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Agree with your comments Broomtree, equally over 10% shares in issue are Options??????
No wonder the SP is on its knee’s, also it is no surprise serious investors and funds don’t take CNR seriously. It had been viewed for a long time as a gravy train!
Well done Broom for breaking even!
Doesn’t look like Jim’s but has stopped the seller! The MM’s are still carrying as I can still buy 100k shares!
Disappointed as thought today would give the SP a turbo boost! We need more news as without we will stagnate again!
Hi Sein
My thoughts are similar to you, but I see the buying of warrants as a positive. Realistically why would Jim exercise at 50p if he can at 15p?. It's not to say we wont be sold over 50p, that being said 40p is the magic number for me as that's where Mark's bonus starts.
It wouldn't surprise me if we see 25p today..............
Morning All
As you know I have been very open about trends and the liquidity of shares resulting in the drop but to be honest I am really surprised we havn't seen a nice bounce this morning (although I guess its positiuve to at least see blue)
When I viewed yesterdays RNS I saw it as extremely positive, why would Jim buy the warrants if he didn't have to and could have waited. For me it was a sign to everyone things are progressing or why waste another £1M on top of his current holding????
Good luck then Electric 😄
ICB 288k traded today to date so volume increasing yet we still going down, what is your reasoning for this decrease?
I am honestly waiting for an entry point to buy more however let the trend be your friend and the trend is down
Hi Connect
I can now buy at 23p and sell at 23p on II so perfect time to switch again from a trading account to your ISA
Negatively it doesn’t look good we can now buy at 23p
ICB there may be low volume but there are MM’s willing to sell 150k in one go without putting the price up!
It seems 888 you keep ignoring the fact the SP us now 23p and it was 35p…if it goes down to 15p and we get a 40% premium to 21p will you be patting yourself on the back???
The big seller is still in the background. The MM’s would let me buy 150k today which is why the reasonably big buy didn’t move the SP and lots of smaller trades followed, the lowest being bang on 23p
Without an RNS tomorrow I am sure the SP will drop again!
Hope you are listening Mark, that is unless the lower the the SP the better deal for JIm on his next placing!
Thank you Campbell 😄
Elg I responded to a question from Electric!
Would I buy more shares today as it stands, no! WouId I buy tomorrow if liquidity reduces, maybe!
Electric, that’s exactly what I do!
I have repeatedly said outside of my ‘safe’ Isa and Pension investments CNR and my own company are the only investments I trade/invest in.
CNR is more from sentimental reasons as a long standing holder that has gradually turned into a share I have traded. I have been honest in that I don’t use any investment science, it’s solely on gut feel following trends and liquidity!
I am aware I could get caught out at any time but overall my gut feel has proven good!
An early boss once told me you never go broke taking a profit, and after a period a few years ago where I let emotion over rule common sense I only invest what I am prepared to lose!
Looking at the late reported trade at £50k the fact II would still sell as many as I could buy (circa 147k shares) it doesn’t bode well.
They do say let the trend be your friend and it doesn’t look good.
Doesn’t look good… can buy at least 147k shares under 23.5p…. Someone still wants out!
The question is how low will this go hmmmmm
Just seems very lifeless at moment 😄
But what happened at last nights show?
Not sure what to make of the silence, the tampers aren’t ramping however the de-rampers are silent….was it all a dream that never took place??
Will there be a flurry of sells or buys this morning??
Looks like a little bit of buying in anticipation…..can the real slim shady please stand up?
If he had real balls he would have come in to Eminem music playing ‘can the real Slim shady please stand, please stand up’
Currently at Manchester airport for a long weekend of golf in Ireland but let me know what happens today!
As a positive if he is attending he can’t hide from reality!
Interesting with just a couple of trades the SP is going up, have we found a base to build on???
Can't buy 100k shares anymore and if I want 50k I have to pay over the ask.
Lets see what this week bring?