Member Info for mathsprof

Bhants - It wouldn't surprise me if the SP dropped to £15.50, but I'm certainly not expecting it.

During the year we could trade anywhere between £15.50 and £21.50, and this is still a very volatile share. I'm happy with the present SP. Some retrace was inevitable, and good gains should still be seen from here, even if it drops first.

Looks pretty much like a natural correction to me. £12 to £19 in 3 months was an enormous rise. Might retrace to £15.50 or so is my guess.

On the contrary, it explains to me why there were a massive amount of 25p buys that didn't raise the SP. I don't believe the SP manipulation theories. For an insignificant minor stock like SAR the MMs have got better things to do. The late reporting of the large trade (quite legit) enables them to distort the true supply and demand, but I don't think they are manipulating the SP. Sorry!

And for the record, I decided to add to double my holding when sp went under 1150p.

Am I mad . . . . . . . . or mad?

Sorry Bhants, you've got it the wrong way round...

things can only get worse . . . . . . . . or better.

Nice travel article in Times today.

https://www.thetimes.com/travel/inspiration/cruises/norway-disability-travel-mobility-advice-qp8d5hwct

In this case, its the selling pressure that makes the MMs act. Just as buying pressure does the opposite.

Sometimes the MMs try to stir up activity by leading the way with price changes, but probably not as often as many seem to think.

What is all the fuss about? The next event that will be RNSed will be full P1a results not about funding. The only concern one might have at results is that they might in some way not be good enough.

I think the problem we are seeing now with the retrace is that some are selling because they are disappointed in yesterday's news in that it only confirms what we practically already knew - ie no severe side-effects. it will be weeks before any more news, so they think "sell up now and move on for the time being. Come back later when hopefully the SP will be lower."

Don't blame AIM or the MMs for the retrace. Blame the lack of substantial news in the RNS, and now a preponderance of sellers.

No, nott relevant, Krusty!

And the board reacted quickly by rushing the RNS to inform all what was going on.

It probably shows you can't hold on to sensitive news for very long.

I'm looking forward to the next weeks!

Krusty - don't you remember 10 out 0f 10 mice RNS was released at 11am (I think) on a Friday because there was such a lot of buying that morning a leak was suspected.

If we do, its only back to pre-covid. Eg, when I started to follow CCL in March 2019:

CCL $57

NCLH $55

and when RCL was the bargain price of $120. What have they done right?

1.15pm was GMT. It'll be 2.15pm today.;

No sign of life. Are US markets shut today?

RSI looks rather boring at the moment in 50-60 range for the last week. Do you know how to see it on LSE site here? Just go to Charts and select Indicator chart etc.

Oh dear, there's always someone new every day that has never seen an RF end of day accumulated sell!

But don't worry folks, they're almost all gone, and then the SP will not be held back by them!

The 330k was definitely an RF trade (or a good imitation) It's been worked at all day. Then to their surprise a lot of late buying activity may have prompted a second RF trade - but this would be unusual for their normal mode of operation - report one trade near the end of the day.

I suspect we will see a similar but smaller large trade at around mid-day tomorrow. If it's exctly 305k, then I am confident this will be the last of RF. Otherwise, who knows????

Just catching up on this thread and can share my figures. From the records I made at the time:

The maximum mcap occurred in August 2021 when SP hit a high of 457.5p (equiv) and was £308m. (These are based on closing prices, so interday SP would have been higher.)

So today's SP would need to be £2.85 to achieve this mcap.

I think this is a realistic first target for those in for the long haul. (After all some of us have been here over 10 years already!)

That didn't last long. 32,45p quoted now to buy 10k

Strange. Buy=Sell=32p. But we're not in auction!

I agree with the last few comments. RF have zero interest in what Sar is doing and they never have. Having cashed in the warrants they will sell as the rate of buying allows.