Member Info for EthioEthio

YOU AIN'T SEEN NOTHING YET!!!

Up we go back to where blackrock took 1.2% at 38.85

Well done to those who topped up.

The recommended offer will shock everyone... GLA

Technical traders will see....charts looks super super good......how are we doing shorts hahahahaha

the 1 day pointing to a bullish reversal from 42 high. 15min macd has also crossed over. Looking very strong.

The bulls have come back....Let's go!

Charts looking super good!
Daily has crossed over
15min just about to
5min kicking on

shorts panicking it seems Lol

We'll close 25.70

Move her up and you will get more volume, we told MMs. That's exactly what's happening.
Volume at the minute is almost the same as we had by 4:30pm yesterday. May double by close from here.
Buys are 2 to 1. The bulls are back!. I guess we're all happy to see a downtrend broken and a 3rd day of blue is on the cards. Break 28 and volume will be much higher which will move us to 34 region. GLA

DS has retweeted the Kitco Hourly Quotes 100s of times. In all honesty, there's not much to read from that.
Pics of WK is just to show we're business as usual until the recommended offer has been accepted by the BoD and announced. no restriction for DS to retweet.

DS was inactive on twitter for quite a while until last week. He must have been extremely busy processing the deal. The fact that he has time for twitter tells me its over to the lawyers.

bottom line
Under the FSP, DS is not allowed to give you ANY clue as to what's going on with the deal.
could he be trying to tell us this, that etc = him breaking the FSP rules which he would never do.
So like i said above, don't read too much into it.

GLA

Williamsburg
He has retweeted during FSP lots. No restriction on that. GLA

lancerman
He's still in the FSP and can re-twit as he's done before during the fsp but like you say, he's been quite since late Oct.
May be his work is done and its time for the lawyers to close it out. I very much doubt he needs to nudge any of the buyers, they all know each other and the future of our minerals. We're very close to conclusion. All positive me think. GL

DS twit :) WOW

DS must read my posts Lol

I posted how Palladium and Platinum have been on the raise earlier today.

Platinum 32% in 6 months

The price of our assets going up is what matters.

Jack689
87p bottom
£1+

UT 23 to UT 24. What next....in all honesty, i don't care if we stay at this levels until the recommended offer lands. To those going all the way, it really doesn't matter if we're 29p or 23p. It would be nice to see us back up to high 30s but MMs will do what's best for them. Its clear to anyone the current SP is false as we were at this levels way before we got flanks, DFS, blackrock, confirmation of non binding offer etc.

When you look at the volume, you would think MMs would make money by raising the SP , increasing volume but they don't seem to want that. Why are MMs intent in suppressing the SP way below value of the company? From this levels, there's more money to be had when the offer lands that's why!

Like Gecko, am also going to chill until the offer lands and will post on the big day. GLA

--- The longer it takes, the bigger the deal
--- UBS continue success in the M&A sector - best in the world

Sharpeye52w
4x100 is nothing compared to what we saw yesterday. I stopped counting after about 16 but someone mentioned they counted 24. The manner they were being excused indicated a seller to me. The MMs knew they had a seller and hence kept dropping half a point as soon as the transaction was printed for 100k. I watched it play on L2. The 2x 2000 below printed at 12:07 and 12:08 may have been 1 person.
As for building a short position , at this levels for that kind of volume is asking for serious trouble. I very much doubt anyone would be crazy to open a short position so close to the placing price where we got a lot of support. MMs were stacked up on the bid side every time we got to 22. You had 4+ MMs on 22 which in my experience indicate bottom. We've had a few big sells by different PIs but nothing that makes me think there's a seller (consistent). I could be wrong.

not great volume today just over 7m but like i said earlier, the 100k has quit which may also be reason for volume drop. If buyers come back proper, we'll close big blue.

Will we get an intraday RNS or AH? Will it come at 7am or between 4:30 - 6:30pm? If it lands intraday, expect to see SP shoot up in a straight line , about 5% below the recommended offer. Its coming!

If anyone noticed on L2, the MMs were dropping us half a point every time 100k was printed and i felt that held us back yesterday. It seemed to be a PI as they were waiting for half a point tick up or a raise. As we're not seeing that today, we may well see a proper blue finish but predicting these MMs is not easy.
Platinum has gone up +35.82% in the last 6 months #allgood

Looking good today.

2 things

1
Platinum up +26.05
Palladium up +10.17

2
100k seller seems to have run out of gas
There was quite a few going through on the raise yesterday.
so far, I've only seen 1 x100k sell.

The price of our assets going up by the minute helps/proves a point in negotiations. gla

I came across a company on AIM which has gone up 19,373% in 1 year :)
Not a lot of peeps seems to know about it. Can EUA beat that? Lol

Les1210
I've got ggp on my watch list but i'm not invested.
Blackrock came in at 38.85 here and no options involved. If they bought options at ggp, the company would have declared it saying exercisable @ x price.

Delayed print

14:58:20 23.00 1,123,595 258.43k

1.1m shares - BUY

broke the 1p drop a day...hoping for news tomorrow and if not, another blue day.

The recent drop has allowed many traders and short term holders to get on and they always sell into the raise. As soon as we reached 10% , they were at it.

I was looking at 2 or 3 companies which have been taken out and found their sp dipped before offer arrived. COS being one of those.

Monty and others have suggested we may drop big if we reject whatever offer we've been made. They forget the SP matters to the BoD. They have more in this than any of us. There is very little chance a deal won't happen but if buyers try to take the ****ss, EUA will release an RNS with exact numbers of our assets such as what we have at MT, the amount of Rhodium we have at WK etc. That in itself will shoot us up 3x current SP i think. Our BoD have played this like no other. We're in a win-win situation. This is not a binary play like some pharmas. We have world class assets not currently reflected in our MC.

Its amazing how ggp and eua have been tracking each other. 2 very different companies with gold being only common factor.
GLA

We have told you. EUA is worth MUCH MUCH more than the MC we were on 1 hour ago.

Well done to those who topped up.
The drop was slow and aimed at frustrating PIs. We knew the climb up would be much quicker as we've seen this before.

GLA