Mozza even though there is no logical reason that a share price should fall after consolidation ... Sadly what you say is oh so true ... There are exceptions but in the majority of cases where there has been a consolidation the price has suffered as a result ... If a company wants to take over another, share price really doesn't come into it, they base their offers on Mcap and projected earning/gains they will get from their acquisitions .. Mafuta
Just to clarify I took my data from the LSE trades tab. I don't do level 2 ... I cannot justify the cost and I'm really not that bothered if it's a buy, sell or unknown as these can be manipulated ... What is important is that we are going In the right direction according to the charts ... Have a good evening everyone Mafuta.
RE: Sareum FOMO =10p+ today. A Great launch pad for 20p next2 Aug 2021 19:24
TBH we have just got to accept that there will be selling pressure as we move towards 10p ... and why not, if someone is happy to take a profit at these levels then well done them ... but I'm not moved to sell until we get to some real value ... so i'm not really bothered by these minor corrections from time to time ... I'm not a day trader ... (i learnt my lesson on that many many moons ago) ... and I'm pretty confident we will multi bag soon ... just need to be patient and sit on my hands or stop looking at the screen for a while ... xx Mafuta
I don't filter it's all in days entertainment ... I know I have been guilty in the past but ... if you don't feed the trolls they soon go away and get attention elsewhere ... The small correction we had today is healthy IMO as long as the MMs don't overdo it ... It helps weed out the feeble hearted ... we will have to put up with this pattern until the news drops I'm afraid ... hugs and kisses .. Mafuta
RE: I wouldnt look too closely at wuhan1 Aug 2021 19:59
Thoth ... Compulsory purchase under national security legislation is not totally science fiction in my mind ... But whatever the case I think we are in for a very busy and noisy week ...
Yes I think there was more than just the Chinese involved in this sense the lack of enthusiasm to find out ... The WHO investigation was a token effort and it got nowhere
James ... We have a tree shake every day from 1 pm to 3pm it's a pattern we have been following for a long time now ... It helps thin out the short termers, day traders and uninformed ... But they don't phase the LTH
Danny ... Have you included the amount raised by exercising the warrants into your calculation? .. I agree I ... can see SAR chasing the new fund ... I've mentioned before that I wouldn't be surprised to see another HNWI turn up ... And I get the distinct impression that SAR want to go it alone or with a philanthropic partner to bat off any pharmaceutical predators ... They know if they agree to a merger or T/O with a large pharma it will be goodbye to their compounds as they will be shelved like SRA737 or be messed around like we're were with the Chinese pharma... we do indeed live in interesting times ... I'm glad I'm not out of this one this weekend ... Mafuta
Danny ... You might well be right ... I mentioned in a previous post the revenue Pfizer have raked in thus far on their vaccine sales ... Pharmaceuticals are a huge cutthroat market .. there is nothing they wouldn't do to protect their income streams ... Even at the cost of those who suffer ... Watch this space