George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Magpies,
Who's been pedantic?
You made a statement that's false.
I posted a direct quote from the internet.
Which is how the stock market works and has always worked. Doesn't matter if its automatic or not.
Market makers have a float for stocks they trade.
Nobody said it was out the goodness of their own heart. They are there to make money and usually succeed.
Technically it's illegal to manipulate the SP but hard to prove and easy to do for some.
Which is why I say price been kept down is nonsense, because I they wanted it low they could very easy knock huge percentage off where we are now.
Yup, they need to complete the WL deal .
Then show that more IMs can be done and done in quick succession, we've had a large pipeline of clients for years. They need servicing.
So far practically peanuts in revenue even with this WL.
But the 100m CH deal should make us a nice chunk..
So roll on more business and prove it can be done fast and not over 6month to a year.
"Market makers hold an inventory of a particular asset. They either sell from this when they receive a buy order, or they add to it when they receive an instruction to sell. This ensures that financial markets can keep moving and that a buyer and a seller can always find someone to trade with"
So no, buys don't always equal sells or the opposite
"I think the selling is not done yet. Whoever is selling at these levels, can only sell once"
Not true, they've been doing it nearly 4 years.
They'll be knocking it down with hundreds of tiny sells below the bid next then buying I back cheaper and repeating it.
Vagabond, good summary and I agree.
Marko and Burnley, cheers 🍻
I'd suggest it's not PIs selling off on news
Vagabond.
The saying "buy on rumour sell on news"
Exists because that's what happens.
Check the trades day before the rns if its possible.
Multiple 30m buys and multiple buys of 17+m all identical.
Insider knowledge.
Then there's the fact of the warrants recently sold off to a third party.
"You mean to say lse figures are manipulated? Be careful what you post. "
I didnt say they were been manipulated, i said the reporting of trades on here is not accurate and thats known.
" Went on L2 and indeed there is 32 million buy and 146 mil shares traded. Its for all to see so I wouldn't believe you. "
Do t care if you do, i stated a well known fact, thats all.
You hust said you checked level 2, i havent, you dont state buys or sells just volume.. so no idea why your bringjng it up.
"And why are you always negative when you are not invested?"
Why would you think I'm not invested?
Because i argue with some nonsense thats clearly lies?
Been here since 2020.
Check my post history of the only account I've ever had.
Is stating facts been negative?
Vagabond, it's a well known fact those figures are not in any way accurate.
They are the best guess of a poor reporting system.
Ben
You can't open a spreadbet either direction for syme with cmc trading or plus500. Since I've just set up accounts to check.
So if you've got proof you can short syme anywhere else post it.
Show me a post where I side with THEM jonah?
Or even communicate with them, apart from telling ex not to make an assumption the other day.
You haven't been able to open a short against syme since 2021.
But you keep making stuff up Ben..
Just shows how weak of character and afraid of the truth you are
To be fair Ben, only brass , Castle or Rosie said those things.
I think you well know savvy list are not all the same person, since its blindingly obvious , none of them sound anything like each other.
But you keep spinning the same story fella, you and your little mates.
It suits your agenda to say everyone is the same account.
Ironically there's one person here who's had multiple accounts and claimed not to be the same person while pushing the same story word for word.
Truth of it is, its him, you and your little gang that's paid to distract on here.
The are of misdirection.. quick everyone look at the loan shares.. while AZ slides some big trades in through TAG.
You lot are trying awful hhardtop sell your story while a couple of others are trying real hard to hype every deadline
With all due respect Hard2H ..
It hasn't happened yet, all that's happened is another announcement.
So expect the usual people to hype it up before it's complete so AZs big holders can trade it again
Ginger, dod you not see all the large buys the day before?
Those were the big shareholders looking for a trade.
Then comes the sell off..
But there wasn't enough buying on the day to soak up those trading it with the help of those on here trying their best to hype every single deadline for nearly 4 years.
Followed by more WL transactions..
I agree with chewy..
Revenue Revenue Revenue is what we need..
But I'd also point out WL hasn't happened yet and if anyone cares to look back at 2021 RNS about fintech bank we heard the same language used in that.
Binding agreements signed.
So let's just wait and see it play out and hopefully very quickly.. as in not in 5 month time
Ex, the term sheet signed is for the first WL transaction.
It doesn't say the stock company will hereon after need to provide 15% of all WL transactions.
It may well be the case but it doesn't say so.
So you're assuming .
I imagine that information will come once the transaction is done.