Member Info for EthioEthio

Mac

Your comment about bitcoin was spot on. I don't think a lot of peeps consider the amount of energy needed to mine bitcoins. US official made the below comment which seems to have crashed bitcoin price for now.

"Bitcoin is an extremely inefficient way of conducting transactions and the amount of energy that's consumed in processing those is staggering."

horse.mouth

add all those printed red (sell) and compare with all those printed blue (buys). You will get the figure i gave you below.
All these unknowns are buys. Lots of those printed in red as sells are also buys. MM used large spreads to mislead. Factor all that in and you can conclude 70/30 to buys. I

22-Feb-21 16:29:47 22.25 33,100 Unknown* 22 22.5 7,365
22-Feb-21 16:29:35 22.25 250,000 Unknown* 22 22.5 55.63k
22-Feb-21 12:58:30 22 10,000 Unknown* 21.5 22.5 2,200
22-Feb-21 12:54:57 22 4,000 Unknown* 21.5 22.5 880
22-Feb-21 12:50:42 22 25,481 Unknown* 21.5 22.5 5,606
22-Feb-21 12:50:42 22 -25,529 Unknown* 21.5 22.5 -5,616
22-Feb-21 12:54:16 22 2,613 Unknown* 21.5 22.5 574.86
22-Feb-21 12:53:49 22 750 Unknown* 21.5 22.5 165
22-Feb-21 12:51:41 22 2,906 Unknown* 21.5 22.5 639.32
22-Feb-21 12:50:42 22 25,529 Unknown* 21.5 22.5 5,616
22-Feb-21 12:48:45 22 1,763 Unknown* 21.5 22.5 387.86
22-Feb-21 12:48:03 22 22,700 Unknown* 21.5 22.5 4,994
22-Feb-21 12:47:44 22 1,082 Unknown* 21.5 22.5 238.04
22-Feb-21 12:46:59 22 10,413 Unknown* 21.5 22.5 2,291
22-Feb-21 12:46:57 22 5,613 Unknown* 21.5 22.5 1,235
22-Feb-21 12:46:17 22 2,232 Unknown* 21.5 22.5 491.04
22-Feb-21 12:46:15 22 4,510 Unknown* 21.5 22.5 992.2
22-Feb-21 12:45:48 22 13 Unknown* 21.5 22.5 2.86
22-Feb-21 12:41:16 22 2,500 Unknown* 21.5 22.5 550
22-Feb-21 12:40:46 22 113 Unknown* 21.5 22.5 24.86
22-Feb-21 12:40:27 22 1,363 Unknown* 21.5 22.5 299.86
22-Feb-21 11:32:38 22.25 -90,000 Unknown* 21.5 23 -20.03k
22-Feb-21 11:32:38 22.25 90,000 Unknown* 21.5 23 20.03k
22-Feb-21 11:32:14 22.25 500 Unknown* 21.5 23 111.25
22-Feb-21 11:29:52 22.25 3,094 Unknown* 21.5 23 688.42
22-Feb-21 11:29:46 22.25 2,433 Unknown* 21.5 23 541.34
22-Feb-21 11:28:53 22.25 2,220 Unknown* 21.5 23 493.95
22-Feb-21 11:28:27 22.25 2,656 Unknown* 21.5 23 590.96
22-Feb-21 11:25:53 22.25 2,247 Unknown* 21.5 23 499.96
22-Feb-21 11:25:27 22.25 8,935 Unknown* 21.5 23 1,988
22-Feb-21 11:14:12 22.5 2,360 Unknown* 22 23 531
22-Feb-21 11:11:49 22.5 444 Unknown* 22 23 99.9
22-Feb-21 11:08:48 22.5 15 Unknown* 22 23 3.38
22-Feb-21 11:03:44 22.5 8 Unknown* 22 23 1.8
22-Feb-21 10:58:38 22.5 889 Unknown* 22 23 200.03
22-Feb-21 10:56:43 22.5 1,073 Unknown* 22 23 241.43
22-Feb-21 10:56:39 22.5 164 Unknown* 22 23 36.9
22-Feb-21 10:56:17 22.5 1,111 Unknown* 22 23 249.98
22-Feb-21 10:41:53 22.5 122 Unknown* 22 23 27.45
22-Feb-21 10:31:06 22.5 22 Unknown* 22 23 4.95
22-Feb-21 10:27:29 22.5 189 Unknown* 22 23 42.53
22-Feb-21 10:22:11 22.5 11 Unknown* 22 23 2.48
22-Feb-21 10:20:41 22.5 97 Unknown* 22 23 21.83
22-Feb-21 10:19:04 22.5 22 Unknown* 22 23 4.95
22-Feb-21 10:18:12 22.5 27 Unknown* 22 23 6.08
22-Feb-21 10:18:10 22.5 96 Unknown* 22 23 21.6
22-Feb-21 10:17:15 22.5 111 Unknown* 22 23 24.98
22-Feb-21 10:16:12 22.5 133 Unknown* 22 23 29.93
22-Feb-21 10:14:13 22.5 22 Unknown* 22 23 4.95
22-Feb-21 09:00:16 21.5 15,542 Unknown* 21 22 3,342
22-Feb-21 08:41:10 21.5 18,627 Unknown* 21 2

