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They can't fight the green light.

Looking a healthy market but my buy not reported so strength of market not completely showing.

They are in a LPG bubble by the sound of it in ASEAN area. LPG is quite energy consumptive to make so loses energy with less for the grid/home/farm

Perhaps we have a bit of sway pushing Phulbari

https://www.gov.uk/government/publications/uk-asean-factsheet/uk-asean-factsheet--2

Sounds like air conditioning will be required for survival so cheaper better coal needed to boost cheaper reliable electricity.

Market is nicely limited by lack of liquidity and all positions taken.

Lifesgoody, I don't think getting the green light is a gamble. It is expectations when it arrives that vary but not much downside possible so a risk free bet. I caught the low today (smaller of the two) so reason for being vociferous is that I am well exposed.

The minute chart on IG stops at 8.25 for me

the daily volume is 2.643M on IG

LStockEx has 2.394M

Aquis + LSE on this site is 1.718M

at least 2 report wrong.

Buy volume was too big to take it down though they did try to manipulate. I hope today's action repeats going forward assuming I got it right. Looming GL the MMs cannot influence!

Aimofthegame6@ 9.57 was very instructive for me. The conspiracy mankiniparty is further exposed for me and helps peeps hold on to a stake because as I now see it SCAP can ring AXIS and say we have a flurry of orders at 5.5 please provide the liquidity to satisfy thus keeping the SP down. Even the earlier delayed report at 5.261 could have been an AXIS 'internal churn' to hoodwink the market.

With GL so close (a given because China involved at highest level to drive 'belt and road') we need tight hands for Tang to stay at the helm as our flag bearer so an explanation of obtuse trading activity needs airing.

Ha @ 10.29(2) see delayed buy coming in thread.

Aimofthegame6; not sure if yours is a general observation but is a good one. I am assuming the 5.75 buy can be filled by the MMs with shares from Axis but has to be reported late when the deal has been worked which is fairly normal practice. What is unusual at the moment is that there are no genuine sellers and these delayed reports appear all the time so that needs an explanation. In a rising market the delayed trade appears after hours when the higher SP has drawn some more sellers onto the market. A few strategic sells from Axis after the 5.75 trade at a lower SP keeps control of the market with an MM playing along. All legal of course but satisfies me until I read an alternative explanation I prefer.

Could client accounts at Axis India/Bangladesh be the float that is tradeable and the UK broker of Axis has these on the order book to feed the market as required and after satisfying genuine orders balancing trades appear as delayed reports from this float to keep the SP in the required range. That would be a feasible game before the GL ?

I agree GP. They are behind the curve and hitch to the any wagon if it suits them or their factional vested interest. Hasina is no leader except with the factions she is able to help. Those using their brains are not in power and those that are in power have their begging bowls filled and that is why it is so difficult getting Phulbari over the line until they respond to immovable forces like no money for the bowl. Phulbari can undeniably provide for them- the only low hanging fruit and a good start to exercising the grey matter. The FDI angle is a good one for us.

All the brains work in journalism which is full of good stuff and that is why it has to report ahead of policy announcements- sort of sharing in the glory aswell as acting as justifiers of policy.

Their urgency is in our favour but the China summit was set far too far ahead.

This was the old conversation. I was sorry the NED appointment did not have a Chinese/Bangladesh flavour

https://www.lse.co.uk/ShareChat.html?ShareTicker=GCM&share=GCM-Resources&thread=8326AEA6-C3BF-4958-81B3-1A1EA9FB9F9A&reply=true

https://www.lse.co.uk/rns/GCM/appointment-of-independent-non-executive-directors-tdvo0yvnne57tnp.html

I always consider China as one business unit; GCM and PC as the prime movers for the contract seems likely and the CCP playing catch up.

Duster; don't make yourself ill like me with the wait.

I already said that ; I did a precis of that on6/6!

"They don't need to budget for OPM at Phulbari because equity and PC debt will finance it and other private sources no doubt. The budget power allocation will reduce in 2026 when coal mining is operational meanwhile they pay for coal at import prices. Laying the infrastructure is important for all in the chain of electricity production and does require the allocation to the Power Division. A quick layman's response to The Daily Star."

I await seeing what the pivot to China will herald in July. The IMF and $US may become irrelevant. Phulbari/closer China relations will be conditional to many PC/China demands and what will they be I wonder.

" I did at one point think, have we got a major shareholder selling, but I have actually discounted that possibility as not happening."

I am sure that is happening but as a controlling group of associates; they do controlling sells at a price for their overnight level. They lost control yesterday during the day with the weight of buying and the agenda they have of pinching PI holdings was easily applied. I just hope it is for the profit of clients but could be something sinister-all within the rules of course. The main thing is to prevent their accumulation by good analysis of their bad practice/s and thwart them by having safe hands or a market binge such as DocHoliday's induced binge.

"insider trading and frequent market manipulation" para 11 https://www.thedailystar.net/business/news/challenges-and-policy-pathways-private-investment-3626006 courtesy Jollychippy 3/6 21.55 post.

DocHoliday buyers set back the range control agenda which will have reduced the % of shares held by the controlling group which they want to keep as big as possible so I hope new buyers stick it out and there are more days like yesterday undermining the dark controller.