George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
It was a few 'unknown trade' transactions, all on a quiet morning of Tuesday 18/04. Nearly 200K and 10% value of market cap (at that morning's sp). I don't believe it's an algorithm (probably not at this market cap), but something is definitely occurring.
It was a few 'unknown trade' transactions, all on a quiet morning of Tuesday 18/04. Nearly 200K and 10% value of market cap (at that morning's sp). I don't believe it's an algorithm (probably not at this market cap), but something is definitely occurring.
A total of 3,824,770 shares traded at 5p on Tuesday 18/04/2023, for £191,238.5
An unknown trade from yesterday (18/03) is included with today's (19/03) trades:
18-Apr-23 10:01:13 5.00 1,387,385 Unknown* 69.37k
Any opinions on today's uncrossed trades?
Recent Share Trades for Pelatro Plc (PTRO)
Date Time Trade Prc Volume Buy/Sell Value
18-Apr-23 15:24:30 5.425 20,000 Buy* 1,085 O
18-Apr-23 15:23:08 5.33 50,000 Buy* 2,665 O
18-Apr-23 13:49:29 5.335 100,000 Buy* 5,335 O
18-Apr-23 10:10:03 4.77 763 Sell* 36.40 O
18-Apr-23 09:17:44 5.00 525,000 Unknown* 26.25k O
18-Apr-23 09:17:52 5.00 1,912,385 Unknown* 95.62k O
18-Apr-23 09:25:42 4.55 15 Sell* 0.68 O
18-Apr-23 08:50:03 4.915 54,054 Sell* 2,657 O
18-Apr-23 08:31:50 4.915 9,345 Sell* 459.31 O
Looking at the trades, this doesn't look like it's being obviously shorted, correct me if I'm wrong. But maybe the shorters are using more complex ways to disguise it.
Riverfort selling is intersesting. What is there next move? When morale is so low and lth's have 'averaged down' other months & years, how deep are their pockets? Who is actually buying? So are these shares moving back into stickier hands? That is the million dollar question.
Has the 'technically minded' mangement team created a time table for the '3rd seismic's' ? Is there any reference to see start date or location? All seems a bit vague for now.
In september lse interview, John B's expression: 'reinvent Ascent' was a calamitous choice of words.
Remember the 'unboxing' pics of the hydraulic-setting tool which posted on Twitter? It's a piece of kit which commonly used by the exploration industry to set plus/packers and wire-lines. I think that summed-up JTP and the whole operation 'pre-verdict' Brockham. It is highly questionable why this kit could have not been sourced immediately within the UK, as pretty much all exploration is affected by ground water in some way. Evidence of a delaying tactic?
RXDAV
I hope you continue to post. Your posts are always packed with self-depreciating good humour. There are so many pseudo alphas lacking humility on here and trying to barge off anyone not adhering to their pathetic ramp scripts. GL
I think the swing trading likes of DHC are still likely to make 50-100% profit in the near / mid term. With many potential variations on updates this also looks to be a P&D day traders dream.
We have sell, hold or jv scenarios on Brockham / portland. Then you have the planning application on Balcombe and updates on gas venture also on the horizon. The sp could double or even treble in within 100 days or less, so an opportunity for the burned to at least salvage something instead of selling out at rock bottom. Or tempting the masochist lth's to trade their way back up.