This is quite a different proposition to Imaginitik... If you want a lowdown on the sells go through the RNSs. There are 3 stock loan companies that have sold positions into the open market, two of them have completed having sold circa 46% of loaned shares. If you include the delayed trades from Friday and Monday (another 5.4%), you're at just over 50%.
It has been stated that the stock loan companies are selling into the market to mitigate risk (they are selling at a loss at these levels) but given that 2 of 3 are done there can be an assumption that they're selling half and holding half. The reason why interest has perked up is that we're a lot closer to the selling being done which presents a trading opportunity and a chance for the company to realise true market valuation without manipulation.
This could be significantly higher or lower than current levels but the wildcard is the impact that a contract RNS would have here (incoming in the next couple of months). A positive contract RNS would propel this significantly higher...
Random flurry of buys at close (except 16:20), maybe a leak;
16:30:26 0.066 5,000,000 3,313 O 16:29:48 0.063 1,573,095 991.05 O 16:27:32 0.0625 3,000,000 1,875 O 16:26:30 0.062 8,004,346 4,963 O 16:26:25 0.062 4,356,176 2,701 O 16:25:47 0.062 1,585,693 983.13 O 16:23:54 0.062 398,571 247.11 O 16:23:02 0.062 8,010,032 4,966 O 16:22:35 0.062 3,201,733 1,985 O 16:22:22 0.062 311,419 193.08 O 16:21:16 0.062 403,225 250.00 O 16:20:01 0.0601 831,829 499.93 O 16:19:06 0.062 1,000,000 620.00 O 16:18:41 0.062 3,994,629 2,477 O 16:16:07 0.062 311,419 193.08 O
Agreed, the sells today are all PI related, as the buys came in the bid increased and then dropped on sells. This is what we want to see. Perfect eligibility for a pump and dump but hopefully will see a more gradual move...
Here's hoping, I just wish a contract RNS would come out... people are just investing beer money at these levels. Its a main market listed stock, no fear of placing and big upside on the horizon. For whatever reason though it's not getting wider attention