Yesterday18 Aug 2017 18:12
There was a clear attempt to move the market. There is no income. The directors, who have shareholders interests at the top of their agendas will soon need paying for the fantastic work they do. I smell a placing and it will have to be at a discount to the current price, not the one they tried to engineer yesterday/today.
Screech bought at the very top and grudgingly admitted he would wait. Now suddenly he is "topping up" after being at least 5k on the wrong side of his last buy. Doesn't make sense.
There is a placing coming IMHO because: 1) The UKOG deal was misrepresented in the RNS as being a "done deal" which merely needed completing. 2) There is no income that could possibly cover costs. 3) There were big buys yesterday which were completely disproportionate and fooled nobody. Johnson looking for another trading payday which would have assisted AB with discussions with Yorkville perhaps? Whatever it is PI's will not be winners as far as I am concerned.