Member Info for NAV_Mike

Well for whatever reason, the AT boys are determinedly going after the bid today.

Whether its in reaction to the PH target change, or other nefarious reasons, SEE just cant build any sort of upward momentum it seems

Looks like the bot was squished by the single large AT trade for 276k. Oh well, irritating distraction over - back to zzzzz

We have an AT bot selling £27 of shares every 40 seconds or so.

How is that a remotely efficient way to do things or does it serve a different purpose by constantly tapping away at the bid price when trades are otherwise quiet

ab

fair enough then - i was out this morning and shouldnt have relied on the trade data (which tbh looked pretty black and white)

sentiment seems to be on its **** currently, and given weve had the good news we were waiting on, what can we do?

Would be nice if we had a clue who this 'industry partner' is.

Suffice to say, if they struggle to come up with $1.4m its hard to see how they could progress our licence via any deal?

Well we are down another 2p on what looks like evenly matched buys and sells (dont see too many in the wrong column).

Everything was fine until around 10:30 when we got about 130k of sells over 2 hours which took 2.5p off the price. Needless to say, when a corresponding batch of buys came in, the price barely budged.

Somebody or parties unknown want this trending lower. I prefer to believe its driven by brokers stocking up, rather than 'dark forces' but I say again, Ive never seen good news so sharply reacted to in the opposite direction.

Juding by the number of large (for ORCA) round number sales, I would say its more likely to be Woodland Capital continuing to exit their position. Trouble is, as they are under 3% we wont know how many they have to go

SOG

I wholeheartedly agree. There is a clear agenda here to create negative sentiment when then feeds through into more selling and lower prices.

Im no way of member of £2 soon cult, however the way this tidal wave of negativity has eruted suggests to me that this whole thing is being orchestrated

From 50p to 33p in a week when data was released and it is was overwhelmingly positivie. Suddenly "low 20s" suddenly get casually dropped into chat.

Give people summat to worry about over the weekend eh. My god AIM is a cesspool

Would have been good to see a RNS confirming that the Shell loan had been dealt with. After all, we were told by management that an extension had been granted until today

Oh well, heres to Monday....

....and oh yeah, how come our gains were taken away in the last half hour?

Im convinced that there are some serious games being played at the moment. I dont think Ive ever seen such an apparent seismic sentiment change following release of really good news?

Within 48 hours of release, all the talk was suddenly of funding, and of course there was going to be a dilutive solution.....jeez wept. Since when was a fundraise needed so urgently that no time could be allowed to digest the test data and seek a partner

This is AIM and this doesnt sit right at all

Sorry but your "Completely reduced to 0!" would be likely to mislead people who dont understand the way short reporting works

As we both know there are probably a multitude of short funds operating below the 0.5% level. They dont do it for fun!

Anyway, I guess its just semantics so best leave it there

Having seen the way shareholders got played by PH and RF Im mighty suspicious that this have been an orchestrated move.

Dont let the good news take root, sow a few seeds that money in the bank isnt sufficient, then sit back and rake in money from a short.

Were people seriously expecting a multi-million pound deal to be announced? Money in the bank hasnt suddenly evaporated, so this wave of selling is either people getting very windy very quick or someything more sinister

I just dont see SAR doing a funsdaise when they have money and still havent published the full results

However this is AIM so maybe some people are in the know....certainly not us lol

Look Im happy that shorts are reducing but please get your facts right

Shorts are not zero, it just means there are no disclosabe positions over .5%

If you scroll down that web page you will see that Capital & GLG still both have 0.49% (along with others i suspect).

At that level of holding they can operate 'under the radar' so to speak

I dont personally think people have thought that deeply about cash resources etc. I think theyve seen the long awaited good news has failed to produce a stellar rise, and taken profits

Eventually this becomes a snowball effect, as people see the selling and bail out as well

Next couple of days may give a better reflection of what people think of Sareum's prospects.

The abnormal 4p spread is very unusual

Judging by the gaps in the buy volume column, there are some larger buy trades that are late coming through....

46k around 9am and 34k a few mins later

MM tricks or just the dumb reporting rules?

With respect BB, theres been a recent fund raise at 10p so there are people able to take a near 400% profit.

Also the really short termers have seen this rise 12p in two days. Plenty wont care about the story, just take their profit and move on.

If you beleive the share analysis this morning, only 135k shares bought this morning.....yeah right

Traders taking profits thats all (aka sell on news brigade)

Hopefully the overall investment timeframe is longer than the 18 mins the marker has been open lol

Lets see what tricks the MMs have to pull to try and keep this one under their control.....

Methinks they are going to struggle

Agreed DM....it looks like the city is losing faith with SEE as the price drifts relentlessly lower

Only this management could drown the great Caterpillar news with a crappy trading update. Why combine them? At least give the share price chance to rise ffs

Share price touched 4.2p bid this afternoon the AT boys have been busy. They cant just wait for the next KPIs and watch continued shareholder erosion