Member Info for greengrass7

A1m, i'm not sure what we can do. I have contacted the company twice, voicing my frustration and disappointment with the situation and have not received a reply on either occasion. Shareholder relations are not looking to be a concern.
The facts are we are going to need funds to continue in business. so either a deal or placing are imminent. If it's a placing why wait until the share price is decimated before going ahead, seems barmy. If the deal is close then excellent, but i have to say i'm not holding my breath on that one.
MM's love pushing prices down and the companys lack of action is a major factor in where we are now.

To prove my point, two 1 million share sales through in the first half hour. Anyone believe they are genuine holders selling for a significant loss ?. No me neither.
Anyone shorting would have had to have borrowed the stock to do so, only three holders have enough stock to facilitate these numbers. Mick, MTR and Paul Johnson. The plot thickens in what is looking more and more underhand.

Something in the share price movement here stinks. The price has been marched down remorslessly over the last 18 months. I check the trades daily and it seems that no matter how many shares are purchased the MM always find enough sales to cover this. The sales are regularly in the first or last half hour of trading,especially on the normal light volume days. This would suggest that the MM have a large sell order they are able to access at will. If this is the case why has there not been a TR1 as the number of shares this seller has unloaded is many millions. Something here is dodgy and we the PI are paying the price.

Reckon any placing will be through Noveum Securities, they seem to operate at the lower end of the market. Best guess .10
as i say just a guess.
Any negativity towards Andrew Webley is somewhat harsh as this bloke has put a lot of money where his mouth is and like us has been,on present evidence, royally sh***ed. If and when he sells is his perogative.

Top Twitter commentator Doc Holiday has bought in. Expect his fans to follow

Company Broker Novum securities. Contact Jon Belliss. Notorious. This isn't going to be pretty.

A Mr Jon Belliss has rocked up at Novum Securities since Beaufort Securities went insolvent earlier this month.

His track record has been a little rocky - Merchant Capital, Hume Financial and Wills & Co - are all places he has graced.

His last major bit of business while at Beaufort was supposed to be a proposed a £2 million placing of 160 million shares for Nu-Oil & Gas at the start of the March.

This never got off the ground as Beaufort filed for insolvency the day after.

Either that or a discounted placing imminent. Why else would they sell so many at a loss?

Thanks for the heads up joebop,i didn,t he was 'Timeless'.
Sadly i wouldn't be surprised if your assessment of him been the seller was correct.

I monitor THR regularly on a daily basis and these mid 100,000+ sales have been occuring on most days since January. With this not been an activley traded share (spread deters such) it seems unlikley the sales are all different people but strangley we have not had any notifications of any offloading from significant holders.
I note that a tweet from Andrew Neal suggests 'mr seller keeps selling' as he is buying.
I seem to remember Mick suggesting it may take until the end of February to get a deal, so up to now he's around seven months late. This will not help market sentiment. In all the whole thing is very, very frustrating.

The two 1.5 million trades look like rollover. The main difference today is that the persitent seller seems to be absent. Hopefully they are done and we can start to head towards a more realistic valuation.

We've had a seller for the last few months,all price rises have been sold into,indeed after every reasonable share purchase there has been a similar sell,mainly in the mid hundreds of thousands.
Maybe a significant holder selling down or a naked short ?

Good afternoon folks, i am new to this chat game although i have been investing in aim stocks for over twenty years with mixed success. I hold over 13 million shares in thor and am showing a significant paper loss. I think that there is a steady seller, indeed there seems to have been for the last 6 months. I am wondering could PJ have put in a large sell order that over the months is been dripfed on a daily basis. There have been no notifications as such but would he have declare before the entire position is cleared? He very rarely mentions Thor on his twitter accout whereas he was previously very vociferous. I think it is time that Mick gave some indication how the alleged talks are going because at the moment no news is certainly not good news. Best of luck to everybone Regards