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JohnHenry
Posted in: PANR
Posts: 11,345
Should see the start of a positive move forward once the 15M convertible shares have been absorbed by the market.
Posted in: PRD
GRH, this is just my perception of the bear market dynamics and the likely reaction of the market to news. In a Bull market valuations would be 2-3 times higher.
Morning GRH i yes own Pantheon average 15.5p recent purchases, i owned previously from 28p sold at 138p. i do not own ANGS. Held from 1.6p sold 1.3p
Imho a positive MOU3 result is pretty much being priced in. Expecting a S hit load of selling on news. Sorry if this sound Neg but this is todays bear market. I hold average 6.3p
SP over extended on the RSI @ 80 and major historic resistance @ 12p. expecting a pullback before positive news driven leg 5. (target 16p)
Would appear the convertibles are selling what wasn’t forward sold
Keith if you viewed the technical (chart) you will see past resistance at the 10p level.
Positive news filtering into the market ??
Not if the shares where purchased at 5.7p, I would place that as a large trade.
So which trade category would you place the 687,502 sell at 15:18
Convertibles would likely have been forward sold. Conversion price of around 13p so holders would have made a decent profit.
There’s some large trades getting out.
A discount to the placing price. Flippers and broker have been caught with their pants down.
Back at the Placing price.
Agrees the Placees will wanna be out before any results, as a negative outcome will see the SP well below the placing price. The placees only concern is to move the placing stock on to retail at a profit.
No games a foot simply sellers.Twice as many sells v buys.
I believe they are at their full allocation,
De Risking and places continue to exit ahead of drill results imho
IG havent been taking longs for 3-4 weeks.
Imho around 18-20 million shares
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