Could bring an rns saying syme received an offer and the price is 1B sp 3p ..... .... 4B sp 12p How nice is that. No more ramping or de-ramping. Done deal. Have a good weekend L T H.
After 7 trading hours volume still below 3%. This shows how thin the trading is. Most syme holders are LTH. Watch the volume at these levels, 0.6 0.7 and 1.2. If the volume stay low at a!l these stages sp is likely to fly over 1.5p. All we need now is the confirmation of first tranche income and the projected March income. We may have sparks this xmas.
Volume to this minute is 1.2%. This is still low for this level. This is where sp stayed for days. Expect a much higher close. Sp should be above 1p given what we already know. There is psychological barrier that need to be negotiated. Some people will feel safe to sell and stay at the side.
Nice consolidation, we need 0.65p tomorrow. The news; tomorrow, next week or the week after, even next year is walcome. Some is profitable big time. Lth.
Wednesday 1:30pm = midweek = minimum expect a rise till friday. Friday may end 0.5?p. Everyone expects news next monday. But I will say next Monday 10% Monday 21 12 2020 90%. AZ will make sure it will contain all what is needed for a happy chrismas.
Bought 23m, sold 7m for today. The figures do not add up. 2 10,000,000 are delayed sells. Sells sizes are large compared with buys. Buys in general outstrip sells. Need few trading days to confirm trend.
Sp has to be match larger than 0.86p and need to stay high for a while. I think AZ need to sell some shares at a profit to be able to finance the options, otherwise if he has the cash he could have bought at 0.34p which is much cheaper. So I expect news to push so well above 1p.
Yesterday, I have done some research on rmm but I did not buy any shares. I was thinking 0.25p is high for a recent plac ement at 0.20p. Today I don't know what to say given the new situation . Is it going to be open for business soon? What is the issue here? What is the delay for? What are the expectation for the opening price?
The usual vacine dev time is 5 years. It seems this one was rashed to save economy. No one knows the long run side effects. It will be who dares to take it.
After reading posts on this bb most agree that sp have room to move x2-3 times. It was already there. Whith news of distribution 6p will be on the table. I know some don't like this optimism but it is in the blood brothers and sisters.
Nothing changed with syme regarding work progress. The only thing changed is the communication strategy. PIs were expecting predictions or at least information as progress is made. Due to non disclosure rules syme is forced to supply information later than expected. That is only when work is done. for LTH this does not change anything as sp will be adjusted by profit at the end of the year. For traders, it will stabilise sp instead of the ups and downs. AZ promised LTH to get a reward he did not promise a thing to traders.
RE: Reuters SME Inv Montezation Gulf28 Nov 2020 13:36
In his last interview AZ highlighted the fact that the main problem companies facing with finance is not a problem of a single company but the whole supply chain need help to push supplies from origin to end user. This type of monetization is huge and need consolidated intervention.
RE: Reuters SME Inv Montezation Gulf28 Nov 2020 13:28
Exactly, syme does not need companies struggling with stock management. I myself use small device and spell checker is twisting my words but who cares about spelling as long as the message is clear.