Member Info for chasf

Those are in the Conditional part and the shares don't exist until the GM approval.

The phrase meant this week, not 7 days from the RNS

MMs typically don't set the price on SETS shares, it's set by A trades.

I guessed it

Muted reaction to that one. I wonder how far off that MTUP might be, and indeed why it is so long delayed.

There must be some non-trivial buying for it to move up quite so sharply.

There are more of them at 2m from yesterday. Made, countered, both several times, no idea what's happening with that trade!

Impressive!

I think the permit will just suddenly arrive.

Oh! Potential being investigated for certain kinds of government support, where government agencies undertake some of the work covering most of the cost (my phrasing).

I was equally impressed by the speed and assurance with which he dealt with Q&A, really did engage and offer lots of relevant detail. Forthright about the share price (he was surprised too, but gave thoughtful comment). Permit delay was also longer than they'd expected, but confident. Some stuff to start that can be done without that permit. Great on how critical it was that it was JVs with locals who knew the ropes (not to mention knowing their relatives lol).

Good, clear energetic presentation!

RAB wasn't a real institution, just a small private investment company with a chequered history run by a handful of guys. I looked them up at Companies House when they sold the first chunk. Better than nothing, but not a big name.

Sorry, that was in reply to "Everytime he's stated this, it's meant a placing in the works", and that's not true.

Not true.

Cornhill was censured for it, but I can't find any reference to an actual ban.

Forward selling is something else again, and currently allowed, subject to their being settled promptly (hello, Cornhill and NWOG!).

They will not have been tipped off by anyone, unless they and the one tipping-off were willing to risk a conviction for insider trading.

At the time, the suggestion was that they simply did the calculation anyone could do wrt KEFI's cash state, but it now seems more likely that RAB needed the money and dumped them when they could.

The current, notoriously inaccurate test, slightly better than chance, costs nowhere near as low as £10.

I'm curious to see what happens, because normally (on SETS) the MMs don't set the price and lurk in the shadows unless they want something, but in this particular case, what will happen? Will they jump in to set a price?