Member Info for ICB888

I think it’s about to get interesting. The last 2 trades were at the highest price paid so far today 6.675 and are marked as buys. However I was offered that price for a sell at the same time.

Activity picking up now with GCM Up 6% as the offer moves to 7p. Sp now 6.625 on volume of 291000.

The decent thing for Tang to do would be to reverse Polo into GCM which Polo is already the largest shareholder in. Polo shares would be converted into GCM shares making them trade able again and GCM would be much stronger financially with Polo’s substantial assets behind it.

A brief consolidation at the higher level and the shake out of some sells to fuel the next rise is very healthy. Todays fall is not as much as it appears because the sp was marked up sharply at the close on the UT. So it corrected on opening to 1.3 from 1.35. On the volumes shown buys are exceeding sells 7 million to 4 million so the situation at the close could see the fall reversed.

Late reporting from 8.30am of 141000 at 31.74. Bodes well for a further uptick as the day progresses.

SEED now Up 12% on volume of 2.2 million.

A very small rise today from 12 trades al buys for a volume of 45000 which is 3000 below yesterday’s 48000. There are no sellers it would appear and that is preventing a larger rise. Someone today paid over 35p for some condor shares. Is that perhaps where the sp should be if we are going to get some sellers?
This afternoon I offered to sell what was then the total daily volume of 45000 and Barclays were happy to take them all at 29.375. I can now see why because a late buy of 137800 at 30p has appeared after the close. Holding it down to fill an order.
Let’s see what tomorrow brings.

Up 6.5% to 1.225 on volume of just 3.5 million. Yesterday we had volume of 11.6 million so interesting to see where we go if we get similar volume to yesterday.

The 2.2% tick up to 1.175 equals the 52 week intra day high on 24th August and would be a new closing high . We are entering blue sky territory.

Now Up 17.4% on volume of 477000 at 6.75p, exceeding yesterday’s rise within the first 30 minutes of trading.

Here we go again Up 10.4% at 6.35 on volume of 245000

Promising start 3 buys for a volume of 1.3 million in the first minute of trading at 1.17p

Clearly it would be better for the sp to be higher before a bid although I don’t think you can rule out a decent bid at this time based on the value of the asset not the sp. But on the sp point just look back to the graph for 2020 when the sp essentially went vertical from 25p to over 60p in a very short space of time. We are clearly in a much better position now with so many boxes ticked on the road to production. If the market starts to buy into the story CNR could repeat 2020 and be back at 60p in a matter of days.

I think Duncan is presenting tomorrow although I am sure the Chariot team have been networking and having discussions all week. Let’s see if it produces further interest in CHAR that gets reflected in the share price. Very low volume today at 465000 having had 10 million last Wednesday and over 2 million per day for the last 4 days. I wonder if the presentation will be made available on the website.

Closed Up 15% and Number 9 on the Leaderboard on volume of just 544000. Let’s see if a few more people are interested tomorrow and the rise continues.

Now Up 8% on volume of 524000. We saw volumes upto 2.5 million in the last run to7.3p last month.

1.899 just paid which is the highest of the day. Will we see 1.2 before the close.

Very good balanced postredeyemines.
Up 5% so far and looking primed to be ready for take off. Last trade at full offer 5.5p. If the volume kicks in this will move quickly as demonstrated by the recent rise above 7p. But as you so rightly point out on the right news this will fly and I believe it would be over £1 before you would have a chance to get on board..

1.18 paid

I can’t buy on Barclays but they would take more than todays current low volume from me at 27.75p