Member Info for MassiveRay

Highest we've been last year is 1.59p for a brief moment and that was because we cleared the loan - so in fairness this year we've been averaging around 1.15p so it's not as bad as you're trying to make out.

Where is the 2p you insist on bond are you sure you're on the right board?

Yet again kat is making unsubstantiated claims.

You don't know who is holding what.

We never hit 2p in November 2023

Look at the chart

We didn't hit 2p in November...

Comparing us to those other companies is ridiculous

"What was the point in releasing such a good RNS yesterday where the price didn't even go above 18%, and then slapping us all in the face with today's news"

The point has already been made in the rns...

Well goodbye buddy.

You don't have to forward sell no - you can decide to keep

CMC - contact their investors and ask them if they would like to take part in the placement - if their investors are interested they sign an NDA and are forbidden to buy or sell shares in the company until rns lands - funds are raised and given to gst - CMC markets get a headstart to forward sell the shares ensuring their investors a profit - then rns lands sometime later when everyone is happy - market finds out sp does what it does.

When you sign the nda you're not allowed to trade until the rns lands. The placement shares are forward sold before they're issued.

Thing to understand is the placement investors are insiders and so it's been packaged to them to get involved.

Well put Billy...

"The motivations for the forward sellers are pretty obvious: they can make an almost* guaranteed profit by selling shares at market prices, when they know that they are going to acquire the shares at below market prices. By selling the shares before they receive them, they are taking no risk that the price might decline after the issue process has completed. The practice also benefits brokers and advisers, who generate fees or commissions from the share issuance"

Hope this helps.

I don't think kat has been trading that long as he doesn't understand the basics about forward selling.

"You can't forward sell 120million shares on a day that trades 73million. and, considering the previous days were: 12mill, 3mill and 9mill... that's just basic maths."

I take it kat believes that shares that have been forward sold even though they haven't been added yet will automatically show up on our volume today?

Is that what you're trying say?

Let me know if wish to discuss your misunderstanding on this matter.

But it has been explained.

Another stupid header from the attention seeker.

"Do a placing without informing the market"

They did inform the market! It doesn't work informing the market first.

"Happy my picnic has better food than boring sandwiches 🥪"

Great if you like dog biscuits.

😉

And you have to sign an agreement that you're an insider and you can't buy or sell any shares or disclose any information until after the rns lands. Not including the placement shares that is.

I have been approached by the listed broker on another listed company to take part in a placement. You don't know what you're talking about kat.

Are you really that dumb?

Yes they can be forwarded sold a few investors or one might have taken the lot