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Dubjon, lots of stuff in your post many wouldn't know before, including me to some extent. The free float I suspected was the case due to the moves. I suppose with a limited free float, it is hard to make a stable base price?

Thank you Dubjon, I thought that might be the case, yes. Cheers!

Of the 44 Trades on my screen via this LSE site since 8am, it seems only one buy! A blue/buy entry - one for for 1,271 indicated currently as a buy.
The amount of reds/sells, if that is what they are, is not (so far) lowering the price much. Does this suggest a buyer in the background mopping up the sells, and the order will be published at some point when completed? Is it connected to the big trans I mentioned the other day? And why was the volume nearer 7 million (a lot more than 'usual' for OBC) when the price spiked in February and very high on a day or two in January too? I have more questions than answers. These are the questions I ask, just in case anyone can illuminate the path a bit. No advice intended, please DYOR 'cause I know nuffin'!

This Trades extract from yesterday is a transaction (seem to be buys, right?) marked as an 'ordinary delayed publication historical' in Trades here on LSE (this LSE site is so useful!) and it probably only showed today after close.
Btw, does this co have more than one market maker? I assume it has two.
When was the last time a Director bought? June 2019 as shown here on LSE?
Here is what seems to be a large buy and another smaller one, both delayed:
19-Apr-21 16:40:59 54.50 232,375 Buy* 47.00 49.00 126.64k O <<<<<<<<<<< This one.
19-Apr-21 15:58:22 51.78 75,407 Buy* 47.00 49.00 39.05k O <<<<<<<< And this one.
...

Thanks Echo (I won't comment on the Bunnymen)

Few or none of us can be experts sufficient for every mkt situation. One apparent OBC bear in this thread was apparently bullish on another small cap stock recently...and just a week or 10 days later it pretty much halved in price before bouncing back some part of the way but nowhere near back to where it was. So yeah, it's a difficult game or otherwise (as my mum was always saying decades ago) people would not be going to jobs, standing at 6am on freezing cold platforms into packed, late trains or delivering take aways on bicycles in rain and snow. (Ironically, she did well when she dabbled in a couple of shares in the 60s or 70s!)
I don't know if I'm keeping OBC much longer or dumping it, because I don't know about the volume earlier this year being significant or just a red herring... but wasn't it about 2 million shares in a day or two vs the usual being far far far less? What the heck was that about?! Doubtful that OBC is prominent enough to get bought to that tune just on BTC remarks by Elon. And what about January's spike and 2018's? Probably none of us here know, and definitely I don't. I just wonder about that volume. If it was speculators, I suppose they are the sellers since Feb along with the lucky ones who bought very cheaply a year ago. I suppose time will tell ... I hope I'm in if it rises, out if it doesn't ... obviously :-)

AdrianUK, did Elon and his Feb Bitcoin tweet push the price up of stocks like OBC in both Jan and Feb when it spiked, both times? And in 2018? Before that, I think it was circa Y2K when OBC or ONL as it was then spiked to 1200p thereabouts (or at least I think that was the price around about then in the dotcom boom when ONL was a games dev afaik, probably it was around about then I turned my nose up at a quite new little firm by the name of ARM Holdings !! )

Thanks, Echo. My understanding of crypto currency is quite poor, all I know is what it says on Investopedia :D But I do understand the blockchain thing itself, or just about, so I have shares in a few firms developing blockchain technology products and I am hoping one may hit the jackpot or at least have some novel and profitable way to use it. But I don't know how firms patent or monetise such things, so I don't have too high hopes on any of them in case that ship has sailed with some big player in the States or somewhere. This Umbria coin thing might or might not be a bonus for OBC, but TBH I was hoping it was just the side salad and not all there is for dinner :) Good luck 2U Echo whichever stocks you choose !

