Agreed baserite, interesting times and a great time to invest in this company, I had a cheeky little top up this morning, 1m showing as a sell 9.28am, pleased to have got that price as thought I would be paying > 0.25.
It surely can't be long now until we hear that HAWK are fully out, the volume since the last Holding RNS has been good, obviously the MMs have had the weak PI stock to contend with as well, however some big round sells went through on those days. Fingers crossed the RNS is imminent. I wonder if SNT are waiting for them to be out before releasing the big news so that they do not benefit from the likely rerate?
There are some sells in amongst those buys anything 5.425 - 5.466 is a sell, however the BID is strengthening so don't think that it will be long before it makes a move northwards, unless there is as big sell lurking in the background.
Same here, the Mello presentation seems to have disturbed the upward trend, however it's not as if they could announce anything exciting there unless preceded by an RNS so not sure what PIs were expecting. If it was a strong buy at 0.24 - 0.30, surely it must be a screaming buy at these levels.
You would think so, I think that is the reason behind the drop by the MMs, I think that they are trying to generate buying interest to be able to flush out the remaining HAWK shares. Nothing has changed in 1 day, yet it seems like a number of PIs have been caught up in the situation and have panic sold. PIs were happily paying nearly double this price a week ago.
It may be a complete coincidence, however the 3,518,181 is the same number of shares as bought in the 2 transactions 2,270,454 & 1,247,727, looks like someone bought in straight after the RNS and has got bored already, less than 24hrs later at a cost of £1,700 ! ! ! ! Looks like patience isn't key to them
Personally I think that the £43k trade was a sell, however the fact that the MMs were prepared to take that and the subsequent sells, would indicate that they are happy to accumulate in anticipation of forthcoming news, especially given the price action late yesterday, possible large buy order being filled in the background.
piker, whilst I totally agree that the MMs do not mask buys as sells as this is based upon the website algorithm, they can however manipulate the spread offered to have the same effect. If you have been following EUA at all over the past week, the MMs there, consistently increase the Ask so that buys are shown as sells to try to create panic amongst the PIs, often working.
NC there are a mix of buys and sells showing all as sells, today the trades at 0.228, 0.229 & 0.2299 are all buys, it's always good to keep an eye on the actual buy and sell price by doing dummy trades so that you get a cleared idea of the buy / sell split.