Member Info for john_z_doe

especially this bit...

"maintain a 'fair and orderly market' for stock"

LG - I have been saying this "FOREVER", and even posted a LAUGHABLE piece saying what there reason for being on the 10th September.

So here it is again

Definition of Market Makers

Market makers are normally tasked with providing sufficient liquidity in order to reduce volatility in prices and maintain a 'fair and orderly market' for stocks. For example, they will typically buy a stock when there are few or no other bidders in the market yet many investors wish to sell this security. By doing so, market makers can instil greater investor confidence in the financial markets and encourage these investors to send more orders to these trading centres. This can create a virtuous cycle where these additional orders result in greater depth and liquidity which, in turn, attract even more investors and orders. Thus, market makers can play an important role in terms of building and maintaining efficient and highly liquid financial markets.

With reversals normally it is the next day, or later,. but if it is the same day then there is 3 entries for the trade.

One for the initial BUY/SELL then there is the reversal PAIRING One negative and one positive, so you end with 3...

If that all makes sense???

Aerial - I would say 7.5M Buy once you take off the 3 timestamped the same time, which make up the original 2.5M trade then the reversal and the restated 2.5M buy.

But still NOT a TWITCH on the movement front???

My take is that the small trades are made as soon as the market opens to get the undecided to sell.

These small trades each day are made by the day traders to try and get the SP down.

At last a RNS that is GOOD...

If we knew whither the figures for mined coal was for 1 shift or 2, I would know better on EDL going forward.

B ut we have to go with what is disclosed by EDL.

So far all we really know is that up to 6Kt/m of coal is being soled each month.

On this EDL have between $10 - $20 per ton which equates to 6K * $10 = $60K per month profit at the minimum.

This is with ALL THINGS BEING EQUAL, EDL $20 -$20 per ton profit 6Kt/M production.

LG - it is more about the MM's increasing the spread by dropping the price they are willing to pay sellers.

are you using google? because when I hit your link it automatically shows the page in English

Look at the bottom right where you see (AR EN FR) select EN - ENGLISH

BO

Just had a look at the RNS you mentioned and it does not sound good..

I see someone put in a large sett £16K just before the final bell.

Wonder if they had an idea of the RNS?????

I see that the LSE computer system is (NOT) working correctly.

They must have put an update in, which has caused tallying errors with the Share buys???

8 L

you are assuming the bed & ISA sale knew the 20.01K would be 20K exactly, as this is the MAX that can be transferred for a year???

OR are you telling me that it was just LUCK???

MJ

My calcs are based on a 5 day week, a 4 week month, and 1 shift???

It would have been nice to have it in black and white so we don't need to guess...

Average daily shipments (calculated on a calendar day basis) of coal of 63 tonnes post H1 period, up from 51 tonnes in July 2018 and 23 tonnes for the first half

5 * 4 * 51 = 1020 tonnes for July Approx

5 * 10 * 63 = 3150 tonnes for July - 17th September

so 3150 - 1020 = 2130 for August to 17th September

so 2130 / 5 / 6 = 426 = 71 tonnes average for August to 17th September

So on average 8 tonnes per day extra coal during July to 17th September

Monday it took Approx 15.5M shares traded to rise to 0.033p SP

BUT

Tuesday it took only Approx 3M shares traded to reverse the previous days rise?

If this is not market manipulation I don't know what is????

Hi Aerial,

Yes still holding on in there just like you. Added to my bottom drawer like Kibo and EDL.

NOW N OW.... Don't get CATTY...

Just because you do not read the RNS's before you post???? :)

Approx 7M buys yesterday and only approx 2.6M sells today and the SP is back to what it was yesterday.

As I said MM's fiddling....

I suggest you, for once READ the RNS's before posting....

Try getting your facts correct before dissing the share.

Not that i believe you have invested here...

Another Sumba????