We would love to hear your thoughts about our site and services, please take our survey here.
Great to have an update and absolutely brilliant to hear they are already into planning for commercial production facilities. Clearly no doubt about the commercial potential of the resource, and the resolve to extract it. Concerting āprospectingā licences into āminingā licences! First steps but thatās a game changer.
It's been asked a million times, but basically there is no such thing as buys and sells. There are trades, and for every trade there is a buyer and a seller. But what most traders are interested in is just one side of the trade, whether other traders are buying or selling from the brokers/MMs. Websites like this one often show a list of 'buys' and 'sells' but it's just the product of an algorithm that logs the time stamp of each deal and the market mid price for the share at that time (allowing that different MMs offer/ask different prices). If the actual trade is above the mid price then it shows a 'buy', if it's below then it shows a 'sell'. Sometimes the algo gets that wrong, especially if the spread is narrow, but overall it's inconsequential and the algo is a reasonably reliable guide.
Itās a brave IPO strategy, although not without risk. Oversubscribe the offering but turn down all the excess funds, hope unsuccessful subscribers bid up the SP to get in, and handsomely reward those who can sell their preferential shares. Then raise again discounted from higher price.
Because he's short or spread betting on HE1 share price. It was a reasonable position to take as the market assumed no news until the summer after the last raise, which normally would mean a steady price decay. But something is afoot and it will have caught out some with short positions.
Lovely managed rise in the SP, stepping up a bit each morning and holding so far. While we all complain about the MMs on the way down they are doing their job well on the way up by the looks of it