Member Info for Alfacomp

If you ask me though the SP moves up have not been incompatible with the observed Buy/Sell balance

James - the issue is not the number of buys but of course the balance between buys FROM the MMs and sells TO the MMs. The former have exceeded the latter in the last two days. The SP has moved up but perhaps not as much as you might have hoped for. This may be due to the fact that there are sells behind the scenes that are yet to be revealed (eg as the 400K Vaneck Sell(s) of yesterday ultimately showed) or that one of the MMs has a tame seller set up, yielding a share overhang that they are selling short into.

Bearscarer - of course nobody else could come along tomorrow with Flubush mixers and replicate their business overnight !

Larger too, Sanchez

I guess it is because Ophidian really knows what he is talking about.

Indeed there are many buys that are being represented on LSE as sells - I make it 542,985 buys vs 133,995 sells

now 4 : 1

3 : 1

yeah it's just like rain on your wedding day Ophidian

Welcome Paludina_21077 I suggest that you read the research on TPEP's short position that I posted earlier on.

Pigpen - what I am actually saying is that TPEP ARE CLOSING THEIR SHORT POSITION, THE MARKET MAKERS KNOW THIS AND ANYONE WITH ANY CASH WHO WISHES TO MAKE SOME MONET SHOULD BUY BUSHVELD SHARES

If nobody has spotted what I am saying - I am saying I think that TPEP ARE CLOSING THEIR SHORT POSITION.

Alfabot never sleeps YTSS

Jagadish , according to the Invesco annual report, published yesterday ( http://lt.morningstar.com/4fxb7kubzm/stockreport/newsItem.aspx?id=PRNRNS_201907310200PR_NEWS_UKDISCLO_0008 ) their holding of BMN was valued at £ 984,000 on the 31st May 2019 (SP=30.0p). I make this 3.28M shares.

I wonder if Invesco loan out their shares also.

Indeed JMC - that 400K (subsequently repeated as an Inter-Market Maker transfer) still leaves an excess of Buys of 1.1M yesterday . The suggestion made by mcgrco that the Vaneck shares were not being sold down because they were in some way impeded, subsequently refined by others to suggest that they may have been impeded by being lent out to a shorter, implies that Vaneck may only have been able to reduce their holding as a result of the short closing somewhat.

This may be the origin of the 500K (at 8:26) and 300K (16:22, 6 minutes before the Vaneck 400K Sell) buys earlier in the day. Remember of course that TPEP's short position of 0.71% (7.9M shares) is something like 160% of the Vaneck 4.9M that had remained - thus TPEP would have had to borrow another 3M from someone else.

The interesting thing of course is that this is only just the start of the short closing (800K of 7.9M) so if this is correct then you can expect this to go on for some time yet, and at higher prices.

Mike - I would say you have it about right.

pb940 - well we can get all that we need from him via his official broker notes. If that's not clear enough for anyone then either there has been a major mistake made or the reader needs to go back and do a bit more research.

Pdub, John Meyer was certainly enthusiastic when I met him at the mine in January

it's still 65% above where we are now

Correction, 60 minutes