Member Info for cminhinnett

SP in auction and MMs asking 1.15p for 500k shares on IG

An equity investment at above current share price ! ! ! !

Agreed Rambo23, would be even greater if the MMs allowed buying as they have been NT to buy for most of the morning.........

Now let's watch this share fly

Nice delayed 750k buy just shown up - clever MMs have moved the spread so that it shows as a sell, 750k buy is a statement if ever I have seen one.

Dropping the Ask to 2.20p, allowing a few buys then NT, then dropping it to 2.10p and remaining NT ! ! ! Looks like they are hunting for shares ahead of the expected rerate.

It would move up if the MMs make a market and actually let people buy, they are clearly short of stock and need sellers before moving it up, frustrating to say the least ! ! !

Very little stock available < 1.20p either, IG are asking 1.265p for 100k shares ! ! ! ! Exciting times

I have a funny feeling that news is on the way, both the Bid and Ask strengthened nicely on no printed trades, either a delayed buy will show up later or the MMs know some positive news is on the way.

perroverde, thanks for reminding, now that would be an amazing story for BOD. I have built up a nice holding here over the past year and am happy to be patient and hold for the long term. The potential with the assets is huge and the expertise that we have at Board level to monetise these assets is fantastic. Funded for the current plan of work which I expect to deliver further great news.

Agreed Klozza636, the company has a very sound foundation and is cash rich, I wouldn't mind betting the 1.5m buy earlier was the major shareholder mopping up all the PI sells.

It was put through the NEX exchange:
Today's trades:

Date / Time ISIN Volume Price
06/11/20 | 10:22 GB00B84LVH87 2393 2.05
06/11/20 | 09:39 GB00B84LVH87 48539 2.05
06/11/20 | 08:27 GB00B84LVH87 10000 2.05

Sorry AJP08, I thought you meant £2k, it has probably been put through NEX which is another exchange.

Looks primed to move back up towards 3p now, the Ask is increasing with every buy, now the buys are actually showing as buys as opposed to the majority of the 3m shares bought this week. The company has so much potential, revenues increasing significantly, new sale executive recruited, fully funded until 2021 and with a large number of patented products whose adoption is increasing everyday.

Is it not the 97,171 trade showing at 11.03am AJP08?

A bit weird, MMs playing games I feel. The 2.05p price has now gone and the next buy goes through at 2.125p - might even show as a buy if the MMs don't move the spread beforehand - FFS

650k buy, just under the mid point so it is printed as a sell, however Ask has ticked up, looks like the overhang has gone and we should move back up above 3.60p and towards 4.00p again.

MMs allowed a couple more buys sub 2p, now the next buyer pays 2.05p and we should start moving up, although I am sure that as soon as we do, the MMs will either go NT to buy (they have history of doing this) or they will adjust the spread so that all of trades print as sells.................

Over 3m bought since yesterday morning, however the MMs have maintained a spread so that they all get printed as sells. No stock left sub 2p now and as Wololol has stated, very little resistance until 2.70p and then we can have another crack at 3p. The company has so much potential, revenues increasing significantly, new sale executive recruited, fully funded until 2021 and with a large number of patented products whose adoption is increasing everyday.

Next buy pays 2.03p, however will STILL be printed as a sell by the MMs

2.00p paid and 2.044p paid as well, next decent buy pays 2.05p, yet MMs still printing them as sells, I wonder why this is? Not really encouraging buying or fairly representing the trades.........