-the-news' herd have cleared. I suspect some of the non-Saudi placement guys are flipping for a quick profit also. I am hoping for a steady rise in the next few weeks.
DYOR, GLA
Petro
"Sellers in the background. starting to drop!"
The SP rose from 12.3 to 12.8 in less than hour since you shared this gem of your great wisdom. It also hit the daily high.
You don't need me to tell you how daft you look.
I agree with all the above. Morrocco seems to be blessed with rich mineral deposits. Luckily I bought in a little yesterday but added more this morning. The mkt cap is tiny so huge upside potential here. I'm looking for the next Empire Metals and wondering if this is it. GLA
I would not disagree with you MrJinx.
I wonder whether Morocco's attendance at the Future Minerals Forum in Saudi Arabia is related. Morocco gets a mention here with an MoU signed. Who knows what other discussion were had...
https://www.arabnews.com/node/2439051/business-economy
Squib6, my understanding is that market makers aim to hold no net positions of stock neither long or short, Inevitably in the process of doing their job they will find themselves long or short but will strive towards zero and will look for opportunities and use methods to achieve that.
They are not investors, not speculators, but merely provide liquidity to the above and make a profit on the spread.
I spoke to a mm in November. He mentioned that people over-estimate how much info they have on the securities which they work with.
Dazzler still hunting for VMS's, conduits and conductors. If only there was a price/tonne for such things.
These graphite grades are modest - future drills need to be better and numerous.
I've never been convinced by Darren and was slated here by the pumpers for saying so a while back. The SP is the only scoreboard.
I'll stay on the sidelines. Thanks for posting the video Jimzi.
VAST has lost 99.982% of its value since the P&D highs. £10,000 invested then would be worth just £1.80 now.
Yet the stock is still promoted by an army of pumpers who say the company is a great place to invest.
But it's definitely NOT a scam of course. (thanks for the laughs)
I hope you tell your friends and family an honest account of what your life entails. I pity you.