Member Info for matt38

Do you know the rules regarding issueing RNS's ref to share price movements for AIM listed companies?I maybe mistaken but i was under the impression it was under AIM rules to do so over a certain rise.The other week PYC was up over 50% in a day and on the Bulletinboard someone mentioned the company would have to release an RNS,it duelly did and retraced in price when they stated they had no reason to explain it.The RNS could have been worded better IMO but thats what happened.Im not saying there isnt a reason or trying to ramp or deramp but its plain to see speculation is rife oneway or the other.

We'll get the usual"no reason for share price movement RNS".I think its bang out of order PI's cannot buy more than 50K shares at a live price.I would imagine to buy at the negotiated at best price you would be paying in the region of 1.6p/1.7p

At these prices you could own the company for £1m,They've got £16.9m sat in the bank from the aviation buisness that was sold earlier in the year,the contract at the powerstaions must be of significant value,seems as though the bod didnt have a clue regarding to running an AIM listed company.Someone will make a few million+ out of this outfit.

Can anybody buy more than 50kshares "live buy"(£650@1.3p)over 50kshares.On halifax sharedealing it only allows a negotiated "at best price"which lets face it could be any price??Yet these larger trades are going through.Suggests orders are being filled but can anyone else put logic into this?maybe mm's manipulateing the share??Yet they will take 10times this amount off my hands for a measly 1.23p.Has anybody purchased over 50kshares today?regards Matt

Maybe one more pump and dump before delist IMO

Just think of the people that paid in excess of 60p a share only a few years ago.It looks as though their restructuring plans are well in order and with reinvestment in excess of £16m back into the company this could term out good in the longterm.On the otherhand they could liquidate especially if they have any competitors.

Your mate should have gone all in on red,hindsight would be nice.I dont think GTE will go down the pan and if/when delisted their shares will become less open/available to trade and will have to be traded via their website.It doesnt mean the company cannot still make good profits in the future.Hindsight would be nice but we can only go on what news is released by RNS.

The Company intends, as soon as practicable following the Delisting, to facilitate a dealing arrangement to enable Ordinary Shareholders to trade their Ordinary Shares. The Company intends to make available a new matched bargain service. Under this facility, Ordinary Shareholders or persons wishing to acquire Ordinary Shares will be able to leave an indication that they are prepared to buy or sell at an agreed price. In the event that the order can be matched with an opposite sell or buy instruction, both parties would be contacted and then the order effected. Once the facility has been finalised, details will be made available to Ordinary Shareholders via the Company's website: www.gtefficiency.com

Further details of the proposed recapitalisation and delisting will be included in a circular to shareholders calling a general meeting to seek approval, amongst other things, of the recapitalisation and to consider a proposal to delist and cancel the admission to trading on AIM of the Company's ordinary shares. It is the Company's intention that, following delisting, a trading facility will be established so as to give people the ability to trade shares; further details of this facility will be included in the circular

Whats you gut feeling saying now?Mine says the company will be delisted,did you thoroughly read the RNS's?Its very unlikely this company will survive on the AIM and i beleive major shareholders will also be prefference share holders and the vote will go through to delist.As a prefference shareholder its seem to be there in a win win situation unlike the ordinary pi's who will loose all.Just another manipulated share IMO.Any opinions welcome.

Buy 1.65p Sell 1.57p

Snapped the trunk,,,oh dear

I hope your right and everything you say makes sense.Maybe just maybe after two days of colossal rises it may continue upwards but i dont hold my breath.I have a similar gut feeling it could come good but what concerns me is why GTE are close to delisting?The last trade of today is registered as ordinary which is of slight concern but if your theory is correct then we could see 2.5p hit no problem.Ive done no research so if im punished then my intuition was also wrong.GLA

He who dares wins,,i was looking at this share yesterday@0.70p and stayed well clear when i read the delist word.Today its gone up 200% before an RNS is released to explain this rise.Its had a retrace that was immediately shrugged off.This share stinks of corruption.Its anyones guess which way it will fly unless your in the know.IMO i think the MM's have bumped the sp up to offload what they can.All will be revealed tomorrow.

From my understanding are the total trades calculated from throughout the day that are outstanding and havent gone through the system,sometimes very small trades go through that dont make sense because they are so small but there is a logical reason for it,it would be more appropriate for it to be an unknown but i personally doubt it to be a single trade.It happens often and proves to be inaccurate,, more likely comes up as a sell because its below the ask price aswell but i personally doubt it to be a single trade buy or sell.