RE: Valuation4 Jun 2020 14:22
Interzone. I think a more realistic assumption is someone agreed to sell millions n minions of shares when the sp was higher , hence agreeing a bottom price along the way with achieving slightly higher prices as pi get sucked in to buying when all along someone was selling. I don’t agree that something more is happening, I believe the mms are just loading up stock and that nobody else has stepped in to buy the shares hence the continuous regular daily declines irrelevant to what the market does on the day. Also the lack of director buying is very annoying and worrying but maybe they just broke and don’t have the personal £££ to invest. Either way something has to give here. I have been moaning for weeks why seplat was not moving and even that dog had gone from 57p to 64p in the last few days and they also Nigerian main assets based. The reason I’m still holding is NOTHING has gone AKs way ever since that suspension ...... let’s hope he gets ONE thing right ..... but time is running out for him.