Member Info for E_AL

Looking good so far :)

# Trades 518

Vol. Sold 376,164
Sold Value £443.31k

Vol. Bought 991,413
Bought Value £1m

MMs are maintaining a big spread to stop day traders from buying while hoovering the impatient traders/weak hands shares. We'll see some recovery back to 7.5-8.5p (min.) soon.

Another late big buy just showed up, surely not a PI ;)

12:41:02
828.00
10,000
£82.80k

@Bing007 I very much agree, there are two screens on my desk, one of them only showing NCYT's L2 and I can assure you that someone is manipulating the share price to buy in bulk while tightly controlling the BID/ASK.

Currently the L2 looks like a compressed spring waiting to be released!

Nice buy just popped up!

13:08:28
834.50
17,750
£148.12k

Silver is climbing back up (52 weeks high today) so why the sp is dropping?

Mousekewitz , it’s not but I hope we’ll get an update from them next week. They hold 1.22% short position in Amigo since 18th of Dec 2020 which is the only >0.3% short position here.

Investment firms have their MCap investment criteria. If the MCap of A company within their portfolio drop below the average investment criteria then they have to sell.

I think this is what happened here & I won’t be surprised if Whitebox picked some of Aberforth shares to close its short position.

The selling pressure this week has been substantial, Aberforth Partners LLP Sold 5.78% of Amigo’s shares since Monday that’s 1.926% per day, almost double what James Benamor used to sell per day last year.

Saying that, the share price held well and bounced off the 52-weeks low. I can see a technical bounce back to 8s.

I cant buy as little as £1K at the moment ...................

Amigo has tweeted back to this:

“ Hi DebtCamel, this blog post is misleading customers, as an administration will provide no ability for an Amigo customer who had a historic loan to get any payment for a valid complaint they might have.”

Great buying pressure but the sp hasn’t moved so it looks to me someone is offloading his handlings, maybe Glen?

# Trades 2,065

Vol. Sold 21,045,809
Sold Value £1m

Vol. Bought 40,321,870
Bought Value £3m

Should we expect RNS from Petrofac about this update?

Monday 25/01/2021 - by Allister Thomas (Energy Voice)

*Stena Drilling bags Petrofac North Sea contract

Stena Drilling has won a new North Sea contract with Petrofac. The energy services firm has hired the Stena Don for a 76-day operation in the UK sector.

The Petrofac one-well deal is expected to kick off between July 1 – July 31.

Stena Drilling, which is headquartered in Aberdeen, said the operator is not being disclosed.

It said: “Stena Drilling are delighted to secure work in the UKCS for Stena Don, and look forward to working with Petrofac to complete a safe and efficient campaign in 2021.”

https://www.energyvoice.com/oilandgas/north-sea/293614/stena-drilling-bags-petrofac-north-sea-contract/

A tiny amount:

“ The consideration received by the Company will be £30,000.”

well, imagine where the sp would be if the market wasn't down :)

Be aware of MMs, they are dropping the BID on tiny volumes.

Looking at the chart we should see recovery from here

Countless 50,000 BUYS have been going through

So the £1m buy was RYE closing :)

NewKOTB, even IF there will be a large fine it definitely won’t bankrupt the company, Petrofac has £5.46B in assets, £2-6B in revenue, CASH £857M, a credit facility in place and pipeline business of £5.5B.

£1M buy!

16:49:01
106.5281
1,035,151
£1m