Member Info for Mrgamgee

It does seem that very few sells and they drop the SP quite dramatically, strong buying and they seem relunctant to move it much in the other direction

Patience is required, and not even that much. We WILL get RNS, Listing and MRE in the coming weeks. People panic sell just because it doesnt happen on that day they want it.

Or sell and cut your losses. Im glad I sold this back in December in the 90's!

They are the the market is telling you

Getting rid of the day traders today. Once they are gone to pump and dump another stock we can enjoy a nice rise from here over the coming months.

Shes on the move :-)

I dont think there will be many other oppotunities to get in at this price point (under 11p) so i have made the most of it this morning

No they are not

Its only a joke if your selling. great for buyers.

He is doing the same on the PANR thread. he seems to get off on it

Personally, I dont mind it dropping this side of all the news thats incoming. Ive done a top up at 3.19 for the last few days, and accumulating a nice holding here, whilst is low

I asked chat GPT about the £386k trade yesterday and here was response

Typical SML spread yesterday morning

Around 09:20–09:40 SML was roughly trading:

• Bid: ~3.84p

• Ask: ~3.88p

Your trade

• Price: 3.86p

• Value: £386,000

• Shares: ≈ 10 million shares

What that usually means

3.86p sits almost exactly mid-spread.

On the LSE (especially AIM stocks like SML):

• At the ask → buy

• At the bid → sell

• Mid-price → negotiated cross / worked order

So a 3.86p block that large is most likely:

➡️ A negotiated cross between two parties

➡️ Not a simple market buy or sell

In practice it often means:

• One institution or large holder sold

• A buyer already lined up took the block

• The market maker simply reported the match

Why it appeared this evening

Large AIM trades often show delayed reporting (up to T+1) when:

• It’s off-book

• It’s above the normal market size

• It was a negotiated block

The real takeaway

A £386k matched block near mid-price is generally neutral to slightly bullish, because:

• The seller found a committed buyer at market price

• It didn’t have to be dumped on the bid

⸻

💡 My gut feel:

That trade looks like a position transfer rather than someone panic selling.

Launch the product then dilute the shareholders. Nice

The warrants realeased to the markets on or around Today which explains the drop. Back to business as normal tomorrow I think. I picked up another £6k today, taking advantage of the drop

Baffles me how people would be giving their shares away at this price, given whats coming up in the next few weeks. Each to their own I guess

I think we will plough on though 4p this time. potentially even today by the looks of it :-)

Its not the MMs printing them. Its an automated best guess using the spread at the time of the trade

It’s fine by me. More opportunity to buy at a cheap price before it goes up over the next few weeks

I’m still being offered above the SP to sell

Not much selling today. Most of the grey trades are buys. It will push on further today imo.