Member Info for mathsprof

Can anyone suggest why we are getting so many uncrossing trades - all at 0.65p when most of the other trades are below this?

Perhaps they naively thought that the SP rise would be a lot higher, and that it would stick. Then the fund raise could have been at 1.5p or even 2p.

The MMs are reluctant to hold any stock, hence the rapid movements in the SP, I believe. It all adds to the effect! Mid-price at 1.25p looks better, but in fact bid has only gone up to 1.14p

and for that matter offer has dropped now. Where you getting you're figures from?

I reckon bid is more like 1.065p

try buying some.

Looks to me that ther's a big seller about. Trades this morning all appear to be buys.

and further more in the assets we have:

2016: £644497
2017: £424094

ie 2017 assets- (2016 assets -2017 paid) = 2018 to be paid

424336-(644497-636739) = 416336

and as reported in September 2018: £416336

Looking at last year's annual report there is an item "tax credits received", which to me looks like income in the current financial year (2017) of £636,739 .

So I think we have received further tax credits this year. But I may be misreading the report...

I am using the present tense.

No-one bought when the SP was 1.1488p 15 mins ago. The SP offer is now 1.14p. No-one is buying (yet). They will do ...but will the offer be lowered again first?

And as I type, indeed we have 2 bites at 1.14p. Maybe it wont drop further. We shall see. Sorry you misunderstood the jist of what I was saying.

Sorry I meant "won't buy from you at 1.10p"

The MMs have nothing to sell you now at 1.10p

Drop coming soon! Messing around with the offer won't help. No-ones buying. A sorry state.

And one further thought.

What do all these red buys tell me? That actually they want you to buy at 1.15p (now) thinking its a good deal, when in fact someone is probably trying to sell a large block at 1.10p. (My guess). The offer could probably drop again in the near future to encourage more buyers.

Sadly, if any "new investor" is confused by the red/blue distortions, they shouldn't be investing on any AIM stock.

However we probably all have learnt the hard way when we were the newbies, and are prone to forget at times too, blaming others for our bad investment decisions.

BritishBulldog. I understand the mechanics of the reported spreads, but not the apparent collusion that the MMs have in their individual bid/offers.

On AIM there seems to be a reluctance to change the quoted spread frequently to reflect reality. Is this simply because there are so few trades/ such little business, or is it more sinister at times? Often the true spread is much less than quoted. Does this stop people trading?

The late reporting of trades are not MM games. They are supposed to help give an orderly market.

The MMs have committed to supplying 4m shares to a buyer (assuming it was a buy) - either they had achieved that by 4.30, or by offering a good price first thing today. We now know they didn't offer a good price first thing (highest trade today was 1.333p, I think). Demand fell away today, and so did the price. Nothing to do with games, nor with the unreported trade. What difference would it have made if we had known first thing? It might have boosted the price in the short term, sucked in a few more buyers, and then fallen back to where we are now, but maybe a little later.

In the non-immediate term, there would be no difference. Let's face it, if there had been real substance in the RNS, the SP would have soared past 2p, and probably held.

I was typing a reply to January and the thread disappeared when I tried to post!

here is my attempt:

It then becomes a self-fulfilling prophecy - sell yesterday because you think its going down. Sell more today because it has gone down. Repeat until the new low is reached when we start thinking the opposite.

So as we all know(!) the secret of making money on aim is second-guessing (and/or attempting to influence) the herd mentality! Some people make a living by trading these type of shares. And that leaves the "dim witts" making a loss every time.

Just what I was thinking. Why sell today at 1.21p when you could have sold yesterday at over 1.5p? Doesn't make sense.

Morning Obelix
Some of my companies are beyond the letter to Santa stage, I'm afraid! But I haven't given up here, although I am prepared to sell at a loss if necessary.

I think I'd better send Santa those letters too, plus 5 more!