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In my humble opinion what we have just witnessed was an attempt to influence the SP prior to the 10 to 1 consolidation and another fund raise. I don’t see a fund raise at these levels as it will be too dilutionary for LTHs. But as Burns once said “the best laid plans of mice and men gang aft agley”….let’s see what LC pulls out of the hat next…but this cannot continue. Some form of revenue which must be sustainable month on month rather than doing partnership deals all the time must be forthcoming and a priority. Read the relationships section in the last financial report and one can see Kibos commitments and relationships with other companies. It’s quite comprehensive and I struggle to get my head around it…some very complex deals. Saw Kibo exploration as another partnership company….maybe that’s who we have invested in ? An exploration company ?

JSE as well…..the grand old duke of York…… https://www.moneyweb.co.za/tools-and-data/click-a-company/KBO/

Looks like whoever paid 1 p a share on the JSE in the past few days has just realized he has been taken !!! Slowly trying to minimize his loss….must have dropped a few on the market today and brought the price down….. https://www.moneyweb.co.za/tools-and-data/click-a-company/KBO/
What you make of this patientzero ?

A very good market analyst. :-)

Someone’s bought a nice chunk…. 24-Aug-22 12:39:39 0.185 23,119,527 Unknown* 0.18 0.19 42.77k

I think they already did…..yesterday.

I think you may have just hit the nail on the head for the sudden rise in price on JSE maidit308.
It’s still holding its own at about 1p per share. But do you honestly think there should be such a great divide between the two bourses ?

Not so much a fool…me finks….anyone who can sell 30 million on JSE at 1 pence a share in 1 day making about a 700% profit and taking the same funds to buy 210 million shares on LSE the next day is quite smart imo. Watch this space…I think a big demand for this share on LSE. A big pump coming imo.

Volume so far today on JSE 30,263,899 shares
Ave daily trading volume: 1,185,718
This on No RNS or news !!! Something really not right here.

I think it’s reasonable to assume that some form of market abuse has taken place today right under FCA noses. Wonder if they will do anything about it ?

https://www.moneyweb.co.za/tools-and-data/click-a-company/KBO/

Maybe Looney and his mates have taken their shares across to JSE for the day !!!! The mind boggles.:-)

Something rather serious is going on here….perhaps even criminal….but it’s gone up to 21c on JSE now….so work that out…..about a 7x difference in price between AIM and JSE. Tempted to drop market abuse on LSE an email.

I’ve also only just realize that LSE and JSE allow cross border transactions…..so you can buy on the LSE effectively for 4c and sell on the JSE for 16c at the moment !!!! Now this makes me think……Market manipulation on a grand scale here !!! I think the Nomad needs to stick his nose in here.

Thank you Aucs…much appreciated :-)

Aucs don’t you trade on the JSE ? Ask your broker why the discrepancy in SP please and let us know what he says ….if you can do this it would be great…

Highside…you think they can pay WA as PFS manager in shares to complete it ? If I remember correctly at the last AGM did we not give them authority to do exactly this ? If they can you may be right and we may have money to extend beyond October. Just a thought…:-)

Unless of course they went to the tail to wag the dog as the dog was not stupid on the LSE…..and it seems like the tail is. Expect an RNS soon imo to explain this discrepancy. The Nomad should also be involved.

It should be trading at 4c per share to be in line with LSE. Rather a sad state of affairs imo.
LC should at least issue an RNS explaining this great divide !!!!

And someone obviously made a lot of money…..on JSE today.