Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
1. As I speculated earlier, Woodland Capital still reducing imho (selling on news?)
2. The licence award while good news, only gives future potential. Markets want cold hard ££ it seems these days
Excellent news confirmed today, but I think the price is being constrained by (probably) Woodland Capital continuing to sell their position down
Last holdings RNS stated they were below 3% so we wont be able to track them further, but theres been a few largish blocks over the last couple of days which I would suspect is them
Looks like we are mucked about with by MMs....
Marked up the other day for no apparent reason other to give RF a better sale price
Marked back down this morning for no apparent reason. If its a tree shake then its not worked
Have we got to wait for the hot money to depart before the next up move can begin? (Are T10s and 20s still a thing?)
At the moment, it feels like every morning without news sees a few more head for the exit. Volume today didnt even reach a million, yet the price was still walked down 1.75p
I would hazard a guess that they forward sold a good portion of the shares, knowing they could they cover with the shares to be issuedo them. This imho accounted for much of the steepest recent drop. However as the price got down to absurdley low levels, they moderated it somewhat as the profit margins werent as good.
All theory of course....we will never know
I must admit im concerned about the sheer number of AT trades hitting the bid - we are doing well to hold up against them
I cant see the purpose of that Bot today? selling 1400 odd every 40 seconds when its easy to sell in size if you want to
So another good market day that we appear to be missin out on. FTSE has run to an all time high but HBR just gradually drops
Perhaps nudging 300 the other week gave the price a nosebleed - at least we are holding 280 (290 pre-divi). Hopefully the run up to results will generate some interest
Topped up again this morning. Only 10k but gets me to 50k with an 11p average
Into the bottom drawer they go, but happy to wait as the company has delivered all that it promised so far. May have to wait a while for next round of fireworks but thats okay
Well the fact is there is little or no support to the price. I thought last week it was building a base around 4.25 but that appears to have gone today
Fact is, every day the AT boys are hitting the bid on the SET book and shortly after the offer price follows. There is very litttle pushback against this. Who exactly are pushing the AT trades I guess we wont know
I remain of the view that SEE will come good but loss making shares that burn cash are not exactly flavour of the month. We need to convince the market that SEE are going to reach stability
Aye as the delayed trades start showing up, its clear there was strong follow through buying at the start (RF related?), but now weve had a real wave of what looks like trader/PI profit taking
I would be perfectly happy to close around these levels on a day when the market has got the squits about war in the middle east
Well a higher proportion of recent trading has beem of the AT variety, suggesting your average PI is not behind the move
The last few days have had pretty strong momentum but hopefully we can build a base around here if the selling isnt too persistent
We certainly need some positive news.....preferably not of the PM jam tomorrow variety