Member Info for nastid

a sure fire way to increase the sp by 400% in one day. I'll give this nugget away for a drink or two from Chris and Colin, to celebrate as 3p becomes a thing of the past. Change the company name to Hydrodec Blockchain PLC, or Blockchain Oil PLC, or any name, as long as it has Blockhain added in there somewhere. It's not always about fundamentals, aka why a share is pushed up, or down in this case. The absurdity of a company that changed it's name, only to see the best day of trading since 1996, is a good case in point.

Does seem so

that a company that is confident enough to award two directors options on 30 million shares, is contrary to the idea that it is about to run out of cash. The badly negative optics of such a move, would suggest a bod with a higher level of confidence, or at least more so, than posts found on a number of forums.

on a rip at the moment. Sort of movement that solidifies buyers future purchasing decisions... just need the feedstock to service it.

if I could name another aim share that would have the same large buy vs sell volume, and not move (or keep the small prior retracement). I recall a time when that many shares on the buy side for HYR, would easily shoot the sp up 5p on a day. Oh bitter sweet nostalgia!

Except, not accept.

Accept that currently it's up 14% on the day, ok it may drop back but lets not take every opportunity to talk down any progress. If, and taking this specifically as an 'if', they can remedy the feedstock issue, logically there is no reason this couldn't be a cash generating machine. The business model is there. The ground operation is there. The product is there, and so is the management. That's the sad part, they just can't make enough of the good stuff. We also have the other key element, the improving margins. I've posted a long time ago that margins were historically low, and with the larger output, small changes will have an increasing impact. You can see that happening with the higher revenue against a reduced sales volume. Obviously sourcing feedstock isn't easy or simple, as it wouldn't be a problem. Competition for it is high but with the higher crude price, more feedstock should get unlocked, making that task a little easier. None of this is assured, or deals with cash and current debt quick enough for most but fill those reactors near to theoretical capacity, and watch it churn out cash making Superfine, that garners premium demand.

Their performance does seem at odds with the sp, even accounting for balancesheet considerations We've had the sp pushed down on very small volume, even on buy days. Spreads have suddenly widened on days with no activity to warrant any such change in risk profile, which then looks to all intents and purposes, mistakenly or otherwise, to 'nudge' selling, rather than buying... and when you add the fact that you often get days were buying is restricted but they are happy for you to sell very large quantities... it doesn't always give you the feeling that their is a neutral medium at play here.

I respect your posts but it sounds like your convincing yourself of a decision you made a while ago, which is of course fine but are a contrast to when you were in not that long ago. Their debt setup is not ideal but there are worse things for a company than being held back purely because they can't get stock fast enough to fulfil strong demand for their popular product. The business model has been validated, they still have room to improve, predicated on increasing feedstock. The price may drop back but this is another excellent RNS

following the same pattern. A relatively small round figure trade accepts a large (again relatively speaking) discount on the prevailing price, and the price drops another notch. Seems rather artificial....

at least for me, commenting in the third person, a liberal use of the royal we, and a back story, made an interesting change. The use of CAPS not so.... it's possible to press ctrl and + keys at the same time, in many browsers. to magnify the page. (if it wasn't obvious ctrl and - keys, for the reverse)

Crude up, naphthenic prices up, demand up, Hydrodec down. Even taking into account the work still to be done, it seems ridiculous, about as ridiculous as 'someone' putting in sells for just above 500 shares and below, in the recent past, considering it costs more to action the trade.

I'm not going to predict a price target or whether it will still be pushed down further, as we have seen (even if there are more buys) on very small volume but I have commented about the possible overturning in the oil market. I posted that there are some factors in play that have a long lead time before having an impact. It's possible 2018 might see a crunch in supply, whether it does or by how much, is anyone's guess but if there is an investor trying to get in cheap, I might have that in mind. Now that there is trouble brewing in the traditional hot-spots, the price has started heading up. Even if this is temporary, I imagine it might establish a higher trading range.

@david.l @spindok Good posts. I didn't want to be the one that sounded overly suspicious, as the aim market is a bit like that but I do agree, this is being facilitated for a third party. My concern (and I maybe be mistaken) is that I thought that one of the MMs, is also the broker. Presumably if so, they have a Chinese Wall but in practice, sometimes it's less Wall, more semipermeable membrane.

Who accepts that on such a small transaction size. On a number of occasions there has been a very small transaction, on a relatively large discount to the prevailing price, almost as if it is being setup to be driven down. It's not but feels like it.

although, there is no from date/monitored period, so hard to see what and when things are changing hands, without further digging.

I may be reading this incorrectly but a number of posters suggested that institutionals had no interest in Hydrodec http://quotes.wsj.com/UK/XLON/HYR/company-people Shows the changing position.

is great news, obviously I hope it is part of the market taking more interest, rather than anything that sees the company end up a private concern. This would please some but be sad for those longer term supporters. The crude market is improving with OPEC's help and increasing global demand. Instead of an oversupply, 2018 might turn around and see a crude crunch, as new investment/exploration has been woeful. Even with shale, some non US regions could already be close to max output, so the market might have less slack than reported. If Hydrodec does report a full year of positive EBITDA, then with an improving backdrop, I can't see 2018 being anything other than, a continuation on that trajectory.

It might change things, if the market openly knows what some have had a suspicions of. Knowing there might be a willing buyer, even if there is still a significant seller, will/should change sentiment. Do we know for sure if this was a slow accumulation, or rather a more recent large transaction outside normal market trading, with further info to come?

Certainly explains some of the price action, and something we've discussed here, as the broker/mm will know if there is/was a significant ongoing order to fill. Accumulate stock for the client, whilst picking it up as cheaply as possible.