Member Info for greengrass7

Greengrass7: Sorry - but you seem to be confusing me with somebody who gives a damn?

But enough of a damn to reply.

Some of your posts are actually reasonable but you let your self down with your childish and obnoxious comments.

Shame really as i would like to think there's a decent person behind the prat facade.

Notrex, might be an idea to adhere to Abraham Lincoln's wise words.

“Better to remain silent and be thought a fool than to speak out and remove all doubt.”

Both trades were right on the mid so could have been buys for all we know, no point speculating that they were one way or the other.

Not correct unfortunately, 17.5 mill @.042 the bid, 25 mil @.041 below the bid as per trade info re ADVFN

Two large sells 25 mil and 17 mil,this has the smell of some one with inside information unloading, what price Spread Ex?

We've been shafted twice already this year by our brokers with shockingly priced placings, remember Spread Ex selling before the last one? I hope i'm wrong but due to our brokers been the bucket shop boys at Novum and SP Angel i'm not ruling anything out.

I wonder if Paloma's ownership was the reason Emirates were suspended which would explain why they have sold there holding in Rock, thus potentially removing the reason for any blocking of Emirates relisting.

The Subscription, which generated material interest from a number of prospective investors, has been agreed with high net worth individuals and institutional investors and has been carried out directly by the Company, without payment of commissions.

Raised much needed funds by passing the usual parasites and leaches of the broking world.

Time to stop the childish name calling and move forward.

What price an imminent holdings RNS from Paloma?

Not sure what the F is going on, someone is unloading big time below the placing price, seems barmy.

We will see with there next holding RNS, i hope you're correct

I don't think there will be much movement until SpreadEx are out, they are a millstone around the company's neck. The selling will only accelerate on good news. Shame but that's the way the AIM sewer works.

I wouldn't be looking at the company directly, but certainly someone who was offered the placing via the brokers.

There's a shock, Spreadex sell millions of shares in the couple of weeks leading up to a heavily discounted placing and lo and behold it seems they have participated in said placing and significantly increased there holding. They have probably acted on behalf of a client and are just covering the position, but whats the chances of the client not having knowledge of the placing, my guess is nil. I believe its called insider trading and is illegal.

Hooray, the bad news troll is back.

The Churn/ forward selling of the placing shares is well underway. Why couldn't the placing have been set at .07 say, the market would have dropped the price to there and those wishing to churn could have done so and still made there short term profit. Less shares would have needed to be issued for the 500k, thus less dilution and a smaller paper hit for the LTH.

The only people who can gain at the placing price are those who were invited to participate and who hold for the medium/long term. As i've stated before the company getting a few quid good, terms and execution of the placing appalling.

GTMO, as long as it gets to production i'm not going to worry about a little delay.

It sounds as if having been lucky with your call of a placing you are now thinking your a bit of an expert.

MR10, i am in a very similar position, i was hoping to start selling in June next year at around .30 pence. I now suspect i will struggle to do so. While i have no major issues with the company raising some cash i am shocked at the price it was done at. As i said yesterday the brokers are culpable, unfortunately when you deal with SP Angel and Noveum you are scrapping the bottom of the barrel.

Gmo, you were correct re the placing, you made a lucky guess, pretty much any small cap can raise at anytime. I wouldn't keep rubbing it in as you'll look like a prat.

Wow, i have no problem with the company raising cash but at this price its an absolute disgrace, If that is the best the cowboys at SP Angel can come up with then we need a new broker. It would also raise questions about how much SpreadEx knew re their recent selling.

The whole thing stinks.

GWMO placed on the 17th Jan, Spread Ex declared an interest of 280 million shares oh the 25 Th Jan so it seems reasonable to assume they took part in said placing.

To the best of my knowledge Spread Ex don't randomly hold a companys shares, its only when they need to cover a position. It's highly unlikely that any party would take a short position post placing once the price had dropped, so it seems feasible anyone taking a 280 million shares short position would have done so pre placing. That's a hell of a position to take on a hunch. So has someone with knowledge of the placing , ie insider information, taken the position? By the same reasoning its a massive risk for Spread Ex to take such a large short.

To me this smells and maybe the company need to be asking some questions.

Of course this might just be the ramblings of an old man,either way i'd like to know.

There has been steady selling over the last week or so which is baffling considering the encouraging news flow.

Why would you sell at these prices? I can think of three possible reasons-

1. Your skint and desperate.

2. Your barmy.

3. You either suspect or have knowledge of a potential fund raise.

Of course, if its 3 then that implies insider trading which as we all know doesn't happen on AIM.