Member Info for EthioEthio

Flanks was never priced in.

The fact we got placed at 22.50 BEFORE flanks news held the SP back imho.

FLANKS still not priced in. Which is why its cheap at this levels.

I expected a hard bounce but i will be happy with a slow tick up back up to 28 - 32. 26s coming right away.

Gloria
They may end up selling more than the rest with Beckman. Approvals have held us back.

PLface, thank you for that. Keep it coming pls. PEEL are holding back a lot of other stocks too not just EUA. When you see them switch, you can expect a tick up.

ferg.gg

I can't check right now which is why i asked if anyone with L2 can tell us.

If a MM that's been on the offer for ages switched to bid, it would point we are clear to move up.

34mil shares was not going to take much to clear. #parabolic :)

nice to see us tick up. hoping to see us back in 26s soon an on to 28s.

L2 : Can anyone confirm if a a MMs has switched from offer to bid ???????????????????????/

Why is VAL ramp on other BB?

If it goes up on no news, you will get a speeding ticket or it will drop as quick as it goes up when the herd run out.

Be careful

JTMacs,
let us know when PEEL are off the ask :)

kopfkissen

"Ethio - between 09:30 and 09:45 there were 8 sells and 8 buys. So you can't really say 'we are seeing very few sells'. "

see below from Jtmacs - L2 report - see the difference between buys and sells so far
# of Trades 92
Vol Sold 310,187
Vol Bought 1,183,368 ---- Massive 3.8:1 - already noted Buys in force by other posters

Ragsrob
on point. iis always make guaranteed profit from placings.

kopfkissen

like i said, lths are adding not selling.
I don't believe a few profit takers or top slicing can depress the sp to current levels. Your theory also does not make sense as we are seeing very few sells. Selling is not what's keeping us down. Look at the numbers. Its the fact MMs have too much on their hands and need to balance before a tick back up to levels. You will soon see us shooting up.

HappyScot

To say the flanks was priced in before the RNS confirmed it is shameful.

HappyScot
My theory is what you are seeing being played out. I'm not going to spell it out to you. There is a reason we are this low. Look at JTMac's post and see the ratio.

NOTE: EUA shares are in sticky hands. They have been since we reopened at 12p. Long term holders are adding not selling.
Who do you think is selling??????????????? If you think we have a seller.

"ii who recently invested makes absolutely zero economic sense at all. "

Of course it won;t make sense for them to sell below entry but like i said before, they have forward sold.

You really don't know how this game is played. Keep a close eye on numbers and it may make more sense to you.

JTMacs
Thanks for that.
at this levels, we'll only see buys. that's why mms are at current levels.
1 big volume day would be great.

HappyScot

explain why we are below where we were BEFORE flanks news?

djm1
Why do you have market makers? they sell them to the market.
If you wanted to sell your shares, MMs don't have to wait for someone to bid for them. Like i said, their job is to provide liquidity.

djm1

imho, the placing shares would have been sold at 28.50 or around that. Look back to what exactly happened here.
A placing at 22.50 was announced. 0% discount. There were takers, IIs.
Then, we had the flanks news from EUA, we shot up to 28.50. Easy profit for the IIs as they would have forward sold at that point.
The fact we kept dropping in SP after flanks news may be another indicator because we were being sold.
When those placings shares hit the market 31st aug, 1st Sep, MMs need to sell them. How do they do that? Drop the SP back to 22.50 or just below. IIs would never sell below placing. But they also don't hold for bigger gains like PIs. They sell at the first sight of profit.

MB - I agree. We definitely have a seller.
Someone with L2 said over 1 mil shares unaccounted for yesterday.

I think IIs selling placings. Worth checking which MMs have been on the ask for a long time.

buy after buy
MMs churning them out. When they're done, this will bounce, HARD!
my theory has been correct so far, mms will keep sp low as they want buyers.

Which MM has been on the ask the longest? anyone with L2??????????

Sep 3 2020, 08:04 22.55 23,220 22.00 23.00 Buy £5,236.11 O
Sep 3 2020, 08:04 22.74 30,743 22.00 23.00 Buy £6,990.9582 O
Sep 3 2020, 08:04 22.74 747 22.00 23.00 Buy £169.8678 O
Sep 3 2020, 08:04 22.55 2,500 22.00 23.00 Buy £563.75 O
Sep 3 2020, 08:03 22.55 579 22.00 23.00 Buy £130.5645 O
Sep 3 2020, 08:03 22.74 607 22.00 23.00 Buy £138.0318 O
Sep 3 2020, 08:02 22.74 11,121 22.00 23.00 Buy £2,528.9154 O
Sep 3 2020, 08:02 22.74 2,487 22.00 23.00 Buy £565.5438 O
Sep 3 2020, 08:02 22.74 2,612 22.00 23.00 Buy £593.9688 O
Sep 3 2020, 08:01 22.66 4,000 22.00 23.00 Buy £906.4 O
Sep 3 2020, 08:01 22.774 8,781 22.00 23.00 Buy £1,999.78494 O
Sep 3 2020, 08:01 22.66 31,964 22.00 23.00 Buy £7,243.0424 O
Sep 3 2020, 08:01 22.774 1,264 22.00 23.00 Buy £287.86336 O
Sep 3 2020, 08:00 22.66 16,038 22.00 23.00 Buy £3,634.2108 O
Sep 3 2020, 08:00 22.66 44,157 22.00 23.00 Buy £10,005.9762 O

DubleD
You are a shorter and you will burn.
No on invested can be this negative about a stock they own.

Nasal swab followed by antibody test may catch incorrect Covid-19 diagnoses

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