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Free float has got to be 5% now. Which is approximately 1.65bn shares. That equates to 500 retail investors with an average of 3.3m shares. One more day of this tomorrow and then sells will dry up.
We are being told what is happening. We are telling others what is happening. And yet retail investors still sell. Stop investing in companies you can't be bothered to do any research in.
It isn't. This person is a complete nobody. Institutional investors still want in. So the MM's are dropping the price to scare retail investors into selling or hoovering up their stop losses. This has been happening for the last 10+ trading days. Free float will be less than 5% by tomorrow.
More of these in the future please. This was brilliant.
One thing I'm sensing is AZ knows how to overdeliver. I think the quantity and size of contracts is going to look substantially different this time next year and even at the current level, this business is going to be huge.
Called it.
In the sun trying to squint at that. Those projections are meant to be in the hundreds of million? So £200m not £20m ??
Big volume again today. Looking at reported trades so far, not many 1-3m trades. Hence some more huge trades being filled.
MM's are against retail investors until the selling stops and they understand what the floor is for the free float. In the coming months MM's will indirectly be on our side.
Not really. It's what has been happening for two weeks. MM's dropped the price, got stop losses and panicking retail investors and filled this big order.
Even positive news is an opportunity for MM's to hoover up short retail investors and stop losses.
Just sell up. Almost everyone invested is long. II wanting in too, who are also long. If you can't wait a few weeks or months for the share price to move up, then just sell and try this approach with a different stock.
Great points Savvy6. Only a few weeks ago I was mocked for highlighting how few more 100% days this stock needed to make us all lot's of money. One poster explained that's not how it works, missing the point if the post. But I did eleberate on others. We won't see moderate gains year round with SYME in my opinion. We won't see 2-3% daily increases, the odd 10%. I believe for most of the next year the share price will be flat. We'll have days though where it jumps 10%, 20%, 50%.
Even 100 shares consolidated into 1 at this level is just 70p per share. But long term we could see the share price increase 100X. Which would then become £70 per share.
So I think we'll go from 32.5bn approx' to 325 million shares.
Roughly 7p per billion market cap.
Let's say 1000 companies by end of 2021.
Average contract size £10m, total Inventory £10bn
Revenue £200m
P/E ratio 10 = £2bn market cap
P/E ratio 20 = £4bn market cap
P/E ratio 30 = £6bn market cap
Average contract size £20m, total Inventory £20bn
Revenue £400m
P/E ratio 10 = £4bn market cap
P/E ratio 20 = £8bn market cap
P/E ratio 30 = £12bn market cap
Average contract size £30m, total Inventory £30bn
Revenue £600m
P/E ratio 10 = £6bn market cap
P/E ratio 20 = £12bn market cap
P/E ratio 30 = £18bn market cap
Let's say 1000 companies by end of 2021.
Average contract size £10m, total Inventory £10bn
Revenue £200m
P/E ratio 10 = £2bn market cap
P/E ratio 20 = £4bn market cap
P/E ratio 30 = £6bn market cap
Average contract size £20m, total Inventory £20bn
Revenue £400m
P/E ratio 10 = £4bn market cap
P/E ratio 20 = £8bn market cap
P/E ratio 30 = £12bn market cap
Average contract size £30m, total Inventory £30bn
Revenue £600m
P/E ratio 10 = £6bn market cap
P/E ratio 20 = £12bn market cap
P/E ratio 30 = £18bn market cap
Gonna be blunt. These guys are literal ******s. Try as they might, they have no influence. AZ and SYME keeping hitting home runs. You ******s have no influence over contracts and lenders. Lol
This is a great sign. Even if this carries on throughout next week, I'm okay with that. Let the numpties sell.
Still big orders to fill. This will continue so long as short term investors are involved. Free float is getting smaller and smaller. Would rather hold a share with 1000 people who are long than 10000 numpties.