Member Info for Jimzi

Yep, games - they will take 10m just below current bid of 48.

Bottom imo

Welcome Boris
Fascinating ramblings - just one small point - we don't have a contract, so due to privity of contract, we don't set the charges.
Great neutral first posts though.

But I do agree Re Warrants. Couldn't even negotiate 1 for 2 shares like cc - why - cause it was rushed post 30 days so had to agree - that's poor management - they never learn - never put yourself into a time constrained position like this

Clearly they used the machinary money hoping Ghana sorted and all dandy.
But it went on longer and being caught with their hand in the till.

Good news is, that unless he's a complete moron, it should be very close.. Doubled up at 10.02p.

At least Foxy's bullish - seeing the only downside is the warrants - means it must rise!!

Fair dos - got that wrong.
Fairly cretinous terms plus warrants - v disappointed in their cash management skills or lack of
Still can't work out why they would take more than offer

Anything is poss Mike but doubt it - I may bore peeps but with the mms taking 1.5m the only poss reason that I can think of is they have a buyer, we have a drip seller who is part helping and between them they are hoping some pis will get spooked and fleaced in the interim
But at this level, no one is selling - even traders - hence 3p sniffing around peddling doom and regretting sending the second post - lol.
Added 50k cfd this time . - ride the liquidity deception boys.

CC are either out or never sold the remaining.
If there is a proper sell order why take 1.5m but not sell that to the market? And why is 1m now 13p?
All these 250k were at 11-12p -
And now way would they take that vol if a placing was remotely possible.
Its being managed - I think for someone relevant to the business. Spend a few to get more imo - too much of a coincidence with FOMO - and this one is equally possible as an intra-day news item.
Whats the vol today - minus Ed's 100k neutral?

Suspicious yet tempted within minutes - gave your game away with your honest opinion [suppose a lol is the same as its a joke]
Tangled web we weave eh?

Zero volume -

Still take 1.5m within 8% but 1m buy is 18% over. [ no rsp for 1.5m buy]

Why would that be? Not suspicious at all.
These small amounts are smoke - its in play.

And the tariff agreement and take off is the key - if it doesn't meet the big boys criteria, it won't happen. Got to be economic plus sig risk profit premium. Could have climate change implications later - who knows.
NCCL done well but alot more to do.
Get some iis buying big and then it will change.

And there's me saying no games.

Its now 11p to buy 100k [at bid] [so will look like a sell] [10.8p to sell]

[200k is 10.8 v 11.86]

So they want peeps to be spooked and re sacrificing spread for attempt at volume

Not suprised - 250k is peanuts - most have wised up.

Hi Kingy
On stocks of these sizes mms don't really play games. If there are no non mm orders - they run a square book and make their %.
But when they have orders, they use this knowledge [which peeps do not have] to either persuade peeps to buy or sell by making it look weak or strong - so they fill their clients order as best they can - they make $ and a grateful, repeat work client hopefully for them.
By offering to buy more shares off you than to sell to you infers they have a taker of this excess as they are inherently square / neutral and they would be stuck with this excess on their books otherwise - they do not take risks - just their spread on buys and sells.
They will not trade WSG or similiar stocks on their own account and hold just enough to satisfy min liquidity as they have to offer you a quote, however bad.

Now, its quiet, in order to spice things up,[cause they want volume even though its square] they are dropping the ask a tad on each buy to get some interest both ways - buyers as I'm getting it cheaper and sellers - oh its dropping.

All the time taking their spread - the price differential - which they will vary and balance using algos between volume and % spread to maximise benefit to them given the market at any point in time.

Morning Mike - just the normal 2 peeps trying to push L2 around by consequential sells - had this for years when its in play but not sure when. They will buy back later. In essence, they are bored!

More importantly is that throughout the last 3 weeks the mms have always been prepared to take 500k more off you than sell to you via on line RSP quotes. Had thought is was a blip but not.

Re CC exit, it does look like a total one but as Dickie doesn't agree, there is a chance he is right - a connected party being accomadated ? Pure guess, no foundation in fact - its just what I would do if a little sweetener was deemed necessary. My point above re 500k adds a little weight to this moot point.!
If its under 3%, [or 5% if foreign - hint ] we will never know.

Educated guess - 400k left last night - told near saturation so told em to get what you can today.
Back to normal mm spread - its 11.99 for 100,001.

If any left and you could get 250k at 11.5p.

Yep - they told the mms last night just finalise at best. Took 2 hours to fill.

Normal limits now in play. I'm sure we will get some traders prodding but i ain't CC anymore

Yep, cc are now out - well they were last night just after close.

Maybe but 2 sets of selling on a big rise points to a general exit strategy - they can change their policy esp in macro volatile markets. - to cash

Tweet rumour from reliable Early bird??
Billicks - this distress just coincided with sharp sp rises on both?

Seriously, use your noggin - htf would he know anyway? CC tell him?

Mike - selling 10% is holding it back - causes doubt and then let the bb do the rest!!
Some good companies out there having to go through ii exits - Woodford, Miton, CC - then you had City financial admin causing non corporate movements - but short term and sp will bounce when over.

See they have just started selling after a rise at HZM. Points towards a general AIM exit strategy as we thought