RE: Still start of an early trend we will see this move6 Jan 2021 09:30
If they are going to participate i would like to think they used some of the free cash flow and reduced some of the debt repayment above the minimum required, i do not want more dilution from here, need to monetise Niger asap.
Hopefully the upward momentum will continue this week, i see no reason why it shouldn't as it has been held back far too long and by far too much. GLA and Happy new year to all on here as others have mentioned this is an exceptional board and i would like to thank all those whose posts have helped me understand this share and its potential an awful lot more than i ever would have been able to with my own research. Thank You.
The volume the past few days has been P-ss Poor, hopefully we can get full year results out pronto April latest to support hopefully some good early 2021 news.
just going by the margin for save on ig they must still consider it pretty risky as they have not reallinged there margin for Save since they reduced in february, there 25% rate was Β£2500 per point back then and was reduced to Β£1185 where it remains today this too will be another sign a corner has turned when margins are upped.
Don't understand the full technicals but possibly bots on small volume that are manipulating the bid and ask to work an order through (buy or sell) i suspect a buy order her though.
Lot's of theses today, wouldn't be surprised to see some much larger buys appear just after hours, have any other companies given news of gaining Fields in the Marginal Fields round ?
I like others on here am pleased from the appointment of joint brokers especially Panmure and draw some comfort that they would have done a great deal of risk management and compliance on Save before assuming the role, i also believe this would have been the case for Standard life when considering to up there stake recently. A nice little addition from the marginal fields round next week would also be welcome and hopefully will finally give some long overdue positive traction to the SP.
Not sure there is a lot of dumping, mm's going after stop losses possibly, volume hasn't been great past week, i see Panmure as good news suspect this will finish flat or even slightly up by end of day.
Glencore are are real possibility for this as they are also a commodities trader and could possibly take 100% of the offtake hopefully good news on both this and license in next couple of weeks, if so this will re rate and become a multibagger almost immediately.