Member Info for chasf

"I don't understand why we fell so much when the last fundraise came through. Trading at around 1.3p, ..."

Because instead of pulling the planned raise at 0.80 and re-doing it higher (even 1p would have been a premium) they kept to the original plan, sinking the price as all the bucket shop guys forward sold their 0.80 shares. The Conditional placing people probably broke even during that very brief spike to 0.80+ last week.

A mere 21451 at 0.68ish (unfortunately my viewer annoyingly rounds to 2 decimal places)

Ah, someone else just made exactly the experiment I was considering earlier (put a buy for 0.66ish between the 75k orders)

It's tempting to hit the 75k at 0.67 but would need to hit the order(s) just above that to make space for a move up. Otherwise it will just reload where it is.

Might be appointing a new Non-exec shortly to replace Ling. (They were apparently interviewing recently.) Be interesting to see who they get.

Rereading the "Action Plan" steps in the RNS, it now seems reasonably straightforward up to launch.

Ah, it was the buy at 15:08:54 that changed the book: 75k reloaded several points up on the ask and moved up on the bid.

Wasn't that in a "news report" that turned out to be rather dubiously based (even fake)?

Anyway, something just happened in the book, as I was considering an experiment. Mr 75k-75k seems to be working it up today.

"1 trade aswell"

Those tiny A trades are not a little odd: well below market size and not previously available to retail DMA orders.

"He is now a Financer, he says once you have the confirmed metal in the ground, the SP should be reflect this."

Ha ha ha! This is AIM. No hopers fly up out of sight, pumped, pumped; decent prospects plummet.

"The same was stated on 23rdAug'21, commence in the Ethiopian dry season starting in October 2021."

Just before a civil war escalated and then employees directly connected to KEFI were kidnapped.
Both are now unlikely this time round.

If they're paying more for larger quantities in O trades, it's possible an MM or broker is finally taking an interest.

Also "lost about £5k on KEFI" hmmm. £5k. HAA "significantly worse for wear". etc etc. Hmmm. Thank you for that.

I'm confused now cherryburn, in 21:09 you say perhaps you've been shorting this, which makes sense given your attitude, and then in 21:18 you disparage everything and hope we're all fine, not admittedly inconsistent with also enforcing a short on it, but a little bit devious given that if you are the price will inevitably push us further to not being fine.

Especially if you're on IG, you'll have discovered you can be locked out of auctions (and perhaps that's why)

Those shorting this clearly don't seem to realise what they've enabled. Which should be fun.

Which actually seems quite likely now, given your misconstruing the situation.

Until your own burn starts and there's a margin call.

IG says 2% of those it has got in KEFI are short (works out to 5 or 6 people). Hence an eagerness by the punters to push it down to keep those CFD/spreadbets from breaking them. Unlike Spreadex, IG doesn't seem usually to bother to take a counter-position to hedge, on the grounds that (as they warn in their banners) roughly 71% of their CFD/spread customers lose money so they rarely have to bother. But, they could always be convinced to change their mind.

If it were an MM-managed share this wouldn't be happening: the price would tend to reflect supply & demand (and they'd have taken it up before now to get rid of the overhang). But, it's not. "Well, there it is."