The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Two horse race to the post between a heavily discounted raise and JV approval confirmation. Pretty underwhelming RNS. One would hope JV approval is imminent but is anything that cut and dried with Mosman? Buying pressure has dropped and its heading into bear country.
MMs short of shares and initiated a stock grab. More bought than sold today. The market is anticipating increasing demand and positioning itself to capitalise. Very bullish
MMs running out of shares
Recovery phase 2 over and now its a race between placing and news of JV approval. If the placing comes first this will revisit the lows. If news comes first then 0.03 onwards is possible.
Spreadex out RNS
NT approval RNS
Volume high, chart bullish, buy signals across the board clear run to 0.25.
HE1 profits coming into MSMN for a similar or greater SP trajectory.
Spreadex almost out RNS to drop anytime confirming that. MMs will not hold this back on news they want maximum gain for the shares they are holding and its a lot
Spreadex shares going off book to eager buyer or buyers. Would explain why the SP is holding up better than after previous pumps
Spreadex look to be accelerating their sell off which is a strong positive.
As i said first phase recovery over and a bit of a bullet in the foot with the extension which advertises potential delays. Greenvale say imminent so why the two month get out extension. The carrot of the short term catalyst has gone now for the causal trader and those familiar with MSMN will be getting the hint of rat odour. The spectre of more confetti shares could be a problem heading into February too.
Loss of momentum for now looks like an end to the first phase of recovery. Greenvale RNS certainly more positive than Mosman who really do have a mountain to climb on the good PR side of the business
Spreadex the only sellers of note fast turnover for the percentage possibly another RNS for them late next week
And there was the gap up as per 500 signal
Action happening in the background gap stock signal dropped
Spreadex TR1 can’t could drop soon
Background sellers or large buy orders being filled. I’m showing a bit of thigh for some information but getting nowhere atm
Most of yesterdays red trades were buys. This mornings SP correction shows that
Large buy orders being filled expecting some big numbers on the trade sheet later
£5m market cap is closer to where there this should be atm going to be a very big squeeze here in the very near term
Spreadex dumping taking the percentage they also take the weak with them
Yes here come the PM buys, international buyer out there who believes they know something