No, it's not a scam. 4p a share is the price a company is worth with a potentially game changing global oil product that hasn't found a market yet. £4 is the price of the same company that has found a market. You get to buy in at the former with a chance at the latter only in circumstances like these. If you don't understand that then what on earth are you doing buying in the first place?
Stop doing that. While market sensitive information doesn't have to be released via RNS, a largely unpublicised video isn't a permitted (therefore legal) way of releasing information information. Thus, it's a given, no new information can or will be released in magazine articles, videos or AGMs. That doesn't make them pointless. Far from it.
Bigger buys have been announced on that forum with no reaction. The announcement of 250k sell or buy doesn't move the market, I've tried it before and since. He was wrong, and he should have apologised.
And 250k or £12k is tiny by any definition, the float is over a billion shares! It's not about being pompous or arrogant, it's just too small to move the market. That's not my opinion, it's fact. We can test it again if you like? I can try significantly bigger too, whatever it takes to demonstrate what should be obviously. Let's try a 2 million sell on Monday afternoon and see if anything moves.
No thanks. Once I announced I'd sell a tiny 250k share block and LH1 accused me of manipulating the market and crashing the share price. She he'll get what's coming to him. Not for acting in bad faith you understand, but for being so howl at the moon befuddled he thinks any of this is even remotely possible.
1. I think the MOUs are fire and forget - it's for the incentivised partners to bring home the bacon, not for QFI to stick their oar in. 2. At AGMs or similar, there can't be any market sensitive new information.