Member Info for halfpenny

Volume wise indicating near parity for sells and buys so far today, indicating that this may be one of the last buying opportunities at these prices.

Tried to buy this afternoon with IG, quote of 157p but can't?

Numis 04/06/19 buy target 380p :)

Pleased it hadn't dropped more this afternoon it could have found support level here? Bought a few more anyway.

Guess so. Maybe I'll try to get out more. Didn't mean to annoy anyone..

Why can't it keep it's head above the 100p level?

Markets hate uncertainty, into the red now :(

Heading back down :(

A director buy would show confidence in the company just now.

It appears to have ran out of puff. Company needs to make an announcement quickly before it all goes txts up :(

Company very quiet on all this, good or not good?

Yes, it's because investors keep selling instead of buying. Apparently a fund has offloaded or is offloading their holding, several million shares. This has spooked private Investors to sell their shares. Plus with the incumbent CEO stepping down after a ten year tenure and selling his holdings, only natural, and now this contract worth 30mil up in the air, not to mention a drop in the revenue of the industrial arm of the business. Well it's a perfect sh.. storm, unless you look upon this as the perfect buying opportunity :)

Final shake out for today :)

I was only having my fun. But hand on heart, I am a long term scapa holder with a 200p average. I do agree that it's been oversold, well hopefully so. Going to fish for trout in the puddle at the front door for a while, I'll check in later ;)

Yes long in the tooth investor me. Maybe those are in fact buys from earlier in the morning and sneaky MM's making them look like sells. It wouldn't be the first time and it's a good way to flush out day traders. Not that I'm against day traders :)

Do far a ratio of 1:10 thats one share buy and ten sold :(

Well some don't agree, big sells going through at 12:30ish one of which was 1mil :(

The broker ratings were made before this shambles however. This may tick higher or lower but it won't jump north unless a fruitful announcement is made by the company, it could however easily tank again without that rns. Just being realistic here. My average is now 200p so I'm licking my wounds :(

Surprised this has held up as I think there will be another shake out today at some point, hard hats for later I think.

But as I said yesterday, I can see why the contract has been cancelled if scapa bought a direct rival of convatec late last year, namely systagenix. There's a conflict of interest there. The board would have known that, and the CEO commenced selling shares just before the news was released on Monday. Questions need to get answers on this.