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I read it as the reason for the linear growth is a function of a limited number of testing kits and processing of those kits available per day. I.e suggesting they are only testing the same or similar amount everyday which is why number of confirmed cases is staying in a range
https://twitter.com/scottgottliebmd/status/1225910547822120961?s=21
Given the 6m share trade represents over 10% of the stock traded today I would suggest it was buy driven.
On the slim chance it was sell driven, this bodes very well for holders as MMs wouldnt have taken so much stock at 2.2167 if there was an opportunity of cheap fundraise stock coming anytime soon.
I've checked out all the warrants and the excise prices range from 9p to 18p so no warrants excersised.
2 down, 3 to go....
Buy on rumour......
If Bolnisi is that close to production with the grades yielded the value of this asset even in these early stages is worth £xxm
The other 4 deposits are a bonus.
Lots of speculation and wild estimates but if you dig a bit deeper into Bolnisi you will see the true value here and why the MMs are not going to get cheap fundraise shares.
GEO is on an upward trend until a 10p platea before more news on other deposits.
Note the word ‘deposit’ used in RNS. These are proven deposits not high risk exploration prospects.
A good sign the fundraise will be well above current price is that its still possible to sell massive quantities at these levels.
MMs would not be taking stock at 16:00 onwards well over bid if they knew they would be picking up cheap fundraising stock anytime soon.
Waiting for the 16:15-16:30 sell off. Will hopefully be able to take traders shares back below initial spike price of 2.2p
Tomorrows open will gap up. Fundraise will happen but if GEO can justify an mcap of just £5m it shouldn't be less than 4p
Gap up to 4p tomorrow then a spike to 6p to allow clients to offload their 4p shares.
Strong buy at these levels to take advantage of the insider spike tomorrow.
Todays 200%+ rise holding it back as the rise frightens off potential long term investors.
Tomorrow is another day though. I suspect another 100% to take SP to 5p level.
The rise will be used as an opportunity to raise funds but looking at the prices directors have bought in at I can't see them letting MMs off the hook for less than 5p.
This rise has legs till it settles friday and we know how much the bod can squeeze out of it.
Surely there will be pullback from a 160% rise to give retail buyers another opportunity?
Wouldn't Stefania Barbaglio buying up to 3% of OBC be classed as insider dealing?
stefania@cassiopeia-ltd.com
Very interested in ROCK as a medium term hold. Just liquidated £10k from ARB.
Do I hold for a retrace or do you think this has lomg term legs?
I was an early holder of Sol Gold going back to its first spike to 12p then its next intraday day high of 86p, didnt sell :( and heavy buyer between 3p & 1.5p, the rest is history. :-)
Rock has similar prospects to SOLG if not worried about a long hold with a few scares along the way.
Could be bringing anything from his existing businesses to the table from mining to financials!!!
Anyone going on 22nd? I can’t make it but are they likely to divulge anything without RNSing it first?
Best avoided and take off my watchlist.
Traded during spike, kept it in my watchlist.
Has to be worth a speculative punt at these levels.
£5k to £50k on a simple rumour and news on the oilfield.
Any thoughts on the conversion price of the loan notes of just 5p!!
We've had options go out to DMH with conversion price of 35p, previous loan notes at 10p not we're down to just 5p.
If HWC does eventually relist, does this offer any suggestions as to price shares may return to market at?
Disappointing after 3 years if they don't manage to come back to market at a premium.
Does anyone have any experience of loan note pricing compared to market price?
Cheeky little RNS as directors continue to buy at these levels.
ZTR Acquisition Corp. Disposes of Oil and Gas Assets in Debt Settlement Transaction
19 June 2019
Https://www.globenewswire.com/news-release/2019/06/19/1871536/0/en/ZTR-Acquisition-Corp-Disposes-of-Oil-and-Gas-Assets-in-Debt-Settlement-Transaction.html
Oyster Oil and Gas Limited: Http://www.oysteroil.com/splash.html
Nice holding and sensible expectations without blatant ramping. I personally have a fraction of your position. I have dipped in & out of ARB. I had an account with them accumulating ZCASH before they shut down the subscription service.
My price targets are dependant on how bullish BTC runs. Talk of USD20k USD100K USD500k price predictions for bitcoin would have ARB 100x todays valuation but a 20-30p would only put mcap at GBP50m ish which is cheap compared to peers.
The masses are still scared of crypto but its here to stay and I like the change in direction ARB has taken. They have basically become an investment vehicle with BTC as the underlying asset. A bet on ARB is a bet on BTC
Screaming buy if you have the balls to ride the BTC roller coaster. I predict USD20k BTC will be broken before year end.
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