Good evening to you I know your as down beat as I am with this but lets not forget we maybe looking at this wrong we think Cyrus are holding all the cards but if the management are worthy? we will see the management get this gold mine and get producing ie creating income with the intention of using any profits made to buy back the notes along with BAM starting in lets guestimate Q2 2011 also using profits to buy back the notes while i'm not suggesting Cyrus wont get a good hold on this company I don't think it's as dire as it seems and the management need to put forward an operating/producing plan with intent shown to buy back these notes.
Just my thoughts.
sorry had to go out, the sell trade at 1.8p was for 252,620 shares and it came less than 20 seconds after another big sell of 250,000 shares at 2p so I think one of the mm's saw some easy shares and took them.
Level2 shows order book
buy side 3, 1 prices 48p, 44p
sell side 3, 1 prices 53p, 54p
sell 48p buy 53p cur 50.5p up 3.1%
1 trade at 52p for 2,600 shares.
Morning Asprat sorry only just seen request
Level2 order book shows
buy side 4, 2 prices 2.25p, 2p
sell side 1, 4, 1 prices 2.5p, 2.75p, 3p
trades so far
buy 0
sell 370,144 shares
unconfirmed 0
8 trades all showing as sells if trades page is to be believed.
Level2 order book shows
buy side 4, 2 prices 2.25p, 2p
sell side 1, 4, 1 prices 2.5p, 2.75p, 3p
I read this as further rise to 2.75p then a stall unless the mm's change positions.
level2 shows order book
buy side 3, 2, 1 prices 2p, 1.75p, 1.5p
sell side 2, 4 prices 2.25p, 2.5p
I read this as an improvement in the order book in favour of a rise but obviously just my opinion.
details from ADVFN.
Good afternoon to you yes it does show quantity but all positions are by market makers and these can have many more shares than what is shown, with regard to buying at less than mid price I see this as 1 of 2 things to happen 1 there are many shares available and the mm's are happy to let them go at less than the ask or 2 the mm's are expecting a further dip on the sp making the shares bought at less than mid price to look not such a good deal after all.
Just my take on it