Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I,m with you TMT they will dribble them out into rising prices slowly maximising the profit as best they can. They know the potential of this company as good as anybody. my view...
a large number of trades go to a independent data reporting service and not the LSE and trade report on various systems therefore not computing the correct buy/sell indicator. A source of major concern for all.....MM,s have an automatic trade report on every trade they do via thier own internal systems thru the LSE.
There are many Incentive programs out there in major corporates for rewarding people for excellence whether it be options,warrants,or some acronym,shares,all are convertible to the underlying shares and can be sold for the reward on the open market. The higher up the company ladder you are the more difficult it is to sell them as the compliance windows are tighter because you have more inside knowledge of the company. It is normal ..............gla
no share price goes up in a straight line......all the fundamentals are stacking up in the right way ..... you have to split the Pi chatter out from the Broker upgrades which remember they are several drill results behind on recommendations...on a trading point the stock is behaving brilliantly,several behind the scenes buyers I suspect nibbling away and the sellers drying up slowly....gla
agree tmt would not exercise early my thoughts are once the share price has moved well past exercise price you get the choice ... convert sell what you need to and run the balance.. holders choice on how to play it ....
just my view after the conversion of warrants for stock my experience is that you sell whatever the number of shares you need to pay for the warrants (CONVERTED) plus whatever tax requirement is needed and keep the rest if your a believer ....
just a view ......
I would think that is a fair assumption as I am sure the most active mm's in this stock are constantly bidding above market price for their clients and not getting any bites. The adjustment to the nms could well of been requested on that basis. Just my guess.
Hey Paddy Thanks for all you do firstly ....NMS means that when a MM is asked for a quote buy a broker they have to trade in an amount upto 200k so if the order is 150k then the price is at the quote if the order is for 250k the market maker does not haave to trade at the price on the screen and the broker would have to ask for a price that is bigger tha the market size..so by narrowing the market size the MM,s are basically narrowing their risk on the trades
hope that makes sense ...
remember despite peoples thoughts the MM,s are not privy to any news before the market but they can see the order book uo and down and the MM with the biggest order buy/sell will rule the price fluctuations once three or four MM,s have decent size orders then its a supply and demand issue.
I like the way this stock is being worked MM,s playing the waiting game,Institutional buying orders being worked slowly as any selling being moped up with price movements to the downside becoming less and less,at some point soon the buyers will want more stock and the suggested targets mentioned 13,14 15p will bet achieved ....my thoughts as a ex market maker ...i,ve seen it before......good luck all.....