Excellent and very well summed up!what i was referring about the freefloat is that imagine eufingest announce conversions,they will have 65 mill shares,then FG will get his salary in shares and not many shares available for bond holders left.The freefloat could be used to lower the bond holder averages but the mms will up the sp very fast and also day traders coming in,will result in no freefloat ,at all.....THE PERFECT STORM....since all this is within 6 weeks,i`m stunned that buyers are so shy!(not for long).I`m getting very excited as May said today:we are near end game...
had a double up,this morning.....excellent average he/she should have....either very well informed or a bond holder playing forlowering is average(clever if that).Once eufingest will convert,there will be almost no shares available to allocate and the freeflow will play a big part.
Major Shareholders
SHAREHOLDER Ordinary Shares
EUFINGEST* 16.76%
INTERACTIVE INVESTOR SERVICES NOMINEE LIMITED 15.56%
HARGREAVES LANSDOWN (NOMINEES) LIMITED 13.89%
HSDL NOMINEES LIMITED 5.25%
LUKE JOHNSON 4.86%
BARCLAYS DIRECT INVESTING NOMINEES LIMITED 4.36%
AN IDEA LIVES ON LTD* 4.34%
JIM NOMINEES LIMITED 4.21%
REDMAYNE (NOMINEES) LIMITED 4.03%
HSBC GLOBAL CUSTODY NOMINEES 3.04%
76.3% taken 23.7% freefloat.You can guess why the mms are shifting wildly whenever buyers or sellers appear....we should see 1 penny quite soon,and pass 2p when eufingest will convert their full load....(they still can get 13% of company without TO)
basically nearly saying will be settled out of court....next Ondaland?
different story?still buys showing as sells.I`m very confident we will see a big move north this week,imo.Buy if you can.
always a good indicators....should increase next sessions,imo.This should be above 1.2p ,not 0.67p!(nearly half it`s value).Only Ondaland is worth 2p!
Totally correct,Rachelsdad....and i think should start climbing again by next week....we are due more than 1 update,imo
to court....i think november and start of december will clear all matters(ondaland inc).very strange that no buyers at 0.67p....ah,of course they will come in at 0.9p.....
. I look forward to the continuing news flow from the remainder of the KL3 test and the final KL4 EWT."...Tomorrow?
returning...
either someone taking a micky or for sure mms are communicating between each others....3 silly trades in a row,come on!
It seems strange,to me,that nobody is discussing the effect that brexit could have on CLP`s value.....afterall all assets are prized in euros then transferred to £(well penny,for the moment)....Also strange that the company is not mentioning anything about it.A £ devalued could have a very positive effect on our sp(even i i still prefer that brexit will never materialise)...
we are only 2 weeks away from court`s date,it is very quiet...and still possible to buy below 0.7p!
are very clever and they will know the way is going...i presume they will start raising it in anticipation this week....they are usually ahead of news by a couple of weeks...the only way to stop this games is to suspend it and return it higher...
i think LA started the buying in....maybe this time it will keep them above 1.5p?
ditto
spary1,i agree but the mms are watching so getting 4 mills will not be easy and they will up the ask pretty fast.Only way is buying in chunks starting this low(doubt very much will be possible to buy below 0.6p).Tomorrow also is a good day for rns....
well,LA,i bet as soon you will see that 1vs3 change to 2vs2 ,you will be in like a hawk!...(no idea why buyers are so indecided at this sp)...
very well summed up,RKB, and end game is very near,now.Very strange that all the "rampers" that were here they were saying that if it was going back to 0.7p they were buying massevely in....you really can see who is a "ramper" and who holds firmly,whatever the sp fluctuations....Holding strong and waiting for my Xmas presents...