The delayed 100,000 prints have been happening long before the 2 days you’ve been here….since the beginning of Feb to be precise.
Early today there was a 100,000k real time buy, I didn’t include this in my last message - only including delayed prints in blocks of 100,000 & 200,000 explicitly.
For those of you new here, we’ve been stuck in a trading range of 6p(low support) - 11p (resistance) for a few weeks now,
An excellent fundraise was done ensuring financial future of the company above support which indicates we won’t drop below it, we rarely test bottom of support and usually bounce from the amber 7p zone.
Our buyer continues to load up and must be sat at 20% of issued capital by now, the TR1 will arrive after approval imo with need to remain anonymous. Game changing news can arrive any day, it’s a case of patiently holding and buying the dips when opportunity presents itself.
Last week our buyer took over a million shares alone over 3 days (didn’t track Thur/Fri) so a measly 2m shares will get chewed up pretty quickly! Hopefully he’s feeling peckish and we’ll get through them in a day.
Support is 6-7p and I don’t believe we fall below it, in fact after a small drop i believe now funding is out the way the next attack on resistance will see us push through!
Next few weeks will be game changing imo! GLA
Very happy with the fundraise! Considering the amount 6.5p is definitely a fair price and will see us through to well after production begins. GLA
‘The net proceeds of the Subscription will provide the Company with working capital to support the strategy to progress the Phulbari Coal and Power Project through the next 16 months on the Company's current cost basis.’
12-Apr-24 10:00:08 9.3499 100,000 Unknown* 9,350 O
There’s another one for you!! Now that’s a block buy, understand first what a block buy and a block sell are and then come back and lecture the rest of us!
Dustbin you’ve also mentioned market manipulation on the share of yours i was just reading, well consider it the same here given we have an actual active block buyer hovering up everything!
Say your peace so i can read it soon before adding you to the filter list.
Dusterinmong
Posts: 4,615
Price: 1.35
No Opinion
RE: Pop Pop and Away9 Apr 2024 15:24
500 k buy money moving in now
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That’s a £5000 buy and you consider it ‘money moving in’ 😂 followed by posts which are much ‘rampier’ than anything the ‘tools’ post on here.
Yesterday i posted 27 x 100k blocks bought in a day by our buyer amounting over £270,000, the same buyer that’s been buying every day for over 2 months and it’s water off a ducks back?? Lmao ohhhkkkk matey!!
‘Some on here think it's a one way ticket but it's far from that’
Are we referring to whoever's bought 30+ million shares recently or forum posters?
Duster you don’t know your elbow from your a**e that’s clear, we know your opinion is 100p takeover, we’ve heard it 100x already. We have a few tools posting here, you being one of them.
Confirmation of approval will bring a triple figure SP, TR1’s and more JV’s for different aspects of the project will filter through, this will see the SP rise further before work begins back end of 2024 early 2025 and a potential quadruple figure (pennies so £10+) offer is made for GCM by the Chinese imo.
11/03/24 - 16.28 - 100k buy
11/03/24 - 16.05 - 100k buy
11/03/24 - 15.58 - 100k buy
11/03/24 - 15.56 - 100k buy x3
11/03/24 - 15.49 - 100k buy
11/03/24 - 14.48 - 100k buy
11/03/24 - 13.11 - 100k buy
11/03/24 - 11.31 - 100k buy
11/03/24 - 11.11 - 100k buy x3
11/03/24 - 11.06 - 100k buy
11/03/24 - 11.04 - 100k buy x3
11/03/24 - 10.50 - 100k buy
11/03/24 - 10.49 - 100k buy
11/03/24 - 10.45 - 100k buy
11/03/24 - 10.30 - 100k buy x2
11/03/24 - 09.43 - 100k buy
11/03/24 - 08.22 - 100k buy
11/03/24 - 08.20 - 100k buy
11/03/24 - 08.00 - 100k buy x2
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As i was looking for the last message posted I came across this, figured i’d repost just to reiterate what i was saying earlier about starving the buyer and making him pay more.
11/3/24 was the day RNS dropped, most if not all the 100,000 block buys were bought above 10p (there were 200k blocks too but left them out) - buyer had a sweat on thinking the SP is running away from him, profit taking and manipulation resulted in the SP dropping back down but now we’re back here again as expected.
He took over 3m shares IN A DAY (inc 200k)…make him pay!!
https://www.londonstockexchange.com/stock/GCM/gcm-resources-plc/company-page
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For anyone wanting to check for themselves, you can do so here. GL