The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Is it not common for RTOs to be run down to the wire? In order to maximise the time when share price can't waiver during a slow period.
In which case we shouldn't expect news until (mid?) march.
Aside from Treacy previously being involved with that company, how is it relevant to us?
Last time we fell this low 0.02, +/- 0.005, was the buy zone. It was always quite an aggressive bounce too.
Does anyone expect next week's RNS (if it arrives) to detail the RTO? Or will it be just an update of sorts as the RTO is given as much time as possible?
Someone posted about 20p share price, but a bunch of yesterdays posts have been deleted by the looks of it. Remember that there are people here looking at the long term not just one day and one month after the RTO, more like one year and more, so these big numbers aren't totally unreasonable.
Presumably people taking positions in expectation of a news heavy period
AGM is in a fortnight. Then hopefully the fun begins.
Every time the price drops to these levels the spread opens, frequently going as high as 25%, and it bounces to upper 20s shortly after, even if it does drop down again. It could be possible to use the volatility to increase your holdings but I wouldn't play with a large amount because it wouldn't take much upward movement for whatever you've sold to buy back 25% less shares.
I've got my OO shares on IG, so that's one lot of people with their new shares.
Everytime someone says "it's dropping now" it's already rising back up... People want these shares
I'm getting quoted 192 to sell and 187 to buy...
He did the same thing yesterday, just won't take the hint
The dips got bought so quickly that by the time richboy had made his "its going down" post the SP was already rising .
IG took mine Friday afternoon. Shown in my account as "Open Offer - Taken Up" with all the usual data like buy price and book cost.
It's literally rising right now.
Slowly, but it is happening.
10mil was my buy. I think there is a lot more buying than is being let on.
Finish in high .2s? Should set us up for a continued (gradual) rise.
uk.advfn .com/p.php?pid=trades&symbol=LSE:bou&xref=navmenu_trades
If you can see it, bottom of the list.
.04031 and another 51mil at .0432
I'm getting quotes for 10mil at 59 buy and 562 sell. Moving up slowly
The last RNS stated "in prudent haste". Pretty much the best we can get for now.