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And here we are up to the next level already. Hadn’t expected it quite so soon. Very few holders in profit at these levels so not expecting any volume of sells until we are well into double figures.
Showing buys as sells this morning. Generally a sign that the MMs can’t find enough sellers at this level. Once they have balanced their books they will let the price move up to the next level.
Just paid. This is flying now. Still time to buy more. Still got a long way to go.
Short term target
I’ve just bought some more. Chair buying in such big chunks has got to be the right thing to follow.
We should get a tr1 to confirm that soon
Chair buys another 5m. £250k more of his money saying this is a buy big time.
Still time tomorrow. I’ll certainly be looking to add more if the recovery continues. Nice after hours buy there as well. I didn’t hit the low, got some at 6.10. Happy with that.
If its buying then yes but if there was a big seller and Pelham has taken him out off market then that is definitely better for us. Anyway not looking for an argument just very happy to see this bounce back quickly and to have bought more on the rise.
And now we are going to end the day up!
My guess is it’s on off market trade. Seller wanted out and worried that drip feeding onto the open market would push the price right down so offered them to Pelham who gladly took them off his hands at a bargain price. Good for him. Much better for us that way.
I’ve bought more today. That was a clear buy signal for me.
Must have been off market.
And good to see it’s the obt ords and not the Argento pref this time. £155k of the Chair’s money says this is a buy.
Chair buys another 3m. Nice price for him as well.
Jimzi, where are you getting your devaluation of assets from. NAV is unchanged since end of last year.
Join the dots....
In July the Chair bought 5m warrants with an exercise price of 20p that expire in 18 months.
Rath Dhu took their holding over 3% last month.
Richard Byworth, a mate of the Chair, bought 9m of these at 8p in July. What does he know that us PIs don’t....