Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
I'm not sure Ellllll, but I think we've previously seen something similar to the pattern that Andy is talking about. His doom-mongering seems to have as much validity as the SYME-zealots expectations of multi-bagging.
Elllll, please stop imagining patterns. The human brain will create them but it doesn't make them true. Just because something looks superficially similar to something that happened once or twice in the past, you cannot draw conclusions from it. You may as well throw sticks in the air or get down on your knees and pray to some imaginary being and try to interpret the silence that follows.
Stalin, why would you be surprised at buys being the same as sells. Surely every transaction needs both a buyer and a seller (aka trading) so they are inevitably the same. (If I'm missing something, please educate me.)
I appreciate that lewism. I agree advice is always dangerous, whether giving or receiving. I'm just trying to get a handle on the most important parameters to consider and also wondering what sort of scaleback is possible. Based on the little that I know atm the scaleback could be anywhere from 50% to 0.5%!
As a relative newbie to this game I'm wondering how to play the possible purchase of scaleable shares in the open offer. Making the most of my guaranteed share allocation seems obvious but it's harder to plan for buying an amount of shares that may be scaled back. I wouldn't want to overcommit but then I also wouldn't want to request N shares only to see that reduced to N/100.
(It would be good to hear the views of people who aren't either ridiculously optimistic on SYME or hard-line SYME pessimists.)
Not sure if I'm missing something here but presumably for every share that is bought, somewhere there is a share that is sold. So if there are lots big buys there will also be lots of big sells? It's always been my assumption that the price of a share depends on the collective estimate of how much the company is worth now and to what extent that worth is likely to change in the future.
If that is right, and I may well be missing something, then the share price depends on the assessment of value. Rapid SP changes will happen as people chase around following market trends like sheep, gathering like birds around people who often throw breadcrumbs around or flee like rats deserting a sinking ship.
Don't get me wrong, I'd love for my 2.5M shares to turn into a massive pension pot, but I find both the SYME-zealots and the SYME-doom-mongers equally annoying. If it weren't for the small number of people who ask and answer reasonable questions and are patient enough to educate numpties like me, I wouldn't bother with this forum.