Member Info for CrustyPete

Elegance the Cap Raise RNS was released on the 5th of Nov, so nothing after that can possibly be construed as Forward Selling, surely? That is after the event and accounts for 1.25mn of your total! This compounded by the fact that the figures you quote include both Sells and Buys, particularly after the announcement when the sp had already crashed and many were averaging down.. So your forward sold numbers equates to circa 0.4mn of both buys and sells - forward selling? Really.

I don't think so.

That is my view too Crypt, until JV and Debt funding in place - yes it is "price sensitive" but then so too is a "placing" and we, the shareholders, never hear about that until it has happened....

No herbie it is the scaremongers like you that are on borrowed time; once the ML is approved, you will all be burnt to a crisp.... so if you want it lower in the meantime you and the rest of your doom mongers need to work a damn site harder than you have been. Your problem being that everyone has heard your vapid, repetitive soundbites all before; they no longer have any relevance; the world and He1 has moved on but you and the "flat earth" brigade have been left behind.

Well I beg to differ Elegance - you only need to look at the trade volumes over recent weeks - in the weeks leading up to the RNS you have to go back to way before October to find the aggregated trade flows that would even add to 1bn let alone 2bn and those historic trade flows include Buys as well as Sells. So no, actually, if there was any forward selling it was not significant....

In fact ignoring trades since that RNS you would have to add up all the rades going back to 20th September just to get to 1bn in aggregated trade volume, or about 6 weeks, which is just about the same trade volume as the previous 6 weeks.

So sorry but I don't buy that "forward sold" notion, the trade volumes do not back it up.

Yes Zoffy it is blatantly obvious that issuing more shares as one of several options many and all of which may well have been referenced in the ML application - but it does by no mean that is the one they will utilise.....

I think dvh that "tempting the sellers" is the last thing the MM's want to do - by keeping it at 0.05p they ensure that they are only obliged to take "market size" at the quoted bid price - if they move off the 0.05p bid price they might get swamped by up to 2bn shares before they can shut the floodgates..... 😉

Yes Ssccss the London Stock Exchange - sorry, should have made that clear.

It appears to be an LSE issue as SYNERGIA is not the only board affected - so too Scancell & Seeing Machines to name two.

We might yet see some late reported trades too methinks.

Sorry that should have read 1.0015 - 1.0179

Quoted spread for 1m shares 1.015 - 1.179p on II

They never even started Herbie it was all a figment of yours and your mates paranoiac imagination and driven by your self interest.....

But you keep digging herbage, you might get it right one day if you hang around long enough. 😆

1.10 -1.12p spread.

But all pure guesswork! 😉 Good day all, I wish you all a wonderful weekend.

Yes agreed and accepted gordon but if you look at the trade volumes in recent weeks you would have to go back a long way (beginning of October) to find 1 billion in aggregated trade volumes, let alone 2 billion - and those numbers include both Buys and Sells. And that includes the 450 million traded on the day of the Placing RNS as hoards of people averaged down.

So yes gordon I am sure you are right but even if so, evidence would suggest that it didn't amount to much.

You don't need to tell me about the historic placings at SYN Ssccss; how could could anyone be unaware of it. I suppose my point is that if, as it seems, we might soon get news of some material operational progress at Cambay it would be both ironic and exasperating for any sp rise prompted by that progress to be swamped by an influx of placing shares.... thankfully we do at least have 6 drills to come, so hopefully those placing shares will have been churned long before the end of the drill programme.

Over and out from me one and all. I wish you all a fantastic weekend.

"A number will sell at 0.055p to trouser a nice 10% profit...."

I couldn't agree more dvh and that "number" will be circa 2bn....

Well RJ fwiw I would suggest that only one of those four trades was a Buy - but hey whatever the case we are down yet again and the trade volumes are unlikely to set the world alight.... We need some news - and quickly - to do that.

VF, I am sure you are right on the SELLS front but I wonder if and, if so, how much the picture would change if the MM's raised the bid price to any meaningful degree? Would we then see some of those 2bn placing shares come winging their way back to the market? We have seen over 120 million shares bought today but that will look a trifling amount when and if the placing shares do start to get sold. Currently too slim a margin for the placing underwriters to make a turn here.

Still keen to see what Roland has got to say at the AGM.

Looks pretty much "even steven" on the Buy to Sell front... let's hope the buying keeps up.