Member Info for Jambo813

Fair comments on my opinion but PumpDumpRepeat I really think there cannot be a bidding war going on ( at the moment).
A bidding war at the very least needs to have one bid on the table and announced as such by the BOD

“ · Proposal received in May for the potential acquisition of substantially all of the Company's assets. Since then, additional interest from other parties is being considered by the Board”
They mention the proposal received in May after closing the FSP to focus on it.
Now considering “ interest from other parties”
(note interest not reportable bid or bids so no bidding war).
Assuming there was a bit more than just interest shown by all parties in the FSP why have the board been distracted from their focus on “the proposal “ to consider the latest interest.
And does the message conveys the May “proposal” is now dead in the water.
There is no non disclosure gagging the board so what prevents them from giving a bit more clarity on the May proposal.
I do not like the note above and would have been happier with a mundane interim report, instead (happy to be wrong) get the feeling the May deal has at best stalled and we are back to interested parties again.

It’s demand & volume that ultimately are the biggest factors on the SP.
You will notice that for whatever reason, there are actually sellers from the opening bell, if they are enough to meet any buyer demand then this is how it is. Nothing wrong with that if like me you are waiting for the deal to conclude.
If it jumps to 30p or 40p are you going to sell as the deal is worth x or y. ( in other words I don’t know the value).
Others would certainly sell but would there be enough buyers around at 35p ?
The true value of EUA as now- any dividend and or EUA 2. Is not know “ take no chances” is a motto for most Institutions so I do not see any huge demand from them at this stage.
Just be patient

@Lookingatgoat
I’m losing count of the times I read there is always a buyer on the other side of a sale and vice verca.
Simply not correct

HL do not show deals I think. They also show the real spread prices when you actually deal.

Even if you bought at the very top there will be incremental rises that will take you there and much higher.
Stay cool and choose your exit that suits .

Careful Giant
That reads we should be concerned when we get the deal RNS

My take in the wording is that they already know. Results are intertwined with any deal so can and are being held back until other side of the deal have made any next step required.
The wording may be as much a message to them as was for us.No pressure !

Agreed Newbie GLA including you too Gecko

Fair point Newbie
I guess the only facts I can back up an opinion with over the short term movement between news is how the MMs trade the SP historically on this share and most others between news and from past experiences working in them.
If I was pessimistic about EUA I would not be invested. Period.

Mate - I am not the one who needs to keep calm. Did not read your post / reply that got binned but I guess it was a reaction wholly reserved for the cursed derampers. Was it not?
Funny how my post is not that far away from your own opinion. Only difference is the timing.
You couldn’t make it up LOL
GeckoLovesGreed
Posted in: EUA
Posts: 5,792
Price: 23.60
No Opinion
Tomorrow’s trading day26 Sep 2021 17:57
1 - MMS will try a early drop to let the shorts out and get their mates to buy, NT to buy for the little old PI
2 - MMS take us up and then try a shake and rebound
3 - MMS take us up, we stay nice and steady and fly in the afternoon
4 - MMS take us down, keeping us there to fill orders and in the last 30 mins let us go

Hey @ Geckolovesgreed
I’m an investor here too. What is it with you and many more that interpret an opinion on how the MMs make a market for themselves ( and a little profit).
Jeez folks, investing does not oblige us to be super rampers but there is no harm in tempering expectations- based on historical movements and how the MMs operate on sentiment- especially when they are confident there is another gap between next news ( which I am sure will reflect further progression if not conclusion).
In the meantime please engage your brain or least the bit that computes any suggestion of a retrace in the SP as the words of duh shorter- duh paid de-ramper- duh seller who wants back in cheaper, and boringly so on and so on.

On the back of the weekend hype NT to buy while they push it up find sellers (as always) then flip the stock to buyers ( not institutions).
In a couple of days of no news this will fall back to low 20s

What about the really long term holders ?
By that I mean anyone who held them when £2.85 and still do

Correct Itsouthere
And that that’s why at best it is only worth about 10% when sold in the ground

Do not hold your breath on that.
The majority of these private “institutional “ (always sounds good eh) placings are to specialist financing entities who more than likely forward sell ( before the shares are issued).
When the placing is announced a trade to deliver the shares ( free of payment - matched with a forward settlement date ) the placee therefor has a buy on its account. That allows the placee to in effect sell the shares well before the placed shares are issued, as long as their sales also have the same forward settlement date.
Alternatively they can borrow .
Some market makers ( usually company broker) can be the placee.
My educated guess is any recent placed shares are long gone and the placees are sitting on the cherry in the form of the warrants.
Nice piece of business for them.

Pity they could not have acquired the same cash from us on say a 1 new share for 35 existing shares rights issue at a discount.
That way they would get the cash and not have double the shares to issue at a later date as no warrants would have been given up.

Also
Some MMs will have a fair position, they will be the two or three who generally lead (give best prices) the bid & offer, the others rarely do and feed on the crumbs /facilitate their own brokerage clients.

@ Horrendous
Just an opinion but in answer to your question it is possible some shares were borrowed in order to meet the demand from the 18m buys.
If so, it would be convenient if the Sp was to fall back a few days in order the MM s could pick up the shares a bit cheaper to return the borrowed shares.
That particular strategy may work , just depends on how many panic sell and how many potential buyers are put off by the downtrend in SP
All part of making a market and making a profit

5m sold and 12 m bought