Member Info for E_AL

It looks like someone is loading up on the cheap, there have been several large purchases since the market opened. for example, these just went through:

01-Jul-24 09:02:45 412.00 6,795 Buy* 410.00 412.00 £28.00k

01-Jul-24 09:02:32 412.00 18,205 Buy* 410.00 412.00 £75.00k

01-Jul-24 09:02:32 412.00 18,205 Buy* 410.00 412.00 £75.00k

01-Jul-24 08:57:07 412.00 37,500 Buy* 410.00 412.00 £154.50k

Why not ??

They were significant trades from about half an hour ago, and then the price surged. Interpret that as you like ha

I've doubled my position here . The stock is already oversold on the daily and monthly charts and it is very close to the 200-day moving average (398) on the monthly chart so the rebound could happen at any point near it

I've revisited the technical charts and I can confirm that YouGov is currently oversold on both the daily and weekly charts. Upon examining the monthly chart, it's clear to me that the short sellers have been triggering stop losses aiming to reach the 200 Days Moving Average at 398, which serves as a strong support level for the share price where chart and value traders along with certain funds start to hold positions. In my opinion, we are at a turning point price level where short sellers may finally let it go.

GLG Partners LP reduced their short position yesterday by 0.08%

The share price has been manipulated so that deep pockets can load up on the cheap while it is at its lowest.. Two chunky buys have just gone through ;)

14:25:44 422.304 71,958 £303.88k

14:25:39 422.305 26,855 £113.41k

Yep, it looks like the big seller has finally finished.

Another £1m purchase just reported 3 minutes after the first one !

15:49:31 464.00 298,256 £1m

Someone is covering ;)

This chunky buy has just gone through:

15:46:02 464.00 298,256 £1m

Jgjam, GLG has reduced their RS short position from 0.9 to 0.71 as for JP Morgan , they opened their 0.56 % position yesterday which likely contributed to yesterday’s massive drop in share price.

Yesterday was the highest daily volume YOUGOV ever witnessed since its listing (20x daily average volume) . Today we only had around 3x the daily volume so the selling pressure has dropped.

We had a strong finish instead of further drop (3 days rule) so I think we’ll see more share price recovery next week

Brokers rating in the past 24 hours:

1- Deutsche Bank cuts YouGov price target to 1,000 (1,375) pence - 'buy'

2- HSBC cuts YouGov to 'reduce' (buy) - price target 370 (1,165) pence

3- Berenberg cut its price target on YouGov to 1,200p from 1,350p

4- Peel Hunt retained ‘buy’ recommendation and target price of £15

All major shareholders here hold less than 5% of the company's shares, except for Abrdn Investment Management Ltd, which holds 5.607%. If one major shareholder has been selling, based on the trading volumes from yesterday and since the opening today, they are either done selling or almost finished. Despite yesterday's RNS , the updated price targets remain around 1500, and looking at the tech chart, it appears heavily oversold so I believe we'll see recovery this afternoon following yesterday's significant drop.

Today has seen the highest daily trading volume since YouGov was listed (around 9M shares)

Berenberg cuts YouGov price target to 1,200 (1,350) pence - 'buy'

Looking at the chart, I can see it bouncing back to around 600 soon

Yara inaugurates the largest Green Hydrogen production plant currently operating in Europe in Norway.

We are proud to announce the grand opening of a 24 megawatt green hydrogen plant developed and built by Linde Engineering for Yara International. The plant is based on ITM Power's technology and will supply hydrogen for the production of low-carbon fertilizers. It was officially opened by Norwegian Prime Minister Jonas Gahr Støre and CEO Svein Tore Holsether at the Yara industrial plant in Herøya in Porsgrunn, Norway.

This innovative project represents an important step towards the decarbonisation of energy-intensive industries, saving up to 41,000 tonnes of carbon dioxide emissions per year.

https://www.linkedin.com/posts/linde-gas-italia_idrogeno-transizionenergetica-lindeiseverywhere-ugcPost-7208754750492704770-RlOP

*only have £1.2m in cash on the 31 March 2024

Sorry fat fingers :)

Sorry I am new here, if they raised £9.86m (before costs) on the 14th of March then how do they only have £1.2m in cash at 31 March 2024 of £1.2m ?

Cash £230 million

Inventories £76 million

Total £306 million

Current MCap £296 million !!!

So, essentially, the world's largest electrolyser factory, if you don't count its impressive cash and inventories worth a staggering negative £10 million