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If brokers have forward sold the excess application facility and the warrants thats anything up to 42m shares that need to be bought back. Even if it's 5-10m there's going to be an almighty squeeze. Remember post consolidation on Monday there will be total of 104m shares in issue The forward sellers can only buy in the placing if they were invited to participate. And what makes you think Nigel Burton would allow them to do that after they've deliberately tried to run down his company share price and his considerable personal investment?
This will open at 2p and will smash through 3p before 9am with ease on momentum alone. This is without the short squeeze effect. And the fact that Burton believers will start to take large positions. There will be many who will have seen fridays news after hours and getting in early Monday. It’s clear the forward sellers are heavily in the brown stuff here. The late buys Friday confirmed this. Expect many more of those huge trades over the next week as they scramble to get themselves out of a big hole. There will be some serious, serious fireworks here next week and I will be holding my 72million shares tightly as I believe Burton will deliver mega gains as he has done everywhere he goes. This is the hottest share on the market this week and I for one am glad I’m in! GLA
Nick I’ll correct you. The forward sellers can only buy in the placing if they were invited to participate. And what makes you think Nigel Burton would allow them to do that after they've deliberately tried to run down his company share price and his considerable personal investment?
Blueface. This is not a p&d. If it was I’d fully agree with you. Totally different play to echo. There is genuine optimism here at NB appointment. Yes there will always be traders ramping up stocks for their own benefit but we can’t stop that. You say it will tank well it already did and bounced back hard. There are some other serious factors at play here with forward sold shares that imo are creating a perfect storm for investors. Plmo will no doubt be a success under NB. He has pedigree.
Buys?
Is absolute boom time!!!
Moving up now!
No warrants!! Excellent. Now watch the short squeeze next week! Boom
Last fridays came at 14:50. This weeks one wasn’t adjourned Chill
will be oysteroil imo
Forget yesterday’s rise. The big one is coming......
False drop. Can sell the whole lot for over the ask. This is going higher shortly
Cash vs mcap? Surely this bags from here!
Biggest load of waffle I’ve ever heard hobo. If the Supreme Court deems it unconstitutional then you can bet your bottom dollar it’s staying that way!
Decided to treat myself to another 2.5k if these cheap beauties today. Sitting back and deciding what to spend the inevitable profits on
No. A four year old with photoshop could’ve done a better job
Yes, you’re all going to make a LOT of money
Heard a very interesting whisper about this company today from a friend in Limassol. Sounds very very promising! GLA
LSE is f****d It’s 41.5/43
Absolute coiled spring if ever I saw one