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.
Yes, I appreciate that actually if there was shorting going on the trades could be of any size. For me, it's just the association of these larger round trades and their timing over such a prolonged period that makes me think of such behaviour. It seems like any form of upward traction triggers them and undermines confidence that this share has finally turned a corner. I doubt I'll be the only one watching closely to see if trading patterns alter once Duferco have their shares.
'Is this shorts closing'?
Doesn't look like it I'm afraid. The round number sells are still around taking the edge off any rise.
This is a curious short. For quite a bit of the time they seem content with preventing a further rise rather than pushing it down further but are willing to use the opportunity that something like the last RNS provided to do just that.
https://www.telegraph.co.uk/business/2021/10/17/world-energy-watchdog-guides-us-painless-net-zero/
As we know, there will be lots of roles for AFC over the next 30 years.
If a company was due to benefit from payment by a large number of shares in the near future, how legitimate would it be to either directly or indirectly short said share in order to receive more shares?
Is it just the case that if the original agreement and shorting are legal, then the behaviour would be legal?
Sounds to me like Professor Christensen has been keeping a running list.
Would be useful if the vanadium battery industry had access to it or produced their own version.
I think Pat was referring to the 600k thrown on just after 4 o'clock and yes it today did have the feel of a large buy behind the scenes dragging the bid up.
Earlier 3 x 250k trades seem to have been reversed and reported late.