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How can this be so different to the LSE?
See my earlier posts.
It is only a matter of time....before the forward sellers need to get the rest of those 360M shares
SP will only be forced up overall this week
what did we tell you....what robbing barstewards
Still strong buying power for this share, make no doubt about it
1.30 to sell and 1.35 to buy.
The thieving bar stewards showing false drop of SP.
And I was one of the people who said 3p-5p this week. Once the SP games are done with after they have robbed the unknowing out their shares, 3p-5p is still on for this week.
I am not falling for the SP games that is for sure.
Gl all
How people are selling at 1.10p when buys are coming in at 1.35p....I will never know
Hold tight!
I see the SP has jumped wildly this morning right up to 2.30p and then swung to 1.10p before its current level of 1.46p to buy
I think this will end up going over 2-3p over the next few days as there is clearly a lot of background buying trying to take place
This could easily open up at 3p depending how quickly those needing the shares back start to paddle.
And I think we could see 5p by midweek as more will realise that circa 360M forward sold shares need to be bought back.
If buy back panic kicks in with after hours trades then this will open around 3p. The other option is a tree shake then a mark up but I just do not see anything other than a strong opening as the news is out.....
Exciting times on Monday.
Bingo Bango Bongooooooooooooooooo
You heard it first here!
chit is about to go off......
...The SP could go ballistic next week. Could we get a 3p or 4p opening on Monday once this story gets out on what has gone on and understand the impact?
As there is a stack of shares that still need to be bought back by those who forward sold based on what another poster mentioned earlier.
I left my laptop off after buying two blocks of this share
I am not interested in fluctuations today.
I want to see how this one plays out next week as it intensifies for those who need to buy back their shares attempt to do so.
Anyone who sells out at these levels irrespective of this being a multi bagger or not is pretty mad.
Reason being, this is a classic punt where you stick what you can afford to lose in and then let it play out.
If this goes on to multi bag 10x 20 x or some unexpected news comes out in between all the above playing out you will kick yourselves. I say that because I did the same on a little share called Gulf Key Stone Petroleum.
GKP - Yes I bought in at 14p.....sold out at 12p after the company said no takeover happening. The company then went onto make major oil finds which took the SP to £4-5. That cost me serious money.
So sometimes just let the thing play out until you see some serious movement.
Gl all
Thanks Degsy
I have bought more. Tbh the SP is so low this really is a punt however any movement off these levels can equal multi bagger very easily.
So just taking a punt here.
So we are saying that a number of shares got forward sold based on the placing
Then since the placing got cancelled they need to get the shares back
How do we have a rough idea how many shares were forward sold?
1.15 Bid and 1.20 Offer
On the move
When do we expect an update on these Antigen testing strips
As Medusa are meant to be distributing them next month right?
Were MMs just filling a lower SP order then going back up or a tree shake
They changed the offer price from 1.3 to 1.20 to 1.30 within seconds
Ok thanks jonesrichard
2p would be nice!