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There's quite probably someone selling a large amount in the background - direct with the broker. All will come out in the next day or 2. Frustrating I know

True Bobby, and like you i'm also in ALBA. The thing with these sub penny stocks is (if they don't go bust), then they often double, triple - even more, in a short space of time, then settle at the next level. Look at SYME. I had at 0.06p just a few weeks ago. Raised to 0.80, now seems to be settling around the 0.48 - 0.50. ALBA will probably do the same soon, so out today for me I think. EUZ doesn't feel like it's gone to "the next level", maybe it has and the consolidation has skewed it a bit. Or maybe it's just been boring when there's so many "fun" stocks out there. Trading certainly brings the best returns and no doubt this year I've made more on that than in my 4 investments. I feel safer, i suppose, having 75% of my pension in something slow and steady and just play with 25% for now. Maybe I'll give up my day job one day and trade full time, but not quite ready to just yet. You just have to keep a very close eye on those other stocks, because an RNS can come out at 2 o clock that scuppers everything. I made a few quid on BZT yesterday (bought at 0.09p last week). BOD act very different to EUZ yet over time I know they are/have been the same.
Anyway, will someone please give me their take on this mornings MKA RNS please. The only word I understood was "microwave" and I suspect that's very different to the one in my kitchen. ;0)

Yes Bobby, I have many a time shared your frustrations, albeit from the shadows :0).
Just to try to put a positive spin on it though. Maybe it isn't a bad thing. If you look at the leader boards (both red and blue), you'll see the same companies over and again.
Once the shares have been issued the only time the company sees any benefit from a raised share price, is when they want to raise funds again, Excluding director shares or shares held in treasury of course. I'm sure you know the "trade-able " stocks, the ones that fluctuate a lot, and if you read through the history on RNS, they all have a great habit of issuing more shares. Over and over again. Pump it up, issue more shares, then consolidate and do it all again. At least the BODs of EUZ seem to be focusing on getting the job done. The value of the business, at the end of the day, is what it will be, and less shares in issue should mean a higher return for the LTH's. It depends on what your goal is. For me, this is an investment and it's in my SIPP. I'd like to retire in 7 years, so it will be nice if it's matured by then. If you've done it to send your kids to uni and they're now in their late teens, that could be a worry. I may be wrong, but i do feel like these will actually get the job done and the pay off for us will come. I most certainly wouldn't stick my hard earned cash in one like BOIL and ignore it for a few weeks.
Anyway, once it is all done and dusted what are you guys all going to do! It'll leave a void for you all :0)

:0) No worries Shed. I always have appreciated you sharing your knowledge, when the RNS's are released, (they are just a blur of numbers to me.) The least i can do is share a bit of my skills. A marketing person by "trade" so frustrated at seeing such a great stock been passed by. I've almost considered sending in my CV and offering my services for free

You just see a lot of stocks that release news pretty much monthly. Even if it's just an investor presentation. I was hoping this new marketing company may start to do this kind of thing. If, all of a sudden, the BOD start liaising with investors, it will create interest. A few buy in, SP moves up 5%, traders start to see some volatility, so they buy in. It starts a reaction that grows. On the positive side with this, when news does flow and it's sitting at the bottom, it really will sky rocket and take traders and investors by surprise.

Sorry to be the bearer of bad news, but looking at the charts I think we can realistically expect this to drop to around 8p.(in new money) That seems to be around the support point for this stock over the last 2 years. Ironically the SP spiking on the JSE rumour probably did it more harm than good. This had already spiked when the real news came out so those that bought on the spike sold out to recover small losses. Had this been sitting at it's support point when that news came, I think the rise would have taken it to the next level. I'm no expert but watch lots every day and take such as DDDD or SYME. News moved them up to a new support/resistance. Sadly, this one is just heading back down to where it was. We need a really good rumour followed by confirmation from the BOD. Until then MM's are just going to keep lowering the price to try to attract investors. Warren Buffet's moving his investments into mining. We could do with him sticking a few quid this way

:0) I refuse to believe that Sheds pours concrete for a living. Great fun and intellect you guys tho

