Member Info for chasf

"HAA need to deliver by 31-Dec-22 or just step aside..."

Ridiculous. They're not going to change the lead at this point: too much would naturally unravel for one thing.

Not necessarily: there was plenty bought in the .5s and .6s, and those that didn't sell on the way up will be trying to get some profit on the way down, especially since tiny A trades are also being used by one party to push the price down quickly. (Another set were fine to move it up.)

Perhaps someone with a lot of money to burn has happened to choose this one to develop AI trading. That in a weird way would make sense. More sense than the trading pattern.

Tbh, I don't really understand the trades on this one, which is why I've not tried to trade alongside. I can see certain techniques used, but the result makes no sense to me.

Time for a quick reminder that this share is on SETS and MMs don't as a matter of course set the price: it's set by the price of the A trades.

Someone put a buy at 0.93 that I think might have been intended to be a sell. Matched at 0.89 on the ask.

Hard to believe something like this being big enough (and involving EG) won't start to leak.

Yes, very slight, but the top two suddenly moved higher on the ask (makes a change).

Bit of movement just now.

if the trigger condition is met they *must* be exercised within 30 days or so. They can be exercised otherwise at any time the holder chooses, paying 1.65 in any case.

As would dilution from here.

It's a good question. Discounted from here would be painful.

That was in the previous RNS. I thought this was interesting "Nevertheless, the current weakness of the AIM Market reinforces KEFI's strategy of primarily sourcing project-level and subsidiary-level project financing."

I see the ALGO trades continue today.

I'd re-iterate that it's not a relentless smash down by a seller but peridoc swinging up and down by someone's algorithmic trading. (The Stock Exchange identifies ALGO trades and those have often been setting prices.)

If you set ig.com to 3hr interval and look at the graph and RSI there's a reasonable undulation (also the direction of the price changes in the graph as time passes). It doesn't really matter in practice, at least for me, because I could never find a timing and a way to trade the changes. I don't know why the bots are doing it. It might work for an MM trading on their own account or from time to time a shorter (but the volume in O trades isn't what I'd expect for the latter, at least recently). It's just a little weird.

It still seems to be following the long-running cycle push-down to 0.55ish, push-up again to short of 0.65, over a period of days, repeat. The 0.55 price was set by a tiny trade into the bid. I think any nervousness is simply limiting buying volume, which would work against the cyclical scheme.

It's notable that Bulls hasn't been able to call this one since August. Before that I noticed that moves up tended to coincide with a BUY and moves down with a SELL signal. Not that trades were directly driven by Bulls, but it could simply be detecting a pattern (although you can see it was very hit and miss this year) and I was mildly interested in what it said from time to time. There are simpler tools for technical analysis and trading here. Anyway, when it vanished I wondered whether they'd simply given up on this one.

More interesting is what the actual trading is doing. Even more interesting is when they finally fire the starting pistol.

I just noticed that British Bulls no longer lists KEFI. Curious.

The A trade at 0.57 took it down 1.81%, a later A trade not yet showing took it up slightly presumably at the top of the bid.