Member Info for Andygolf

I was just posing possibilities. I still think this large sells are the IIs forward selling the shares they will get at 15p.

They think it will go lower? They bought them at 15p? Who knows.

John. It’s doesn’t matter where the SP was in 2016. The company is worth 4 or 5 times more than 2016. This is what dilution does. The pi is poorer but the company is worth a lot more.

John. The IIs have seen a return. They would have forward sold the ones they got at 15p on the last rise to 20p. The shorts are now 8.5% plus.

What by correcting mistake on the last RNs.

GK. in terms of actual good news, there will be none until September when hopefully the bonds will be sorted. As a risk/reward and apart from traders, what is going to get people to invest. What the last few days have showed is to be aware. Any rise can quickly disappear. We are currently 20 odd percent down since Fridays high. What has changed since Friday. All this will do is entice traders and rip off the naive.

Litc. If you go to there website they did.

So norge own less and shorting more, although not a lot still more than most of us have got. Who did the maths.

Yes but don’t forget we will shortly have an extra 2 billion shares so if the share price remains at this level. The Mcap will be a lot higher. That’s why dilution is so hard. The company goes up in value but at the detriment to the SP. When people say the sp was higher before planning penissiom, yes it was but the company is valued much higher today . It’s just that the pi has not seen the value rise for themselves.

Just one of your many posts yesterday.

Tue 09:18
I bought at 16.50 so in profit all ready but not selling till reach my target... SXX sale soon over..

Donotpanic. Do you now think we have the mental capacity to remember the posts in here for yesterday. You stated you bought at 16.5 p and holding and the sp would finish at 18-19p yesterday. You spouted about setting a target and sticking to it. You said you hold and not sold. Now you reckon you sold at 20.3 p a few days back. What a plonker

Oh and the shorts have risen again.

Brad. People are making Norge sound like our saviour. They have actually been a shareholder in sxx for a considerable time. They are involved in the shorting through the amount they have on loan. They are not doing that for the good of their health. We need to stop thinking the II are here to invest in SXX. They are here to make money from the PI. End of story. They have all ditched prior to the bad news. They have all took the diluted shares at 15p and the last rise to 20p last week was probably them offloading the 15p shares they do not yet own for 20p.

Not really Alan. That’s about 12.5%. Not bad discount for free.

Yes but Norge bank are also shorting so they long and short. Hedging.

Need 17p to hold as can see this going through the 16s quickly. Hold 17p

Seriously.

Not for 1 minute.

Thanks Scotsman. At last someone responding to these ridiculous posts made up of drivel.

Well he got it right then at 25p lol.