LSE
Vol. Sold 10,330,194
Vol. Bought 9,867,533

Correct figures

Buys - 11,041,153
Sells - 10, 949, 90 -------- a lot of buys were printed as sells.
Printed as unknown - 494,322 ------- the unknowns are buys. traded at mid point

When you look at the LSE summary, you think there's been more sells than buys but that's incorrect. There's a lot more buys than sells. Unfortunately, the MMs have been in control once again. We'll go up when they decide to take let it go. Hopefully, news will land and we won't have to worry about SP volatility.

Large buys today

22-Feb-21 08:04:02 22.005 535,000 Buy* 21 22 117.73k
22-Feb-21 08:03:48 22 535,000 Buy* 21 22 117.70k
22-Feb-21 09:59:33 22 250,000 Buy* 21 22 55.00k
22-Feb-21 08:43:50 21.82 192,456 Buy* 21 22 41.99k
22-Feb-21 16:38:00 22.5 185,959 Buy* 22 22.5 41.84k
22-Feb-21 15:04:04 21.98 181,960 Buy* 21 22 39.99k
22-Feb-21 10:10:43 22.6 150,000 Buy* 22 23 33.90k
22-Feb-21 08:48:08 21.8 140,078 Buy* 21 22 30.54k
22-Feb-21 08:46:02 21.55 129,281 Buy* 21 22 27.86k
22-Feb-21 10:05:01 22.3 123,260 Buy* 21 22.5 27.49k
22-Feb-21 16:29:09 22.5 100,000 Buy* 22 22.5 22.50k
22-Feb-21 16:25:05 22.44 100,000 Buy* 21 22.5 22.44k
22-Feb-21 16:23:19 22.05 100,000 Buy* 21 22.5 22.05k
22-Feb-21 16:22:16 22.05 100,000 Buy* 21 22.5 22.05k
22-Feb-21 16:14:52 22.3 100,000 Buy* 21 22.5 22.30k
22-Feb-21 16:05:24 21.66 100,000 Buy* 21 22 21.66k
22-Feb-21 16:03:49 21.66 100,000 Buy* 21 22 21.66k
22-Feb-21 15:58:47 21.95 100,000 Buy* 21 22 21.95k
22-Feb-21 14:12:25 21.81 100,000 Buy* 21.5 22 21.81k
22-Feb-21 13:41:22 21.8 100,000 Buy* 21.5 22 21.80k
22-Feb-21 12:58:48 22.148 100,000 Buy* 21.5 22.5 22.15k
22-Feb-21 10:01:39 21.77 100,000 Buy* 21 22 21.77k
22-Feb-21 09:14:29 21.84 100,000 Buy* 21 22 21.84k
22-Feb-21 08:45:38 21.655 100,000 Buy* 21 22 21.66k
22-Feb-21 08:45:20 21.62 100,000 Buy* 21 22 21.62k
22-Feb-21 08:29:15 22 100,000 Buy* 21 22.5 22.00k
22-Feb-21 08:24:09 22 100,000 Buy* 21.5 22 22.00k
22-Feb-21 08:18:17 22 100,000 Buy* 21.5 22 22.00k
22-Feb-21 08:17:54 21.877 100,000 Buy* 21.5 22 21.88k
22-Feb-21 08:15:22 21.75 100,000 Buy* 21 22 21.75k
22-Feb-21 08:13:57 21.6 100,000 Buy* 21 22 21.60k

"UBS has chosen its clients wisely "

EUA is one they choice wisely....... they must be extremely confident to work on no deal no fee basis for EUA.

