Member Info for Dartron

I think currency volatility is pickling up again, this is very good news for Argentex

https://www.financemagnates.com/institutional-forex/cme-forex-volumes-jumps-25-in-june-amid-global-volatility/

The surge in CME Group’s FX trading activity was driven by heightened market volatility and increased hedging demand amid global economic uncertainties.

Its called a shake out. Drop it back on low volume, shaking out the loose hands. I bought at 411 just before the bell.

On Thursday at 1pm, the price spiked up 30p. All it took was for someone to buy 100k shares and the shorts also wanted to start to cover. As announced in the RNS, the director buy would have been made 27th - Thursday morning.

Just to reply to the points about share price, just because you can buy a few shares at £4.10 does not mean that you can buy many shares at £4.10. The spike tells you that there isnt much supply available at £4.10. Even though shorts are selling at £4.10 they don't really want to sell many down here. All the selling is done on the way down, not at the bottom. Bear that in mind. In fact, I believe this is the work of Black rock, and they were heavily selling before the crash around £9.00. Its been a great call from them, but the money wasn't made selling at £4.10.

never thought they would resort to robbing investors. splitting the shares in to 2 classes and having the only part with any value as a non traded entity (parmenion ). the main draw to the investment case here was the valuable stake in parmenion and hoping that it could be realised, if nothing else to keep the company afloat, or better still improve shareholder value. by moving the stake to a non traded entity, they must have known that they were depriving the average investor using a sipp or isa of being able to invest. there by robbing the 70p stake in parmenion for a measly 30p. i thought these guys here had integrity, but no just another aim ****co that robs punters.

i can not see any reason why this needed to happen, and as far as i can see no reason was given, other than 'tidying up'. if they felt it was that untidy, why not just force a sale. they must realise this equity is a failure, and have just concocted a scheme to get their personal money back. you watch the placing coming down the road after they have finished pillaging.

regards the matched bargaining facility, it will be a tool to force small investors out at even lower prices. these guys can probably wait 5 years for an exit, and it just shows that if they wont sell it now then they are not in a hurry to sell it at all.

i sold out yesterday, i do not want to invest in a tiny asset manager that will probably need a cash raise at some point, while behind our backs they divi out the assets. this incident and a number of other recent issues down at the dog **** end of the market made me sell out of 4 other microcaps. yes they are undervalued, but it seems smart money will make sure the average investor loses his shirt (richard griffiths et al). many stocks now, you are left worrying that they will de list, or pull some other stunt like this one. i thought cambel fleming was a decent guy, but i feel differently now.

He is the co founder. His sell was well timed, and I expect his buy is also well timed. £100k is a positive message to the market.

Https://www.lse.co.uk/rns/YOU/directorpdmr-dealing-eu3qd5prkikv9k5.html

purchase of 24,249 shares by Stephan Shakespeare, Non-Executive Chair

Head and shoulders. Back to base camp.

I have registered to watch, as I am also very interested in investment trusts. If anybody doesn't want to register, you can just go straight to Youtube (I also subscribed): https://youtu.be/bw6a9P7s-MA?t=2748

He doesn't say a lot IMO, but did say very limited downside. He also sold some at 137p LOL.

Thats a shocking load of AGM results. The highest election (Paul Baay) scoring 80%. The lowest (John Wright) scraping in with 59% for.

This at the bottom of the RNS:

Touchstone notes that the resolutions relating to the election of the director nominees were passed but that resolutions relating to non-executive director nominees did not attain the support of more than 80% of the common shares voted at the Meeting.

To understand the reasoning behind the votes, initial discussions were held with certain shareholders regarding aspects of corporate governance prior to the Meeting. The Company's Board have been made aware and acknowledge concerns relating to the size of the Board. The Board intends to take appropriate action to reduce the number of directors following the anticipated completion of Touchstone's previously announced proposed acquisition of Trinity Exploration and Production plc.

Some was paid for by a placing at £9.20 (£51M). Anyone buying now is getting in under HALF PRICE to that.

From IC:

"GfK, the leading market researcher in Germany and Italy. The €315mn (£270mn) acquisition has materially increased the size of the group, with management hiking up its three-to-five year revenue guidance by £150mn to £650mn, to account for the expected contribution from CPS."

Thinking about it, they probably have not updated the back end as it used to be Setsqx and a stop loss would not be possible there.

Any traders know why no stop loss available on YOU shares (not CFD)?

Dont forget YOU have already talked about listing in the US where they would be valued a lot higher. This type of shenanigans will probably make their mind up. YOU recently switched to SETs trading to try to increase international ownership, maybe some buying later when the US opens.

The low end consensus is £9.60. I think the £8.30 was a fair price giving £9.60 as a short term target. Watching the trades, its clear this has been smashed down, and now the stock is being bought back. No wonder YOU wish to move listing to the USA.

That does not look like PI's selling today.

Sold all of mine at 477 / 475. The RNS today puts a ceiling on the upside, and I thought it was a strange announcement.

Good day to buy other stocks.

If anybody missed it, interesting RNS came out yesterday with Milkwood up to more tricks. Worth a read.

Sounds like the board has thwarted them using the dividend route then delaying the EGM until after the dividend. Thinking about this situation, would you say that Milkwood has zero downside on this manoeuvre as they will get the capital returned worst case, but best case could steal shareholders money below NAV. I really think its the cash they want to take, not the holdings.

Gotta love this stock for the movements. I expect they need to close their short before this gets suspended.

Honestly cant see how the current price action is profitable for short sellers. Even they are supposed to sell high and buy low. ITM has a average broker target of 98p. The low target is 46p. This is the consensus from 18 analysts. Therefore the short selling is almost offering a risk free entry for a 100% gain. I cant see how they think people will sell down here (other than stop hunt), but I expect more are buying than will sell. I have taken absolutely loads of ITM, having sold it all the way up to 60p last week. Easy money.

It has been announced that the offer for FireAngel, one of the Company's investee companies, has now gone unconditional in all respects. In accordance with the Board's stated intention of returning cash to shareholders, this makes it practical to declare a further special dividend. The Board today has therefore declared a third special interim dividend of 17.5 pence per share, equivalent to, in aggregate, £8.0 million (the "Third Special Interim Dividend").

The Third Special Interim Dividend will be paid on 18 July 2024 to shareholders on the Company's register of members at close of business on 28 June 2024. The Company's shares will go ex-dividend on 27 June 2024.