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…..for another good day. Doubt if we see a performance like yesterday but hoping for some stability around these levels or a slight gain today.

Some very good posts yesterday as well and with regards to headancer's question about the late reporting of that mega trade, well normal market rules dictate that a 'worked' trade can be withheld from being reported during market hours until the order is completed. This can be up to a few days at the most, not sure the exact number of days but there is a caveat being that if a trade is in excess of the NMS of the stock then it has to be reported at the close of the days business regardless as it was in this case.

But as I have said before this is AIM and its regulation and supervision is poor at the best of times, that's why stocks are up and down like a fiddlers' elbow on here !

And about time too !

No doubt there will be press attention and all the city analists will start coming out of the woodwork over the weekend.

There maybe some profit taking, another excuse for the market to accumulate even more stock but I think we can safely say that finally there won't be any more false dawns and the only way now is up !

…..a few sell orders going through the market. The boys with the braces are filling their satchels nicely ahead of the next leg up.

Finally !!!!!!!!

If the top brass don't pull their finger out here and start sliding the rule over MW, the Chinese once in will soon be all in !!!

Yes, a nice cheeky top up. Was rude not to at these levels !

https://polaris.brighterir.com/public/modern_water/news/rns/story/w99p01w

Ok, now we know why the price was held back yesterday.

….and the share price does nothing but I think I may know why. 'Only' 95 million odd shares in circulation and a large majority of those are held amongst the top then shareholders of this company, the free float is probably next to nothing in percentage terms.

The only way the market is going to get its grubby little fat hands on this stock is to continually erode the price and try to 'flush out' some sellers !

Just wait til its taken over !

Can't believe the move again this morning, for me the best part of 30p over the last few weeks or 15% return is just too good to ignore.

I will be looking to get back in if it does get back to 220p as that now looks a significant support level.

Good luck team.

Morning team, after chatting with a few at IG and HL this morning, its believed that the trade was done of behalf of a hedge fund account, maybe a divi play or long-term hold not sure but what we can be sure of this morning is that the 100 day moving average of 225 was busted this morning.

I'm not a big fan of statistical analysis but on the basis that all banks use algorithmic trading and ignore fundamentals nowadays, the BT price in the last couple of weeks has busted through the 10, 20, 50 and now 100 day moving averages.

Will we hit the Chinese toothache this afternoon, I doubt it but come Friday we may !

Team just relax. Let the market play its own game, they are not going to call this stock much higher until they've all filled their boots !

Let them get on with it, we know where this stock is heading, Gold has been proven and we're rid of all that Newmont bid premium so this move is now fully warranted.

Goodbye pennies, roll on the tuppences !

Timed at 15.47 this afternoon, very interesting.

I'll do some investigation in the morning !

Here's a nice page of research :-

https://uk.tradingview.com/symbols/LSE-BT.A/

Roll on tomorrow !

Why invest only 10% of your entire portfolio here. Go big and invest the lot, you'll double your £20 !!

For the last year or so, I can't help but wonder why Northumbrian Water just doesn't take over Modern Water. There's no competition worries here, the market cap is extremely low, the funds are there, it just makes sense surely (stop calling me that !).

But seriously, NW takes over the company it secures all the service and maintenance fees going forward and has an excellent string to its bow !

And Modern Water needs to expand but can't given the limited resources it has presently.

Excellent bit of advice there SM, as I've pointed out before Mr. Beetham is a failed businessman and was made bankrupt by the banks in the last recession owing around £140m !! Its on the web, you can find it if you search for it. He's just a mere punter like PJ, Michelle7771, Aim Trader etc. all the twitter mob !!

Some follow through buying from the states this afternoon and the US market tends to have a rallyette on Independence week may cement this move and who knows we may even hit the dizzy heights of a Chinese toothache this week !

(tooth hurty ! )

Ditto those sentiments 100%. There are so many people less fortunate than ourselves on here and I was in agreement back in October and still am now.

Ok, a few days over 220 will be needed to consolidate the move before the next leg up. Looking for 240 before xd !

Just picked up a few more, it was rude not to. Market makers want to call it down no problem, I'll be back for yet more !

...around these levels will do just fine for me before the next leg up.

Fully funded and fully invested ! (That's me not GGT)

Off to golf, good day team !