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Putmeonlist - Whats your theory on how the shorters are going to acquire 9% plus of the company to exit their position?
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Was your trade 4.8k less costs?
Does anyone think the decline in share price is due to the seller, selling their remaining 3% - 30 to 40 million shares?
Jun 19 2020, 12:52 78.30 10,349,380 79.10 79.28 Sell £8,103,564.54 O
Hopefully gap filled from 82 down to 79 - see what happens next
still selling? Lees than 3% now as per RNS. Something seems to be holding it back
Its been 1.64 all morning when i check the buy price! Are you able to by at 1.50?
6.93 for a 100k at the moment
Thanks for the heads up Elland, but im not sure thats how you spell "Friday"
Hi Eland. I can see a possible holdings RNS sometime soon regarding the large buys if thats what your thinking
Is that a nod and a wink or a complete stab in the dark?
Evening Woodie. Another side ways day so all good. Nice buy and the end of play soaking up the sells. Will be interesting to see if this is going to trade up the T line. If so, maybe a few more side ways days and then off we go to 6.5 - 7p.
Very nice! Might explain the price extensions and why the price held up well today IMHO
Evening all. Anyone think the large trades are shorts closing. Might explain the price action, I'm not aware of any short positions being declared, but it might have been a smart play keeping it below 0.5% with the price drop from 10p to 4p. Just a though, might be talking rubbish!
Hi Woodie, you should be thanking your lucky stars that this has been hammered down, and you have been given the opportunity to buy this at 4p or less. If this goes to plan you should get your 25p plus some i would like to think. I've managed to get my hands on 900k shares @ 4p so far and will buy more as funds allow. I can't see much down side at this level IMO, just need the oil price to creep up a little and its all good!