Member Info for MyrtleMan

Ha! He has a million to get rid of, he's done by now then.. quite a hit though to his bank balance..

100,000 seller still beating away

There's a wall of shares at 4p that needs to be taken out..

Last time it hit the 3.30p area it was 6.65p four days later..

Lots of chunky buys going through, including 250,000 lifting the offer. need it to head north of 5p again to start to gain some momentum out of these lows..

Only positive to take from it is that someone keeps taking his sells. What do they know on the flip side? They've absorbed over 2m shares in the last few days.. Must be an insti liquidating some of their position. We'll probably find out in the next holding update.

100,000 seller still isn't done..

1.8m volume already today, with some big chunks going through now.. something going on alright..

Depressing action the last few days, looks like there's some bad news coming. 3.01 bid / 3.5 offer, lowest its been. This seller is persistent and continues to push it lower. Someone is buying though, they've just lifted 560K more at around 3.5p. Maybe once this seller has liquidated their position we might start to retrace.

Knew something was going down, whoever was dumping all these shares clearly knew news like this was coming. But I agree, it is a positive story on the face of it, RRB are still committed to a relationship with VLS, are taking 4 reactors and an option to take the full amount in revenue. Just have to wait a little bit longer for it.

On the negative side, was this VLS desperation for cash and willing to bow to only delivering 4 now in exchange for immediate payment of cash?

the 350,000 on Friday couldn't really be classed as small volume though, and the repetitive 50/100,000 sells last week suggests someone is lightening up on their holding.. must have dumped over a million shares in the last two weeks or so very gently. But it has taken the SP down from 5.30 ish to 4.25 ish, a 20% slide. What does this guy know? What news is coming? I'm guessing another fund-raising exercise as they wait on progress in several fronts.

Buyer still holding firm taking the sells. If we started getting some competing buyers this could fly. 5.54p and 6.82p the next levels to watch..

The buyer on the bid is holding firm today, absorbing all the sells coming his way.. Big buy of 200,000 this morning at the highs, but there has been no need to chase it higher, he can just sit on the bid and take all that comes at him.. Could see him step up in the days to come though and lift this over 6p

Looks like someone is dumping a chunk this afternoon, wonder what he knows. 330,000 shares sold so far in quick succession before the close..

Thar she blows... First time above the 50DMA since June 19. Next target - 6.3p (Sept and Oct Resistance) and then 7.25p (90DMA)

Just got to get past this 5.30 seller, it could be over 7p by the end of the week, it's coiled for a shot higher. 50 DMA is about to pop, should add to momentum (I know, technicals don't mean much on AIM, but just saying...)

Looks like it's been deleted?

Today looks like a technical pullback to test the trendline from the 17p highs which it broke through yesterday for the first time in months. Pull back 20% after a near 100% rally from Friday's lows, test it and carry on the ascent tomorrow towards 7p.

Looks like he's stepped back to 5.00p. Still with a block to sell

Someone sure has a lot of shares to sell at 4.80p, looks like not everyone is as convinced as some of you as to the positivity of the news.