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I didn't think that < 1.00p would last long on the Ask - looks like a decent reversal is underway.............
Looking decent this morning ahead of expected news
Ridiculous that the SP is still at this level despite this morning's rise, so much going on in the oil, gold & green space and according to the CEO the latest fundraise will provide the funding required for the next 18 months. Onwards and upwards
WG818 Do you understand how the trade classification works?
An algorithm decides whether a trade is a buy or a sell, simply by whether the price is higher or lower than the mid point of the SP at the time it is printed, not the time it was traded.
JT2nd did buy 1.5m and the trade showed up as advised. For some reason the MMs decided to reverse the trade and then restate it. Because the SP had moved in that time and the original trade price was now below the mid point of the spread it herefore showed as a sell.
I don't know if you are trying to mislead others or just don't actually understand this basic of the stockmarket...........
Ready for the expected news and rerate during August - Can't believe that it is so cheap at these levels
No worries, just wondered as there is a decent ANGS Telegram group available with some large holders in there.
JT2nd, are you on Telegram or even are you in the ANGS group on Telegram?
Is it showing in the trades JT2nd? I was about to say that I thought that there were some large buys not showing as the book strengthened, despite the MMs dropping the bid from 0.90 to 0.85
Same here JT2nd - couldn't resist so took some at 0.85p and then also at 0.891p when the intraday reversal was confirmed.
I totally agree Chan, this was over 1.1p not that long ago and is now fully funded for the next 18 months as stated in one of the recent RNSs. The Oil output we know is improving, the price has increased significantly and there are more improvements expected. On the Gold front, work is continuing on the Goldridge Asset. Then there is the partnership with EQTEC which is very exciting and the first deal has been agreed. As you say, lots going on in the background to improve the value of the business, yet the SP has dropped circa 20% below the placing price. For sure I am adding at this level whenever I can as I see this going on a massive rerate in the short to medium term as news is released.
This is not just a small reaction, there has to be some positive news on the way............
Agreed Cliveas, I am happily adding to my holding at these levels and can easily see us back above 3p in the short to medium future. Now that the cash is rolling in and the oil price continuing to rise, this gives ZEN the opportunity to further develop and add assets. Onwards and upwards.
Nice to hear and should mean that no placing required. As progress (albeit slower than would like) is made, should relate from this level. The SP was trading at 3p not that long ago.
Not sure Silenced, however the MMs have finally ticked up the Ask - however only 52.5k shares available - Feels like positive news is on the way..................
Come on MMs, make a market and let people buy volume - FFS ! ! ! ! !
When it is NT to buy volume, always the best time to sell - FFS - there is now some liquidity with 250k on the Ask
Looks primed for a move back up after a decent reversal following an accumulation / consolidation phase
steven49, it sounds like you are looking for a lower buy-in price? Recent negativity is very clear, do you actually hold any shares in KZG?
https://twitter.com/sportschris/status/1422907447145025545?s=21
Low6 pre-IPO fund raise of A$12m successfully completed with Canaccord Genuity. @low6sports @UltimateFanUK @WinMetv #Low6 #GUN #PIRI #RIT