As for MMs, its funny watching the manipulation on L2....
When the buying pressure increase, MMs raise the spread and start printing buys as sells. There's no point doing the buys v sells today as many buys are going through as sells. Spread is as big as 6.98% :)

Mac
I completely agree. EUA is very cheap at present.

250k
100k

below are all buys, with 1 small sell

10:02:20 21.975 455 99.99 O
10:02:06 21.875 11 2.41 O
10:02:04 21.77 1,152 250.79 O
10:02:05 21.875 20 4.38 O
10:01:41 21.025 1,793 376.98 O
10:01:39 21.77 100,000 21.77k O
10:01:16 21.975 104 22.85 O
10:01:03 21.98 5,633 1,238 O
10:00:54 21.66 792 171.55 O
10:00:45 21.98 1,123 246.84 O
10:00:11 21.606 20,000 4,321 O
09:59:58 21.8999 11,998 2,628 O
09:59:33 22.00 250,000 55.00k O
09:58:07 21.8475 6,884 1,504 O
09:57:47 21.84 58,000 12.67k O
09:57:31 21.84 4,670 1,020 O
09:56:04 21.73 71,881 15.62k O
09:55:56 21.875 13 2.84 O
09:55:00 21.73 3,429 745.12 O
09:54:15 21.73 9,148 1,988

CAW1
You may well be correct.
MMs seem to have an agenda. If the mega RNS lands from a low SP, they stand to gain lots.

We have more buys than sells today but we appear to have 100k seller. Last count 100k x14. PIs and IIs are buying these shares no problem.... Over 1m in buys than sells so far... here is a list of big buys inc 2x 535k

22-Feb-21 08:04:02 22.005 535,000 Buy* 21 22 117.73k
22-Feb-21 08:03:48 22 535,000 Buy* 21 22 117.70k
22-Feb-21 08:43:50 21.82 192,456 Buy* 21 22 41.99k
22-Feb-21 08:48:08 21.8 140,078 Buy* 21 22 30.54k
22-Feb-21 08:46:02 21.55 129,281 Buy* 21 22 27.86k
22-Feb-21 09:14:29 21.84 100,000 Buy* 21 22 21.84k
22-Feb-21 08:45:38 21.655 100,000 Buy* 21 22 21.66k
22-Feb-21 08:45:20 21.62 100,000 Buy* 21 22 21.62k
22-Feb-21 08:29:15 22 100,000 Buy* 21 22.5 22.00k
22-Feb-21 08:24:09 22 100,000 Buy* 21.5 22 22.00k
22-Feb-21 08:18:17 22 100,000 Buy* 21.5 22 22.00k
22-Feb-21 08:17:54 21.877 100,000 Buy* 21.5 22 21.88k
22-Feb-21 08:15:22 21.75 100,000 Buy* 21 22 21.75k
22-Feb-21 08:13:57 21.6 100,000 Buy* 21 22 21.60k
22-Feb-21 08:19:03 22.374 96,301 Buy* 21.5 22.5 21.55k
22-Feb-21 08:10:50 21.69 54,753 Buy* 21 22 11.88k
22-Feb-21 08:57:06 21.49 50,135 Buy* 21 21.5 10.77k
22-Feb-21 08:28:18 21.77 50,000 Buy* 21 22 10.89k
22-Feb-21 08:28:10 22 50,000 Buy* 21 22 11.00k
22-Feb-21 08:16:21 22 50,000 Buy* 21.5 22 11.00k
22-Feb-21 08:12:26 21.89 50,000 Buy* 21 22 10.95k

EVs are still long way away. To have the infrastructure in place will cost a lot of money and you also have to consider how many companies and businesses will cease to exist when every car made is electric. Huge chain effect. At present, the battery life does not last long enough and you have to charge all night etc. By 2030? i can't see that happening.

