Member Info for chasf

Because that's what happens when someone keeps hitting the bid in bursts, until they stop.

The April P&D guys could do really well on this one now, since someone's set it up for them. Where are they when you'd like them to add some fizz?

Indeed they sold through my own position when I wasn't looking. I did think I could have put it a bit lower down, but I wanted it to be likely to be filled today. Let's hope people learnt not to set the stops on this one.

It's just technical trading, of a sort. They seem to be aiming for low 0.5s or even 0.4s again. Indeed, without volume against them *in the book* there's no particular limit. Currently there seems to be a marker at 0.58. There's enough below 0.59 to slow them down except that those orders typically slide out of the way, especially the MM bots.

"Or they were more then happy to pay it :)"

And so they should. I assume that fairly soon the brokers will step in and work it up to enable the warrants, since that's an important chunk of cash for KEFI. If periodic intra-day RNS appear the ones manipulating it down for a short or swing trade might be caught out often enough they'll look for easier pickings elsewhere.

Since they were O trades, it looks as though they were robbed by the MMs since the ask was only 0.662 (and the auction price was 0.643)

"The Conspiracy Theorist would also argue that the MMs are playing their usual games... "

The MMs don't normally manage a SETS share, indeed generally keep out of the way (follow the trend) unless they want something.

"Really looking forward to the sp movement this week :)"

Unfortunately it gets tedious when someone realises how a share can be driven down this way on SETS in low volume.

"Not sure if its placing dump thats being cleared though"

It doesn't matter all that much: excluding the bucket shops, some of the placing people stuck above 0.8 (ie, they didn't want to sell below that) will actually now go long. Could do with some sustained volume to defeat the shorting bots, now that they've got the measure of the book. Slightly tempted to start a gofundme to build a fund to do that.

That's good tintin, should do well!

@tintin35 0.42 was the low for the day (in the book) and probs for the year

Yes, I was lucky someone left a position and wasn't watching for news.

"I assume Harry will be taking a pay cut... lol"

Lol indeed

See the A trades 8.47 then the burst at 8.49. If you're trading long and get a sale you'll try the same price again for a time, perhaps raise it slightly. This one immediately drops it, selling into the next level on the bid. Been doing that for weeks.

If it were an MM managed share it would be different. This is pretty much what they did with QPP, for a year

It's not really the market in general setting the price, it's still a shorting algo. Specifically, it sells then immediately sells at a lower price, which is usually a sign. Been doing that for weeks.

11. An AIM company must issue notification without delay of any new developments which are not public knowledge which, if made public, would be likely to lead to a significant movement in the price of its AIM securities.

AIM rule 11

I think it would have to be RNSd first

I certainly don't expect him to be there