Member Info for Candlestick

Back in yet, Zag?

I’m most definitely not an accountant but Uncle Google said this:

“Credit losses are the difference between the present value (PV) of all contractual cashflows and the PV of expected future cash flows. This is often referred to as the 'cash shortfall'. The present values are discounted at the original effective interest rate.”

If that’s reduced by almost AUD3m, I would say it’s a positive.

“Notably, a gain from reversal of expected credit losses decreased sharply to AUD34,853 from AUD3.1 million“

I don’t a single company that uses the term “notably” to describe anything negative.

I read it that the company made a gain because the losses were only AUD35k instead of the expected AUD3.1m.

Not sure you can worry about huge sells when yours accounted for half of the total sells today 🤷‍♂️😂

Synergia Energy Ltd - Cambay C-77H Workover Update #SYN @Synergiaenergy https://www.voxmarkets.co.uk/rns/announcement/48598efd-3cda-4dfb-b2ba-aed866b30482 #voxmarkets undefined

Probably true, although it did drop from 0.115 to 0.095 on the back of a 2-week delay, so who know what they’ll do.

I guess it’ll move up with buys 🤷‍♂️

Just being facetious! The 1-trade was from yesterday.

Delayed from yesterday, probably due to its size 😅. Just trying to keep an orderly market lol

“Gain” “reversal” “losses” “decreased”.

Seems clear to me 😂

And there it is, 10m sell

Expecting a big delayed sell to come through for around 9:30am. Can’t think of any other reason for the drop (can’t sell more than 3m on II now as well)

Is it a buy because you bought it, or because you think it is?

Spread is 0.131-0.1362 so it’s a hell of a price if you managed to buy at that price. I’m assuming you mea the £5k trade, not the 50p!

Sells available well above mid-price with nothing on offer at .14p

Feeling strong, especially with so much news expected.

Are they yours?

I figured they were rollovers as they had no impact on the sp 🤷‍♂️

Thought you were waiting for 0.08p or lower? Just yesterday or the day before when you said that you would be buying lower than 0.09p.

Guess we are to expect a “yeah, I bought sub-0.1p on the drop” message at some future point…

Still really low volume but at least some buys coming in now.

With the weekend approaching, we’ll be smack bang in “mid-Aug” by the time trading resumes on Monday, so there might be a strong end of day today.

With the recent placing and the fact that we are due some news, I do feel that 0.11p on the bid should be the bottom.

Without news to impact it, of course!

They received 70m free shares at Options in April 2023 as part of the STIP. RNS on 4th April

As much as I’d love to say that was two big buys, it’s almost certainly just a rollover.

3 positive and 3 negative. Looks like a rollover and some adjustments.