Member Info for BagMann

Breaking 700 now and the aggressive discount seller only appeared for about half an hour today so once over 700 should stay well above. Singer are i think still selling but moving their ask up with buys as opposed to the price setter who was constantly driving price down despite constant buys

Yeah 32k share buy would definitely disproportionately affect the market..best part of £200k..

@shicky ..apologies I thought you meant 32k shares ..your £32k buy at 9.10 now showing ..my comments re 3x total other volume now make no sense ..ha

As it represents still 3x total volume, so obviously much higher at time of trade it will probably be held back till end of day

It will be held back 2 hours or possibly end of day if not shown at 2 hours

Should read ...trade could be seen to possibly affect price

Delayed print ..trade possibly affect price disproportionately ..its not on live feeds either as not been released to market yet

Oh silly me ...its red on lse data feed ...must be sell ..im watching the live data feed . Majority buys ..

Ooops spoke too soon . He/she still lurking ..

Could be ..its looking that way to me, the heavy discounting price setter has left the building ?

I should have said .. matters not to the price setter, as they are only fulfilling a very small percentage of the sells, the majority being done by Singer (prob) l. Obviously the short term pain to retail holders is self evident so I didn't intend to sound blasé about the dropping price, its not however dropping through lack of overall demand though, someone is having their back scratched and taking advantage of it, boots filling, and once the warrants supply dries up the SP will recover ( im sure)

FWIW i pretty much agree with that, its almost certainly warrant shares being sold ( at a profit ..obv) and as you say Singer most likely, and again agree there is never any love for/loyalty/attachment/belief in any of the shares these guys get issued, its pure mathematics, why only use the capital once a year if they can recycle and use elsewhere, so they don't really care if next week/month/year they could get higher return, todays deal is guaranteed money in the bank, they don't bank ifs buts and maybes at a any bank ive ever come across. As I said in my earlier post the price is being set very aggressively but it matters not as 99% of the time its not the price setter selling their shares but the price matched by (probably) Singer as they are still well in profit and deals wait to be done elsewhere, meanwhile someone is effectively being fed very cheap shares and they are buying significant amounts on the back of almost neglible spread and downwards driven price despite the buying volume, but as you say, everything is finite, the supply of (warrant) shares will dry up and we will i think go back to a range of 800/1000

Greater cynics than myself might suggest the sell orders are aimed at someone acquiring shares rather than someone with disposal as their key aim

Yes, 100% there is a constant flow of 1500 buy orders on the book, whereas the sell orders whilst fairly constant at the moment are in the region of 200, someone is having the MMs over a bit here, MMs selling their inventory and not the aggressive discount seller.

Momentum slowed by the shenanigans but hopefully still be a good day

Yes IG now filling trades too

Peel aren't actually selling any at 0.09p they're just blocking all day so far, but hopefully when they finally wake up n move their ask we might get some buys going through supplied by other MMs

NT'd just now on IG for a quids worth .. Peel im guessing wont be issuing any TR1 reduction

Peel need to step aside .. stuck at 0.09 but offer 0 for sale

IG not even offering price on £50 worth