Member Info for Gudge

I don’t want to sound dull here, but if we potentially think the subscription shares are all done what other potential places are the shares coming form to be able to flood into the market when needed?

Whom ever is feeding them in obviously has a lot, many millions so it does limit down the potential options. You would also think that they wouldn’t be selling them off at a loss so must of had them pre subscription?

Or am I missing something/ not understanding how they are able to do it.

GLA

Nice find searcher

This is the most positive article yet!!!

👍👍

****stan are basically doing exactly what we want bangla to do.

https://www.dailyparliamenttimes.com/2024/06/07/****stans-black-gold-thar-coal-reserves/?amp=1

Jesus,

I see the green boxes are out in force tonight!

🤡🤡🤡🤡🤡🤡

Also to add to new investors here.

Don’t be fooled by the Games being played by the mms here currently it has and is being hugely manipulated, for weeks now there’s been huge volumes traded a lot of days like yesterday were nearly all buys with not much SP movement. There’s still a small overhang to clear of subscription shares still to be bought up, these In the opinion of many here is that they are being fed into the market to hold the price in this range. For why currently we don’t know but will probably soon be revealed. Once these are gone there won’t be anything to hold this back from the journey north.

Basically what I’m saying is don’t let them scare you into selling because the SP is down they just want your shares to sell higher to the next person.

We’ve been red everyday for weeks yet we are still the same SP as 3 weeks ago.

IMHO the Green Light is coming very soon!

GLA

Despite a partial recovery in gas-fired electricity generation following the incident, power output remains below pre-outage levels, local sources report. To mitigate the impact, Bangladesh is expected to rely on coal and oil-fired power generation

https://safety4sea.com/fsru-heads-for-repairs-after-cyclone-in-bangladesh/

I think the disappointment in budget money being allocated to the power sector is a good thing for us.

PC will fund the project on the GL to start with so as stated no government money will be needed. The people of bangla currently disheartened by the lack of support should then feel positively towards the news imo

Hasina knows the moneys there ready and waiting so no need to add any additional funding.

Power is a priority but not much funding being allocated??? I wonder why

They know what’s coming!!!

GLA

Good day today another few million of the overhang hoovered up 😊

Last week it was held at 5.75 this week 6.25.

Relentless buying !!

what ever the overhang is it’s getting less and fast.

As I’ve mentioned before I believe the contents of the budget will be the key to what happens moving forward. It may not be the full GL but it will give us a good idea imho

GLA

It’s starting to get exciting now 😜

Development of the Coal sector: The existing national gas reserve is depleting gradually. The coal sector has therefore been given the second highest priority as the development of the coal sector help to ensure energy security.

https://mof.portal.gov.bd/sites/default/files/files/mof.portal.gov.bd/page/77cff797_364a_448b_9e60_e12984ac2f9c/142_2024-Energy_English.docx

Well after the relentless buying last week I didn’t think the SP would be back here again.

Traders dream at the minute here.

Maybe they want local Coal?

https://www.daily-sun.com/post/751571

Https://www.tbsnews.net/supplement/least-tk10000-crore-should-be-allocated-energy-alone-868136?amp

WTF????

Again so confused!

Still 300k is still good.

Will be interesting to see what happens tomorrow the day before the budget.

Hopefully another big buy inbound 🤞🏽

Funny how they raise the SP at the end of the day so so that the following day it always shows red. Oh the games!

Regardless the size of these trades have increased a lot recently and seem more frequent.

This is all surely very positive.

Definitely being held in this range for the big buyers to load up!

R88,

I think it will be interesting to see what happens tomorrow that will set the scene for the week I think if the buying continues we are on to something in a much shorter time frame imho

Only 4 days to go until Bangladesh’s Budget.

Big decisions are going to have to be made regarding the state of the country and how it plans to fix them. I should give us a good indication about their energy crisis solutions imo

Hopefully coal is mentioned 🤞🏽

Or even better Phulbari 🙏