Member Info for MurdoMcSponge

I will never understand how this market activity works. circa 5p up then 10p down. Seems odd/manipulative to me.

Thank you very much esduk. Have a great Christmas.

Thanks VERY much esduk. I'm afraid I'm not much clearer about what it all means. However I appreciate you attempt to enlighten me. What does "UT" stand for? Whatever the upshot of all this is, I don't care as long as MKA keeps going up! I guess I'm a classic ignorant punter. But at my average cost of my MKA holding is 16p and I've got circa 125 thousand of them. Not so bad! Could have a cautious glass of plonk to celebrate, except I don't drink!

Cheers and Happy Xmas

Thanks very much esduk. I'm afraid I'm not much clearer about what it all means.

The whole system seems completely nuts to me. According to ADFN, over 500,000 shares traded at close. Price closed at circa an alleged 53p though the last trade was apparently at 49.67p. What on earth does it all mean? Completely bonkers as far as I can see.

You may be right. I was looking at the TSX. Apologies,

You must be joking - on only 500 shares! That's not a serious movement.

I'm 82 and I'm not selling!!

Sorry. A quarter of a million.....

I saw that, then it was suddenly removed/disappeared. What's the point of these sites if the data is so manipulated? How can three quarters of a million shares just disappear?

I don't understand why circa 2.5 million share have just gone through, time stamped at 17.35 and unknown as to whether it is a Buy or Sell. How can the turnover be so - is "erratic" the word? Price 32p. Sorry about my ignorance.

Elcap That's a great explanation for this very old warrior. Never too old to learn!!

Thanks esduk. That makes sense to me. Cheers.

Thanks Esduk. Still none the wiser, but appreciate your effort to straighten me out.

Every seller is to a buyer -aren't they?

Yours, very confused at how all this works, and I'm only 82!!

Why is everybody selling? I don't understand!

China has, in response to ongoing trade tensions with the US, recently imposed a series of export controls on rare earths. These have had an impact on prices. Tagesschau recently reported that, according to the Bavarian economic association’s monthly commodity price index, the price of several of these metals shot up after the controls. All metals rose by 8% in May. Terbium’s price went up by 18.9%, gadolinium by 16.9%, and Samarium by 5.6%.

The reason this has happened is that China holds an iron grip on these minerals. Close to two thirds of known reserves lie in China, as does 90% of the world’s rare earths refining capacity and production. If you want rare earths, you will almost definitely have to buy them from China, and there is no viable alternative.

I cannot understand the Buy and Sell figures. I am using the "Share Price Inf" on the LSE site: https://uk.advfn.com/p.php?pid=trades&symbol=L^MKA

At the point of writing, the "Buy" side is showing a figure of circa 1.5 million, while the "Sell" side is showing circa 3.7 million - double the "Buy" figure. Given that the Sell side is nearly twice the Buy side, why is the price going up? This appears to be a constant occurrence - either way - in these figures. Is there something which determines, or rather confuses, the difference between Buys and Sells? I would be very grateful if someone could explain this apparent discreapency to me. Is there a site I can join where the figures are better reflected? Many thanks.

What on earth was in the NR that caused an outburst of selling at the opening?

Many thanks Biffa.