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I've had a small buy order with limit price of offer (2.6p) and I can't get it to fill.

Approx 116k shares sold between 12:06 & 12:12 and they still won't fill my order.

In fact even though the only trades for 15 mins were 3 sells, MMs raised the bid. And ignored the offer they won't allow us to buy at!!!!

I don't want to put an order in with no limit, I dread to think what they would fill it at.

No idea.

I still think MMs are short of stock but know many traders and PIs are watching ITS and any show of another run and they will all jump on it leaving MMs with nowhere to go.

They are walking bid down hoping to hit stop losses and for bored holders to sell.

Yet they will take £30k worth without NT but won't sell you £260 worth!!!

If its not MMs short from last weeks epic rise then they know something is about to land.

Just look at those last few trades, only 310 & 502 & 117 shares traded. MMs just won't sell you any without a fight.

Can't buy more than 10,000 without going NT

That's the first mention I've seen of short positions in ITS

If there are, it won't be traders, it could be the MMs from last weeks rise they had trouble filling.

It would explain why I am always able to sell between 100k & 600k shares at bid or over without going NT

It may be interesting later today because most MMs have month end targets to hit.

This may involve buying back up ITS shares hence the willingness to take huge quantities of stock well many multiples of NMS

Https://ibb.co/0yGnCYT

Nm

Check out AURC on NASDAQ for some blank cheque company action!!!

This isn’t a ramp because i haven’t bought any but this company is now worth $200m waiting for a reverse takeover to go through following announcement on 26th July.

ART123, your really trying to paint the grimmest of pictures.

We buy into SPAC and shells to make a profit, its a thing.

I'm sure if you dig around, you'll always find some which didn't work out. I personally hold on to two. (HWC & INFT) but the money I've made on others, more than make it worthwhile.

These directors are no stranger to the AIM and have a pedigree worthy of the speculation.

If MARAX come off offer, 3.7 to buy from 3.3!!!

Still no one wants take the lead.

As traders exit with their beer money.

Nothing to see here til the next RNS lands. Should I buy more a break the 3% barrier 🤔

If you really did understand fundamental analysis you wouldn’t try to ramp ICON, the share printing machine, only still on AIM to print money for EHGOSF.

That company and anyone who pumps it is a disgrace.

Made good money out of ICON a few years ago and escaped when the ramped up the printing machine but everyone is wise to it now.

Huge spread, normally a sign MMs are trying to discourage day traders. It’s the only ammunition they have to avoid another run.

Roger, I bet we’re not the only ones.

2 were buy driven, 2 were sell and hoovered up nicely

And todays session had approx 50% more sells than buys normally this should result in a big dipnbut share price was up 40% on the day.

Less than 40% of 52m shares in public hands. Approx 20m shares. And I have approx 1.5m of them 😬, there are many others with just under 3%

There’s a lot of new holders in a 100%-500% profit not getting spooked by the shakes.

If there’s any positive news, MMs will struggle to find sellers below 10p

Bid/offer 4.00/4.20

I am offered 4.0875 for 500,000 and 4.16666 for 400,000

There is a strong demand still.

Regarding RTO RNS, it has been mentioned before, when the RTO commences, the shell shares 9 times out of 10, suspend while the new share capital is sorted out.

Sometimes this suspension is months but we know in this case everything has to be in place by 27th Sept.

Going back to your comment you won't be able to buy shares, this will be the case if suspended and we also won't be able to sell.

I have 2 RTO's which have been sitting there for years (main market doesn't have the 6 month limit like AIM), but my AIM holdings on return in which ever guise, was worth more than when it was suspended.

Can be placed at full bid without going NT

I'm still looking for the equivalent list for the UK market but check out the market cap of these SPAC/SHELL companies on the US market for an indication as to why investors buy shares in shell companies.

List of Special Purpose Acquisition Companies ('SPACs') that have not announced a pending merger

There are currently 666 SPACs that have not announced a pending merger. These securities are common stocks. Don't forget that SPACs first go public by issuing a unit. So there are usually 10 or 15 SPACs that recently went public by issuing a unit and their common stock is not yet separately traded. So those SPACs also have not announced a merger.

https://stockmarketmba.com/listofspacswithoutapendingmerger.php

The valuations range from $6m to $4bn!!!!!!!!!!!

One of the biggest draws to an RTO for a listing rather then IPO is the saving time and cutting red tape and regulatory hurdles.

When you reverse your larger company in, you are not 'paying' 50x its value for the privilege.

You are issuing shares, there will be an enlarged share capital and the old Shell stock will make a small percentage of this.

$850m cash was raised for Allwyn when it was going to reverse into CRHC SPAC creating a company listed on the NASDAQ worth over $9bn

Everyone is a winner, CRHC (shell / SPAC holders), Allwyn shareholders and new shareholders are buying into the prospects pf the newly listed company.

Crudely and simply put, this is how an RTO works.