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I am probably wrong but have been convinced for some time a 3rd II is in the mix. But yes, those large ones today could well be V.
They continue, just like every other day. Nrly 3% (14m) of the SII have been traded in 5 different 5-minute windows.
Intra day and after hours off book trades - I can't but help believe the volume of these, day in, day out, does not reconcile continued TR1's. Seems each TR1 is an increase holding of circa 0.5% ~ 2,376,668 shares. Off book volume substantially more than this.
A 3rd buyer could be a distinct possibility.
18 gone!
18p - very little left. That 750k sitting on L2 yesterday has gone. It didn't drift too much intraday yday, ending up flat ~ v encouraging.........
Insitutions? Glass of red for Traveller.......................
They are still buying, no doubt about it. The climb to 18 has been steady, now top of the FIB, but not overbought as yet. There is a trade here soon as it will dip, but from where to where is anyone's guess.
The 20's look a very really possibility on this run before a small correction before the vote information.
Advertising for 2 jobs as posted on LinkedIn would seem encouraging and perhaps even give some clues as to how confident AMGO feel given where voting is.
Shares can dive when you least expect, but currently it seems that Amigo is on course for a solid reversal in fortunes. There hasn't been any mention of future product offerings yet, for obvious reasons - this will more than likely surpass 50p - if the vote goes in favour, followed by new lending products.
All to play for here.
Week in, week out since 2nd week of February.
More.........
Tis looking v good thaw is it not......
Is very possible here.
Combining the TA and news tonight, this is a strong buy currently.
No way would these 2 II's continue to buy at this time if there was any forward looking doubts coming from the BoD.
The news tonight is a massive buy signal, perhaps more of a buy signal than during any other recent holdings news - the AMGO team, I am sure, will be working on their new offerings right now, and the range of financial product will be very exciting at a time where it's services will be very much needed. Fresh ideas, speedier applicant evaluations, more stringent applicant due diligence, digital lending; it's all to come I would predict....
A huge database of potential customers too, lending within Best Practice guidelines, the BoD must be very excited and focused at this time.
Another holdings...................good news.
14.85p finish, last trade being the highest of the day, would be exceptionally bullish going into next week.
This week I would suggest.
A perfect Dragonfly Doji on close could indicate northwards movement tomorrow and beyond. 13p could well be the new support level, which is smack on the 0.382 FIB. One whiff of another holdings RNS will put AMGO to 24.99p or thereabouts over the coming sessions.
Eyes on the MACD - tomorrow's open will be telling. GL.
More to come, could be today. Large after hours and intra day off book have been continuing over the weeks...
This chap has proved rather helpful I'd suggest ~ https://southsquare.com/barristers/robin-dicker-qc/
Have a look at the charts yourself Bryn. The RSI isn't ridiculously high, the MACD looks likely to crossover tomorrow/Friday. The volume is huge.
The practical side - news front, is telling the story that it is very likely the SoA will pass, and relending will commence. The hiccup potentially is AMIGO may be forced into surrendering more the the suggested profit into the SoA. That I guess is just reduced profitability.
GL. Looks good currently.
Seems the TA is suggesting potential 28-29p in the coming days, looks realistic.
Huge off book trades remain, an attractive stock to be in overnight.