Hope the big rns lands this week. As for the SP without news, very hard to say. Volume has picked up and a lot of buys will keep coming. A 20+% raise when we least expect could happen. GLA

Ndn71 - is Ndn71 Montyboz????????????????????
Ramp, i think you may be correct. Ndn71 may well be Montyboz. As someone suggested, best to ignore the dude.

When you look at our current market cap, you have to conclude EUA is very cheap at present. Others who are miles behind us, with less minerals/value have bigger MC. MMs are controlling our SP and its hard to predict when we'll start to move north. They're clearly intent on frustrating and creating fear factor, aimed at getting your shares, cheap.

WK is going smooth. EUA can bring MT into production in no time. We're not distressed seller. Buyers are desperate to take our assets, they have been long before the FSP. It has to be very close now. Hope we get the big news this week. GLA

Evening CAW1
Thank you for that. great stuff

EUA site

19/02/2021 17:24 330,000 22.95 0 0 £75,735.00 Buy
19/02/2021 17:17 295,700 22.62 0 0 £66,886.45 Buy
19/02/2021 17:08 400,000 22.51 0 0 £90,044.40 Buy

LSE

16:24:53 22.95 330,000 75.74k Buy
16:17:18 22.6197 295,700 66.89k Sell
16:08:37 22.5111 400,000 90.04k Sell

Look at the last 3 trades. Which do you go with? :) Where is the EUA feed coming from? Not LSE.

CTC1988 - researchandhold
LSE has printed my own buys as sells in the past but EUA site reported them correctly. I also do dummy buys and sells often and can see buys being printed as sells. The EUA site does pick those up but as you point out, its not 100% esp when MMs mess about with the spread. That's why i recommend the eua site.

I tried to work out the MIA theory, here is what i found...

LSE L2 - Cum Vol --- 18,106,374
London Stock Exchange Volume today --- 19,132,074
There's a discrepancy but the London Stock Exchange is correct. To prove it, I moved all the trades from today into Excel and added them and it comes to : 19,132, 074 - same as London stock Exchange
The LSE report is inaccurate. To get correct figures you need to move data to Excel and sort by sells, buys and unknown

Total number of sells today = 8,999,401
Total number of buys = 9,604,744
Total number of Unknown = 527,929
add them and you get = 19,132, 074

There are no missing trades. It's just LSE report is cr@p.
According to LSE
total sold today = 7,396,983 - wrong
Total bought today = 9,173,358 - wrong
Does not factor trades printed as 'unknown'

Therefore, no such thing as missing trades it seems. Doing the calcs and getting lots missing all week had me worried but no more.

When you look at the sells data, it does not indicate there's a consistent seller. Its all PIs.

Note: Those printed as sells are not always sells. They're buys printed as sells by MMs to mislead. If you want to know if a trade is a buy or sell, you need to check the Eurasia website.

For me, MMs will aim to get cheap shares knowing an offer can land any minute. They stand to make huge profits from those cheap shares. You're giving them shares at 23p, as son as the offer RNS land, they will sell those shares for £1+.

GLA

JayMan
Who's on the BOD at BRH? Yes, its the same guys that pumped and dummped RMS. Trevor Brown and his mate. They know how to do this. I would be careful. Share Prophets are also pumping it. 170% up in 5 days on no news.

24 50,000 PEEL 13:54
25 50,000 MREX 12:55
25 50,000 SING 12:52
25 50,000 JBER 14:18
25.5 100,000 WINS 13:18
26 50,000 CFEP 11:43
27.5 50,000 SCAP 11:27

Blue finish on the cards

VWAP 23.27862

Buys are going near top ask 24.

Sells at 23.67. Headed north

Mac, the dips are a gift. had a small top up and would love to see a blue finish today. It could happen

This is my last message about Monty. Has NO substance. He's master of CTrl + C , Ctrl + V . Even when head ramper, he could not elaborate on his findings.

I think I've done enough to expose the bitter man.

montyboz
"Would work at WK being ongoing if a sale was imminent?"

This guy is getting desperate. Why did they place and raise funds while in FSP? Its called keeping your options open you tool.

As for the disclaimer, go to GGP , XTR etc...you'll find same disclaimer info. #nasty

Monty is a guy invested in RMS ....is he worth listening to?
Monty is a guy invested in GDR....a joke of a company if ever i've seen one.