Member Info for deepjoy

Yep... Good sign and they are having to raise the Bid price :) it was coming yesterday on the strong support levels at 12.90 bid

seem to be struggling to fulfill their obligations to provide a buy price at least 90% of the time ...Anyone else struggling as I cant get any meaningful quote on AJ bell for the past 40mins..??

Meanwhile NT for the last 15 mins LOL :)

PS.. support level I meant LOL :)

looking better here now. Last time i said that it marks a change of trend so here's hoping :)

Demon.. 100% agree and I am primed with the last remaining cash pot I have :)

Pete... In summary for trades above a certain level of volume (known as the EMS) which the MM has to honour as a trade volume then all trades above that volume can be delayed in reporting. This is not common in large stocks but is in micro caps and is allowed. It seems to be a feature of this share. Also if the MM widens the spread to attract buyers or sellers then often the mid price is largely irrelevant. The stock market guidance states that reported trades (sells/buys) are a guide only not set in stone as the underlying share price can move quickly and very close to the mid price etc..

The way i gauge this SP is always the bid price movement as the underlying volume (late reported) can be huge compared to real time printed trades. Hope that helps and others may have more detailed knowledge of course.

Strictly .. cheer up mate.. it's only theft if you get robbed by selling short term. It has actually been pretty good for me the past few weeks topping up at prices that I consider below market value.. This churn also helps reinforce the base for any re-rate remember .. All ok with me anyway :)

PS.. I'll buy more if we get to 12.5 but i ain't holding my breath :)

HEALTH WARNING I have no evidence for this!!

But my impression is that this move is Starboard LP who haven't posted US filings yet and won't till August for this period. But my hypothesis is that they are the ones selling having turned the taps off a while at 11.4p... This is a pretty big retrace and with people stating that they bought and trades not shown indicate to me that we will also have some pretty big delayed sells getting reported. If it is Starboard at least we know their floor but we do not know how many they have left (25m shares block sold somewhere 5th June remember).
Interesting on live pricing you see the MM putting up a small trade every half hour at near the ask to justify holding the spread, that happened a lot a few weeks ago. I think we have this seller here still but, on the bright side, it could flip any time and at any price as they have had to have shifted the vast majority before so selling in the hope of topping up lower is a high risk strategy ....12.75 is 50 MA level and that will give a good indication of support.

Good opp may present if you have the funds and confidence :)

Ivy.. Don't disagree although I think there is a slight disconnect at the moment with facts and timescales. Orph will be lucky to get approval before the end of the year for the challenge study model, even with the new hands to the pump. meanwhile the media are pushing the Moderna story has having plans to complete stage 3 by September given FDA approval for fast track development. Now the question is how reliable a 30k people randomised trial will be, how how the time lag also. Recruiting people at end of July but trusting community infection levels will provide the base line. I am not at all convinced this is an silver bullet by September. Happy to hold

I had an initial small stake in here last week and so far have done very well but looking to add more. For what it is worth I think this is a technical retrace nothing more after a stellar rise and often these can be brutal in the short term, especially as momentum fades a little. I haven't topped up yet but I will, people take profits and traders buying the initial fall get bored etc, etc. Patience is key ....GLA

I see a big resistance level at 15 here ... If we break and hold that to close one day the gloves are off but it may take more time than most may assume. No way this company is worth less than the conservative broker estimate so patience is key for me at the moment. GLA I am off fishing again, works wonders for the SP as well from recent events :)

Yep agree. Also good to remember that riding your losses is hard but riding the winners is the hardest thing to master! :)

Well yesterday was a welcome boost to those of us who kept to our guns over the past couple of months. research and patience the two traits that have always been successful for me although it took a few years to master them. Nice to see the BB positive; long may it continue :)

Demon, I covered the reasons I thought acacia and Starboard LP were in cahoots on the shares aquisition a few days ago. Both have been selling the entire 38m and I agree they are very nearly out (if not already). Starboard took 25m which accounts for Acacia's TRI with 13m left a couple of weeks ago. The finance deal between Starboard and Acacia from Feb 20 and Nov 19 is sumarrised in some of my previous posts with references for people to do their own research.. I am now very bullish on this stock. Roll on this week :)

and to you Gun .. cheers :)

Well its friday, nice volumes and we still have the Mello event to come tomorrow which has a big money audience. I am off for a spot of fishing have a great weekend all. Orph will take care of itself but I must admit I can't wait till Monday. Cheers Deepjoy :)

I cant see it myself..The easiest way is to find a penny shell stock and do a reverse takeover whereby you reward the existing directors with shares and options etc. From my limited understanding of what happened with Bidstack a few years ago is it straightforward to do and once a prospectus is issued the new company is listed (in the same sector of course) doesn't cost a lot. He cant reverse into Amryt they would either have to buy immutex outright or do a massive share issuance to accommodate existing immutex interests into their company so why would cathal dilute his own company to aquire another company he owns ?? Just thinking out loud ..

Tip.. I'll have that one .. two outta three aint bad :)