the mms have plenty...and dont want any more
hence the price dropped back
the limits are interesting
i can buy a few mill for 0.1245 (so not 0.10 like yesterday or today)
i can buy 5 mill max at 0.20p
yesterday it was 15 mill at 0.10... that went to 15 mill at 0.15 after a 5 mill buy....
and now its 5 mill at 0.20 and has been since the open.....
so looks like the 15 mill sell was filled although at the moment the mms dont have anopther huge sell order.....
not sure how this relates to MAFL.... its aim and each name dances to its own beat....
PAA has a market cap of 900k - if they sold off the rest of the Singapore Golf asset (85%) for the same price then thats roughly 3 mill quid....so net after the wonga.com and the milkman is paid is possibly 2 mill gbp cash.....
will they go bust? the chairman has loaned the co 450k?? reading the last results they swung from a profit to a loss but they are still going cutting operational costs significantly.....
that all said if sentiment turns here given what nigelk said ie every single seller who wanted out at any price is out then i guess it could move up and given the illiquidity it could swing quite sharply....the would and his wife were piling into TXO yesterday on the dip and PAA for all its warts is not due to be suspended in 10 days....!!! so its still in the game...
looks like maybe a delayed buy to come....
it opened 23-27 and there were a few buys at 27 but then it went 27-34 40 minutes after the last buy....really odd....
can buy at just under 30 now though
yes of course....its not a random punt with some pocket money
100k gbp invested by Nigel Wray..he took a sixth of the placing....and he knows his name is in lights around this....