Member Info for BodRuncie

That's how MMs make the market.

If the MMs whacked the Ask up to 25p-30p, they would be flooded with sellers, people who'd bought last week and were cashing in, longer-term holders who want to lock in a bit of profit, people who'd bought in at 25p then got scared by the drop and wanted out. The MMs would be left holding stock, which is exactly what they don't want.

The MMs will raise the price to a level we'd consider disappointing, because it will flush out the 10-20%ers from the past week, but won't flush out the ones who can see the greater value on offer here. If the selling dries up at that level, they'll raise it a little more, always trying to balance buys and sells.

Tree-shake over?

"At the end of the day if raw material prices go up then the price of finished goods will also go up and that will actually boost revenue numbers."

There are at least 2 problems with this:

1. ITX has shown that it doesn't really have much pricing power. They lost their biggest customer over a small increase to pricing. Eco-credentials came second to pricing.

2. Revenue is vanity, profit is sanity. Revenue up (assuming customers are willing to pay higher prices), but will profit increase? If not, margins will be lower.

We really need an RNS showing new business has been won. I fear the company is drifting at this lower level of production.

@rugs

Volumes are low and have been for months. There can't be many people actually sitting on a profit, so it's still too early to expect large sells from profit takers.

But the gentle upward pressure makes a change :)

I would imagine the strategic review involves trying to sell the company to a US entity. Same thing that's happening to EQLS. It'll take time for any interested party to put together a shell company to buy it out or to raise the necessary funding.

I'm not expecting anything to happen any time soon.

150,000 shares is not a small amount of money.

Today's results are disappointing, but it doesn't really change the fact that SYS is a medium to long term play for bigger returns.

They will need to show growth at some point though!

In times of stock market volatility, irrationality and just general crappy UK stock market conditions, it's good to have a reminder that the actual business itself is just getting on with being a good business.

Being patient is sometimes the hardest thing for investors (even harder for traders), but I am confident TRX will provide excellent returns for shareholders from the current share price. A well-run proftibale business is still a well-run profitable business. Just gotta be patient :)

Https://m.youtube.com/watch?v=v1xH28eeOr8&pp=ygUbaW52ZXN0b3IgbWVldCBjb21wYW55IGhlbGl4

It's worth watching the whole thing again :)

Was that the Investor Meet Company presentation, with David and Bo? It's on the IMC website and on YouTube.

There is so much news flow here that it's sometimes easy to forget what is going on.

The base case for commercial Helium discovery is very strong, and that more than underpins the current (ludicrous) mcap.

And then there are so many cherries on top. Has everyone forgotten the Darwin #1 drilling RNS from last week? You know, the one where Bo stated: "The Darwin #1 well at the Rudyard Project has significantly surpassed initial expectations."

I can tell it's a great discovery because the troll army is out in force trying to suppress the good news and drown out the message boards with spam :)

A great discovery, commercial rates. HEX's mcap is vastly underrated.

I took opportunity of this drop to add more at 21.67

Completely agree with all of that, Trek.

One person (with totally biased political affiliation) has such an outsized influence on what people see and read. It's completely unbalancing democracy.

Everything as expected for the period, with the added benefit of the new adjoining blocks acquired post period.

If North are selling down to zero, and if it is North who have been offloading large amounts these past few days, and because North don't hold a round-number of shares, I would expect that we will know when North are out because their final trade will be a large non-round numbered sell and the share price will spring up.

I would have thought it would be too soon, but who knows? Maybe North are out, or maybe they have paused....?

edit: actually, I see Adon has posted something similar on this subject. Great minds think alike!

There is a tug of war stalemate while North still have stock to offload. But when it is released, this will bounce up. We are lucky to be able to take advantage of this brief window of opportunity.

Another 250k reported from this morning.

Most reported trades are buys, almost all, and the sp isn't budging, so there's probably another 250k sell order being fulfilled in the background.

Yes. Most likely North are taking advantage of the flurry of recent buying to sell higher amounts into the increased volume.

As long as buying volume stays high, North can exit quicker. If buying volume drops off, North will reduce their sells to match.

Another 250k share sale posted this morning, most of them likely sold at the end of trading yesterday.

Another decent-sized chunk of those 7m to be sold :)

Looks like The West is screwed.