Member Info for cminhinnett

Were you the 10m Chris?

Great results and earlier than expected, this feels like the beginning of the new Alba, HH moving along and Clogau developing very nicely.

Looks like another 5m from HAWK dumped today @ 0.20, a 5m buy at 0.2066 and a 8m sell at 0.201. It would explain the price action today.

There is the sell which has been pinning the SP back, now that's out of the way if the buying pressure continues the SP should move upwards.

I wonder if he has taken the last chunk of the big seller that was floating around as the steady selling seems to have stopped.

Totally agree JJ, they have assembled one hell of a team and it is in the interest of the company and the shareholders of which the key directors are included to find a buyer without paying a bank a big fee. The RNS for me was a positive, however due to certain individuals not being able to join up the dots and putting a negative spin on it, the MMs have been able to balance their books which have been out for some weeks since the rise to 4p. Frustrating to lose on paper, however opportunity to top up so that the ultimate prize when it arrives is even more satisfying.

Then following the misrepresented trades, they drop the ASK to make it look like they have stock to shift............... The Ask was never 1.25 in real terms, clever / crafty / corrupt MMs, you choose.

Totally agree, a transparent market would be a dream as it would remove the MM games.

Certain individuals are accumulating at this level ready for the expected increase, 4 1m trades have just been printed, at least 3 are buys, however the MMs have printed them after they have raised the BID to 1.15 to make them all look like sells. Says to me that they are short of stock at this level and any buying pressure will get the SP moving upwards.

Or are they rollovers or ISA transfers?

Seems to be a lot of decent double trades going through for 100k, 150k, 200k, feels like a bit of a pattern. Someone seems to feel that this share is a bargain at these levels and hard to disagree.

Don't be fooled by the classification, those last two trades are buys and nice ones, Ask now moved to 1.19

This could be ready for another move up..................

Last trade was a buy, couldn't resist a cheeky top-up on the retrace.

Can I suggest that you simply read the RNS?

The 11% was on the open offer to shareholders, why would you take part when you could at the time buy cheaper on the open market? The cash burn is significantly lower now as they move towards their new business model and have less R&D costs.

Lots of buys being reported as sells this afternoon, still intrigued to know what the flurry of buys this morning was.

Last two trades are buys as well so let's go

There is the large buy, delayed to look like a sell, however Ask ticked up as it was printed and Bid stayed at the same level. IMHO DYOR.

Looks to me like the MMs are trying to accumulate shares again, maybe to fill a large buy order, the delay in news is supporting this as PIs get nervous or bored. IMHO, DYOR. Whilst the Offer has dropped to 0.33, the actual buy price is 0.335.