Echo, just politely asking - did you know the last say 5 years of share price history of OBC / ONL before you purchased? Just wondering because I usually check when I buy shares but the pandemic meant a lot of shares I typically look at were seriously down a year ago. But a month or so ago, I just plunged in and bought a modest holding in share for something like just under a quid each. The next day I found out that share had been just a couple of pence a year back! I quickly took the 15 or 20% profit I had in 2 days. After I sold, the shares fell quite a bit and I decided to buy them back at a more sensible price. The shares fell to just 10% above my target price, so I missed out on buying them as I was stubborn, and they rocketed up from there in a few days to what would have been a 3 or 4 bagger between 2 weekends. Other times, what seems solid with cash in the bank and a low PE just go down every day and in the end I am lucky to get out with 10% profit after 6 months or more.

Bennster, perhaps it's people selling after buying it a year ago for I think it was 10p or less or something like that. Yesterday (I think but don't quote me) there were 20k sells, 24k buys but still the price still went down. Just drifts lower on low volume? Wasn't it about 30p in Dec before it went up to 100p in Jan? And what was that volume about in Jan and Feb? Volume then was very much higher than average -- be interesting to find out whether that sort of volume has been seen before ordinarily over the years. I didn't see any RNS, Bill & Ted or otherwise, to explain it. I do not make any prediction on the direction of the shares from here, I don't even know which really applies here if someone says "just let the trend be your friend". Every share has bulls and bears or there'd be no market. I get it right slightly more often than wrong...but so does a monkey with a dart. (Someone might post that the monkey in this article is more profitable and better looking than me, yeah yeah I know!) www.forbes.com/sites/rickferri/2012/12/20/any-monkey-can-beat-the-market/

From Share Trades, it looks to be that someone bought 31k of shares (and earlier what looked like sells of 10k and 21k etc but I'm not saying they're related even if the arithmetic adds up) ... but what are the little trades like those buys of like 7 shares?! Pardon my ignorance, but I don't know what that's about. I've no knowledge on whether L2 would assist here but I don't have L2 anyway.

My screen says it is up just a smidgen under 12%. Blockchain commerce potential or related applications potential being factored in? That'd be nice.

Thank you, Bennster. I liked that summary :D but I'm not laughing at us either as am a LTH myself. I'm far from in loss at the moment, and hope to keep it that way. I am hoping for it to be a good LTH, but I am no guru and so also have other shares and see each of them as a possible winner in a few years but know that on some in my portfolio (if I can be posh and call it that) I will likely lose every penny if I don't keep to some stop-loss rules. I merely hope to come out of the market with more than I went in with, so I back a number of horses as best I can. Drifting lower on thin volume seems to be what this co might have done before (as have other co shares of mine before they went up for a short time on increased volume and then fell back down in some cases). I don't know if the free float percentage comes significantly in to smaller company price movements or if there is something else to consider. Thanks again for the summary and sense.

Hello GDTanner, I don't see much logic as to why bitcoin itself can guide a SP unless the listed company owns bitcoins ...and it doesn't, afaik. Its own crypto currency project thing I don't even want to know about. Is this company that was previously about games development now developing blockchain technologies for commerce? Because blockchains for commerce /security are here to stay, I'd have thought, no? So it's that intellectual property or blockchain technology that probably countless firms are to work on to build shareholder value, and not about being a bitcoin wannabe, right? That's what I'd thought, I hope I'm not way off.

A quick look at the Historical Chart here on LSE suggests thin volume recently. When the price went up over GBP1 in Feb and Jan and from probably a lower SP, volume seems to have been a lot more. I just wonder what triggered that volume (I don't see any RNS then) and the over a quid SP in Jan and Feb. Before that, it was probably only years ago it was at that level. So, SP rises on seemingly much increased volume happened...and I just wonder why. (Shares don't go up in a straight line is not answering my question, whoever that was, no offence intended.)

Looks like it's down 15% as I type this. Yet OBC went substantially over a quid twice this year in both January and February -- anyone have any theories as to why?