RE: Aminex29 Nov 2022 17:51
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Been through PRD the volumes for last years placing at the same time, 2 weeks pre-spud..
10M shares at 15p...no obvious volume that day or on listing or any other day ???
Placing day shares open 16p, closed at 14.88p...so no bounce, continued down trend
BUT, unless forwards sold, II have lost out... 15p + 20% is 18p
BUT
5 candles(day) later share price was allowed to gain 2p on just 2.8m volume, ~14-16.5p peak, on that vol the share was just let to fly???
Next day, another 2p, peak was 18p, close about 16.1p, vol 4.3m..
So thats likely where the last of the placing shares were off loaded, seeing the price fly, or the MM loaded up on the down trend, maybe..
This years seems different, real obvious volume about 21M on Placing announcement, 9.5M next day....
Forward selling, thats too obvious(illegal ?) maybe traders leaving after checking last years trend or a mix?
So if no forwarding selling, and tomorrow does'nt bounce, and the price continues below 8p, there could be a rally..
oddly 8p, with 20% profit is 9.6p.. where today finished, with about 2m vol listed as unknown.
lol, Dangerous Dai Private Eye lol...
Up early for 7.5p buy in, now watch it bounce start from 9.6p