Well I've flown out of LBA today to Palma and the plane was almost full. Very happy to have had a chance to buy into this at £6.45 each. I'm rather confident I'll be getting a good return soon. Especially when only 40 seats were booked last week when I booked this. So true of the British, we just "Keep calm and carry on", i realise now, more than ever where that saying comes from :0)

That's so true BM. Most people don't think about it a) because it's all they can afford, or b) because they want their wage to stretch further. Who can blame them in a way? Normal working class struggle to make ends meet. Boohoo have never (to my knowledge) "pretended " to be ethical. On the other hand, I was fooled by Joules, who I believed to be "British". (well technically they are). I'm lucky enough to be able to afford to pay £40 for a scarf and was happy to do so, thinking i was supporting my home economy. Yes, there is a tiny hidden label in each item that says "made in China" but i never felt the need to question it - until Covid hit. They have great marketing people that mislead. Boohoo can genuinely label their clothes "Made in Britain". It's all ****ed up. I just won't be surprised to see this share back near it's "norm" soon.
But now Next are implicated (and they must have read last years FT article), i'll keep an eye out to buy in there. Their SP has always been out of my league..........

That's true BM.

I agree Taverham. I work in the marketing sector and we have exactly the same issues. It's rotten to the core, everything. There is so little value to anything (or anyone) now. Much as i would love to be able to use this platform to put the world to rights, my main point is - will this actually, in the long run, really affect the share price? Probably more so now as we are not in "the normal". But once those night clubs open and those girls want to look their prettiest at the cheapest price, on a Saturday night, this press coverage will mean diddly squat to them. And hey, if the company value drops so low the directors can't pull in their £££millions bonuses, that doesn't matter either. They'll just join big brother in San Francisco under the Pretty Little Thing banner. All the Boohoo shareholders will lose their investments but the kids will still keep buying................ :0(

Great links, thanks for sharing. The FT article went on to say that all suppliers are called in once a month, in the same room, to "bid" on items of clothing. So they will hold up a dress (for example) and say "how much to make this?". Cheapest bid wins. Not only are the workers exploited (mainly eastern Europeans) but the companies go bust frequently and phoenix, to save paying tax/suppliers etc. They can't possibly make these items for such a low cost without screwing someone over. Never mind, Boohoo family still own Pretty Little Thing and another big name brand, that I forget it's name now.
There's a web site called "Made In Britain". It costs about £25 for a basic T Shirt but it's all ethical. Why spend that on a basic item when you can go out for 2 weeks in the latest fashion for the same money. Sadly, this is just a case of supply meeting demand.

Sorry I meant May 2019

I can't understand why all this fuss now. The FT Weekend published this last May, it featured in their magazine. If you want the latest fashion item, delivered tomorrow, for less than a tenner, how else is it going to be produced? I was shocked last year when I read the FT article but i came to realise that's just the way this country ticks. Especially when I later read an article on how many tonnes of clothes were dumped each year. It's disgusting and it's wrong, but this is yesterdays news. I hope it will mean change - but sadly, I doubt it

You should consider buying into at least 4 stocks with your money. Very risky putting all your eggs in one basket. As Starance said earlier, the likes of BT, Rolls Royce etc are good ones, reasonably safe. With penny stocks there's a huge risk they'll be gone tomorrow or shares diluted. It's a good idea to look at the charts and see where the share price was a year ago and where it is now. Such as IAG I think was about £5.00 but Covid knocked it hard and it's just over £2.30 today. IAG unlikely to go bust and once US opens up they'll move quite quickly, but probably take a few years to get back to their highs. A great time to start investing, some real "bargains" out there. Good luck

Thanks. Must admit I've never bothered looking that close before.
Every day's a school day :0)

Thanks JB and rodders. I didn't realise I could/did trade on that! Just do my buy through HL, assumed everything I did went through LSE. I'm certainly green behind the ears when it comes to the "mechanics" of this trading game.
Thanks again

Oultonmike very helpfully posted the reason below :0) I bought another 1m (well 1010101 to be exact) at around 8.25am and that's still not showing

15.01 1m was my BUY at .10

My 1.9m buy showing as sell