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He was reducing by 0.69% which amounts to about 2 million. Volume moving is so slow that even if he was able to sell 200k a day he would still be selling today.
I'm no mathematician or expert by any means and would love any other input or opinion.
In your opinion do you think this will only move on news? It has been 9 trading days since Lombard started selling. When these are soaked up surely there will be little else holding it back at least to the next resistance level? Just looking for opinions and general consensus.
Has anyone recieved theirs on trading 212?
Every buy is coming through as Automatic. Would appear someone is loading up.....or pure chance?
Just got another response from trading 212 that "hopefully" shares will be in my account by Friday? I plan on LTH but will be furious if other platforms are allocated their shares first. Just because I plan on LTH does not mean I may not want to top slice
trading 212 has had the same issue with receiving their shares
The price finished higher then it's been for the last 5 trading days. How can that be backwards and I know lamprell have not released anything on it as that would be irresponsible before anything is officially signed. But Upstream news is considered a credible news outlet in oil and gas industry. I'm sure their reporters have done their due diligence and if lamprells name was not in the race why would they mention it.
Not looking to start a fight, this share has just tested my patience and the first sign of movement for a week is not something I'll let go off.
Do we think it's the Aramco article that's generating the surge in volume?
A real credit to whoever got it taken down so quick. No such thing as bad press though. Hopefully drew the attention of a few more eyes. It's not like Lamprell need fake news to generate excitement. Contract confirmed is plenty enough for me. Even if that does mean holding out for another 6 to 7 weeks (based on number of shares Lombard is selling against the tiny amount of volume moving each week) could be longer if more investors lose patience
Ut trade of 165 and price jumps to 20.80 bodes well for Monday IMO but knowing the past weeks trend who bloody knows
nice to see the day finish on a positive but at a glance sells outweigh the buys and volume is still no where near high enough to make meaningful impact. Any body out there with their 2cents on the matter? Patience is severely worn thin.
any idea how much the wonderful lombard still has to get rid of. i get the feeling MM's really dont like this stock
looks more likely to test next support level of 18.71p before making its way back up. Full confidence that we will bounce off it though and once we break the 23p resistance i cant see us seeing sub 25p for hopefully a loooong time. That said though with how friday shaped i was certain we were going to be on that road now.
Spread currently showing me 1.3p. low volume or are we Expecting news
Very boring day. Even found myself doing house work thinking ill look again and it would gain movement. Did manage to catch the bottom today for a nice top up. Tomorrow is another day
That is me stuffed with that dip
This desperately wants to get over the 23p mark . Call me suspicious but something seems to be keeping it back. Very good place to challenge 30p mark next week.
the steadier we rise to 30 with good support the better. Last thing you want is another AML. The quicker things climb the sooner they run out of steam.
P.S Still a holder of AML as i believe in the new management and research gone in to investment. Same with Lamprell DYOR and stick to the strategy that serves you best.