Member Info for chasf

hmm. that escalated quickly.

" I was literally the only one accumatmlating at that time"
Not here! Love to eat them mousies. Mousies what I love to eat. ...

given the book content 2 days ago, i thought it would start moving up to 0.9 but sellers are back 0.81-0.87

very modest volume, tbh. not many transactions in the book. someone likes ticking round this region.

Given the remarkably precise tight spread I wonder if it is ISA transfer time of year.

Curse these 2FA delays. Oh well, try again Monday. ;-)

By the time I transferred the cash I was just a little too late. ;-(

well, there's 25m on the ask at 0.80 at the moment that you can still hit out of hours if you like!
(Not seen a chunk as big as that for this one.)

Hope so. In any case, I transferred some more to fill up ISA for this year. Glad I did it outside the auction, which was a mess. Bidder goes eek when offer matched on the ask, jumps out of the way. Ask vanishes too, then tiny ask appears just under the bid, then they both vanish. No trade.

VLADIMIR:
(without anger). It's not certain.
ESTRAGON:
No, nothing is certain.
Vladimir slowly crosses the stage and sits down beside Estragon. #
VLADIMIR:
We can still part, if you think it would be better.
ESTRAGON:
It's not worthwhile now.
Silence.
VLADIMIR:
No, it's not worthwhile now.
Silence.
ESTRAGON:
Well, shall we go?
VLADIMIR:
Yes, let's go.
They do not move.
Curtain.

"One issue that i have never been entirely sure about is that in these opaque placings contractors i believe are being paid in shares who are then selling into the open market for working capital, regardless of price. " As I understood it the contractors (not just here but in general) never actually see the shares, which is why you rarely/never see a TR1 for them. (Here you might not see one anyway because there are so many shares in issue they might not reach reporting threshold.) They are issued but the broker sells (or forward sells) on their behalf, in a roughly orderly way. In the chart above you can see the dump of 245m appear on admitted-to-trading day, 30 Dec, for the first set (the Firm Placing). Usually they'd have been forward sold before the placing announcement so they get a chunk of the placing discount. The conditional placing is interesting here because many of those receiving the shares I'd expect would keep them (maybe not, though, looking at the recent 22m dump say and comparing with the issue table). Other management might have dumped them since they get the warrants anyway to exercise when the project finally gets going properly. I'd have though most of the overhand would be gone by now, and the current fluctuation is the algobot back trading (collect low and dump higher, repeat). Should get the first monthly update fairly soon, I suppose, which ought to lift things.

8.35 A chunk 4m trade earlier through the book (A trade) which is unusual here.

I'm still ticked off about the low-value placing, but generally I'm fine with the CEO and pretty upbeat, myself.

Yes, having been buying, I'm hoping it will stick at this level until Tuesday next so I can get even more for less.

15-Feb-22 14:36:41 0.721 22,615,384 Unknown* 0.73 0.74 163.06k

someone's been busy.

As a particular aspect of "security", there's non-trivial commercial insurance required, which I'd suppose won't be available (affordably) until the region is considered adequately safe.

It's not been "financing" for some time: it's security, not just TK but the route there.
The target is probably APril-May, but two months added in case the govt still hasn't sorted out security by then.

I know, all those after-auction O transactions! So mysterious.

Indeed RAB subscribed for 20m in the firm placing. Not huge but an increase. The date being the date of the conditional shares admitted makes it clear what happened.

Yes, I belatedly realised that 17th was admission day for the Conditional Placing shares and was just now looking them up.