Member Info for DestituteBroker

Offer price now below a penny at 0.998. Averaging down just gets cheaper & cheaper. Problem is with deflation, why buy today when tomorrow may be cheaper still.

Hi Spud, ‘fairness & compassion’ is not the way the stock market works. It’s only worth what someone is willing to pay, ‘dependant on the circumstances, at the time’.

£9m market cap & still no takeover offer. Maybe the £5m range will be a more realistic price tag, time will tell. Exciting times.

Day low 1.51

Greenfingers71 hi, the only answer I can offer is that Traders who do this for a living only buy on up trends. It appears that the untrained favour the opposite

Hi Speedy, good to see that posters here are fully informed & there is no lack of understanding of how the stock market works. There’s no change to the business model, is there. The key point highlighted by Patientpoor is ‘several years’ & Geng the listing limit. If the sp falls to say 1p over the next couple of years & then there is a share consolidation eg say 25 to 1, then yes you are correct, after that the sp could easily fall by a further –4.7p from the current level, in that time period. What was Friday’s turnover 25 trades. Sales volume has to improve to cover the running costs.

Well No-loss, which bit of my post you not think is plausible ?

In several years time, in the absence of alternative funding & based on recent performance, I wouldn’t be surprised to see the sp in the region of five pence below the current price. Sales volume needs to increase.

Lucando. Firms list on stock markets for ‘funding’, not as a charity to make others rich. Contractors are used to sell the shares into the market because that’s the cheapest option. Traded volume is an issue.

Daniel hi, the stock market is marketed as an investment but as you are realising it is more often not. However a few maybe extremely lucky. It’s only PI’s that view this as an ‘investment’, everyone else involved views this as an ‘income stream’ because that’s what pays the industries wages. Overtime I bump into people that have lost fortunes. The money has to come from somewhere, as there’s no magic money tree.

If in the absence of alternative funding, possible options are, wait until the current selling has finished, prior to another placing to fund this years operations. Further on, should the situation restrict, a share consolidation to enable status quo to continue. Cossy recently asked about this, did he get a reply ?

Hi, good to see some healthy interest. Here’s a ‘very brief’ answer, As I posted the other Week the trades are off book ACTX. It’s one order broken up into small pieces, being worked by a trader. Also known as a sweep order. Off book trades do not change the share price during trading, so that needs to be achieved by routing odd ‘A’ trades to the lse’s order book which then allows the price of the quotes to be altered. Otherwise the trader, which you refer to as a market maker, looses their place in the stack. What happens when you ‘flash’ your quote & deal order ? There is a lot of grey detail which is confusing, some would say deliberately. Look up Quote driven Market vs Order driven Market, they appear the same but are very different. The trader will work between them & other venues can be involved too. Darkpool’s are used less now due to Mifid 2. People mention DMA orders but you need to be aware of which venue these are being routed too. The stock market appears simple but it is actually very complex. Only those that have worked in the industry in a Pro trader capacity will know the market set up. Henners007, one a/c is already in the process of being sold down, if there is not enough volume to make the exercise viable they too may move on. All that is occurring is normal activity throughout the industry.

Someone posted once that they would like to buy shares but were too frightened. Obviously someone is very interested in the stock but wanted to limit risk, so only bought 1 share. Someone else thought the same so only bought 3 shares & so on. Always best to be cautious.

Looks like there might be more to making money in the stock market than just internet searching Nickel & Batteries etc. Historical graph data vs what is occurring in real time. Try looking up ACTX trade identification flags. Anyone fancy trying their luck trading against a Pro set up & algo ?

Trade4profit hi, it’s usual for these levels to be tested. The trader in question should be making profit from the book activity, which will offset against lower prices. The most important factor here is Sales Volume, sadly there just isn’t enough & marketing comes at a cost.

Is it mm’s or a pro trader ? Are you saying that they take the quotes out, so the next unknowing PI buys at a higher price, surly not, good to know your adversary though.

Lucando hi, here’s some pointers for you, The effects of Mifid 2 on the market set up, reason why amc joined the Turquoise exchange last November, the new trading set up applicable to amc since November this year, who maybe doing the trading & lastly the current modern trading method used by Pro traders & what may be their objective. Something to ponder over Christmas perhaps, alternatively this is all about long term investing right ?

In the absence of marketing the volume dies away & gradual price decay takes hold. Roll on next years placing to enable the payroll to get paid. Can’t see folk working for just shares, year in year out.

Hi Geng, I take it that you like the new trading set up. There suppose to be Chinese Walls, between the MM desk & a trader desk. The interesting thing about a low volume stock is that it’s so easy to see what the Pro’s are doing. Although sadly, very few here understood the last set up, which was easy money & the reason why some of the large holdings recently sold up.

Bolting the stable door after the horse has bolted, GB33 ?