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Absolute nonsense. Again, a total Lack of understanding of markets. It’s almost comical. New Issued shares went largely to one person, whom if selling on your weak assumption that people ramp the share price to flip their 10% discounted shares, would need to be delisted every 1% threshold crossed. Therefore, false information from you again.
Oh gosh, learn English before engaging perhaps. Why bother posting on something you have no interest in (because you do not have a short position, almost no one does), so what a sad waste of your life keyboard warrior
Brilliant! Just read your next bit - if he were confident he would have bought on the open market. A bid of £850 can’t get filled because of very low liquidity and you ask someone to justify buying on the open market - all that does is inflate or deflate a share prices to levels that don’t truly reflect where they are at. End of the day, is this discussion would still be the same if the not cap was £1.5m or £6m - it would make little difference - anyone can move this share price up 50% with £30k if they wanted to. The real question, is when nonsense that you talk about gets put to bed when the share price moves up 10x. Stay tuned
This is comical MrMagic - you actually say some semi-accurate statements at times, but a statement like ‘closes down 4.55%’ is your biggest demonstration yet that you are clueless when it comes to understanding how markets work. This has taken the last print of the day (and can be easily manipulated) it doesn’t show the fact that there has been a level 2 order of much bigger size to buy all day at 0.53 does it. What would that mean for the *actual* closing price? That bid returns tomorrow morning again, so where does that mean the share price is? Clueless sprouting of nonsense.
Wow - our conversation is over. I cannot deal with the low level of intellect. You jump from conclusions on both sides without pausing to breath and reread. No, I never said I was awash with cash (as you assumed to start), and I never said I did not have cash either (despite a $40m business) - yet, because I corrected your forest mistake and premature conclusion, you instantly transverse to the opposite conclusion. Simple hypothesis at best.
A couple of things here, before I sign off for the day - I don’t know where Magic gets the time from because I certainly don’t get paid to post here, as most don’t but hey, everyone has an agenda it seems.
1) it’s naive to assume I or anyone would buy an entire company.
2) to expect someone to cross 3% and the public be aware of any incremental 1% holding suggests you have no idea how aim stocks really work when the negative players get burned. You wouldn’t even know until someone holds close to 30% as multiple parties in an investment vehicle could invest
3) I never once said I was awash with cash. The fact I own a $40m Business is beside the point, but it goes to show the actual lack of noticing details from many here. Read my first comment and then my subsequent post about investment bankers and people that manage portfolios. The money was not mine, yet you jumped to conclusions. Could I afford to buy the whole company, yes. Would I buy 3% and sit here with an incompetent BOD? No. There are better means than letting the market know through 3% RNS updates.
Good luck.
You sir, don’t sound like the smartest cookie in the jar, at least perhaps maybe you have enough time on your hands to type out that many ‘ha’s’ suggests monotony hasn’t got to you yet. One should never jump to conclusions without knowing facts, but I guess that’s why you sit and post close to 5,000 times for free on a forum and haven’t done more perhaps with that (although I’m not sure and can only guess that without concluding or insulting like you have). I really have no reason to sit here and make stuff up, I can certainly assure you of that. So as I said, fee free to point out any bit you don’t think is true, name whatever price you want and we reveal who I am. Unless you want to remain sitting there jumping to conclusions which is a very low form of wit and self deprecating.
Thanks very much, but honestly speaking, managing a large portfolio in a bank means very little these days. People running them are ‘only’ walking home with $500k-$2m (Max. Per year) and their absolute wealth doesn’t come close to reflecting the sums they manage. There are success stories, but by no means most of the people I worked with were not ‘the smartest guys in the room’. Similarly when you see people On AIM moaning about market makers - I can assure you, small cap ‘traders’ in banks are as clueless as the retail
Investor base. They open a wide spread because they don’t know what they are doing/expecting, yet often aren’t even allowed to hold more than $50k of AIM stock on their trading books.
Alright big dog, how about we put $100,000 on it, if you can scrimp together your pennies? You agree and we sign an agreement then I’ll reveal who I am and you can check that information is true by who I am over a background check. Simple. Or you want to be a keyboard warrior?
Are you really using £7-£500 trades as a ‘trade list’. I’ve seen you comment here for a while, and some of what you have said is valid. But I’ll give you a clue, the letters in my username are banks where I have managed €1bn trading portfolios at each, and have a little bit of an idea what I’m doing. So Magic, sit back and watch what happens next here. Because you are far out your depth with what’s coming