500k buy after close market held it down all afternoon. Big move coming Monday.
Hopefully this is the company, the share price holding well, iv not heard anything regarding a fund raise to complete the acquisition if it is the above company 🤞 they can just do financing deal through paperwork and not have to come to market for funds.
No rush everyone has waited over 300 days when it drops we will all be celebrating. Let the day traders do their bit. There hasn’t been much selling volume over last two days so it still has plenty of legs to shoot up with very little stock floating about. If you’re happy with you holding sit back and let it run it’s course.
Very little stock available all been snapped up pre suspension and large amount taken yesterday. No reason we will not hit 0.2’s again. Big squeeze on here they need sellers and lot’s before the RTO news lands.
Having read evening post… Everyone needs to do their own research for the record,I have been in DKE well before they got suspended I hold a large amount of shares and added another 10mil today I believe in Peterhouse as I deal with them. I post mainly on twitter as over the years lse has been plagued with idiots. Anything I say is not investment advice just my own views through my research. I see there are still many low life’s still prowling lse this is the reason why I stopped posting.
Put your thinking caps on… the ruling is that it has to be a minimum of £30mil what if it’s a £100mil plus company then how many bags from this low market cap will it do. Not much risk at this level there are AIM shells priced higher than this.
All of the MM’s need stock they we’re struggling before it got suspended and nothing has changed only a small amount of selling today and the company is in a better position passing the new requirements need from the FCA to acquire the RTO. Doesn’t take a brain surgeon to work it out. Going for good old fish&chips for lunch. Hopefully blue when I return.
The FCA are very stringent regarding the new requirements needed to list on the main market, RTO’s are the easiest why for big companies to reverse into the main market. I would imagine Peterhouse have a few already in mind. Peterhouse would not have entertained DKE otherwise.
I can sell 10mil but can not buy 500k this will move up very quickly if they stop restricting the buy volume. Main market shell’s normally value around £2mil market cap. News of RTO candidate then hold on to your hats. Hopefully that news will Come swiftly not like they haven’t had time on their hands.
Printing buys as sells already, all investors seem to be holding onto their shares. If they qualified for the new ruling though the FCA regarding RTO for main market listing there had to be good reason to back it. Don’t think we will be waiting long for the next RNS.?