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Interesting, it use to be $70, must be due to the inflation caused by high oil prices. But seriously it is interesting that the price needed has risen by so much. Inflation stokes inflation ?

And that is only the short positions that you are aware of. They are not the only ones. Which applies to all stocks.

Bankrupty, take a look at a 10 day+ graph, the previous SP’s to today have re rated. Yesterdays close 1.84 is now 0.04. I’m guessing that this might be due to an issue adjustment.

Bankrupty, I have made an error re the dividend value. Based on the original issue the SP works out at around 0.00397 However there appears to be something else going on. Possibly the issue has at least doubled which would explain why the stock opened at 0.0020. Time will tell.

Just looked at the LSE & this appears to be no longer listed on the LSE but there is the Turquoise venue still present.

PDC 1.84 x issue = MC £25,628,850.60

A year ago £5.3m in the bank say £5m now ?

Total say £30.6m

Less Dividend $35m = £28m177,450.00

Balance £2.6m / issue = SP 0.001866

Currently trading above at 0.0025

Hi Geng looks like the $35m has been deducted from the Market Cap with possibly a Short position adjustment. The issue might be around 6b407m242,845 shares. More clarity tomorrow ?

Has anyone received the payment today or has this dropped for other reasons ? I note the 5.81m large trade yesterday which should have a big impact on the market cap & on my level 2 the issue value is missing.

OIL motoring up, ENQ now in pole position at + 3.03%, TLW drops out of the running at + 0.88% due to a x100k sale. Just £25k worth but big enough to cause the damage with a low volume stock. Well dune to the seller & commiserations to everyone else.

TLW is under performing it’s peers because no ones buying the shares. Note the Marketing. The Industry won’t move it up so We can take money off them. It works the other way around. More PI’s trading HBR, which is one of the reasons why it’s up by 4%. Also a good trade with GKP. PI’s always chose to forget that there is an Industry sitting in the background running the show, for their benefit. Nothing occurs by random.

Does anyone know the ticker for an existing Shell Co on AIM ? I ask because I would like to know how easy or difficult it is to buy / sell the shares. I wonder if setting the Shell up is the reason for the three Month duration.

The Industry make their money by taking it off PI’s. Simple as that. The SP has nothing to do with TLW, Oil or anything else. Take it up, PI’s buy, in then pull the rug out & their sales close the Shorts on the way down. It’s just a play thing for those that control it.

Looks like ‘Someone’ decided to close some Shorts. Considerate of them.

Has anything changed ? The low yesterday was 21.82 & at Open today 21.92. Wont be seeing those prices again anytime soon or will We ?

Issue is that the Graph is littered with Short covering bounces, Flushes & false Bottoms, all the way down.

This looks to be a buoyant one this year, if I were the Board I would cancel it on Heath & Safety grounds. Alternatively they could lighten the mood by offering an onsite Soup Kitchen & Food Bank for attending Shareholders.

Correct the correction, a 2 year low.

I get no joy in correcting, that this is currently sitting at a 64 Week low.

The US Debt ceiling needs to be addressed by June 1st or the US will default on it’s Government Debt. Highly unlikely that this will occur but it might. If it does Markets might Crash. Structural issue is that some economies are based on Debt, which can’t be increased indefinitely.

Next UP, high possibility that the US will enter Recession this year, for a short period.

These factors along with many others ie subdued China reopening are causing Market jitters, which are being ‘exploited’.

There are rules, there can not be more shares Shorted than there are in issue. Each Shorted share has to be borrowed.

The Industry make their money from Order-Flow-Volume which is non existent on these stocks. It’s also a quiet time of year. This is just another way of making money off the listing.

If that’s the case Patel, then why are the same Repo trades , that’s the Client lent stock, going into ENQ as well, to Short sell it down ? If your point is not the case then it’s just a Standard Industry trade with no regard for the listed stocks, also their Clients. Lets hope the guys get their bonus’s on this one.