Member Info for NewKOTB

Also, as it was an UT trade, it is hard to determine the way the auction went as its such a complex algo. Yes the reported price of the completed auction was below the mid-point, but does not always mean it was a sell per se, just the final matching happened at 115p. In our case the max volume is matched and the order is processed and the auction ends. Add into the mix that the 8am opening auction ended and 30 seconds later we went into this auction again. UT's, love them or hate them, only the algo knows the truth.

Either way, the trading pattern is starting to look all too interesting and spicy atm.

aimo.

It is in the context of 'normal' day to day trades we see go through ..... although, 'much larger than normal', may be more suitable.

atb

Massive and very unusual early morning 50,003 share trade and had had little impact on the SP ..... Hummm

Opened, then 30 seconds later, straight into auction for 5 minutes.

Mommur, did we not hit a £1 pre drill ? ..... well, the rest is history as they say. Drilling, oh what fun, market ready to destroy your SP on slightest sign of 'failure', yet at the same time fail to reward success. SQZ switching their strategy, starting with Erskine was a bold move, yet has proven to be the making of the company. Play to your strengths around a negotiating boardroom table is the only way forward. I would hope our virtual boardroom has been pretty busy recently, with Kiosk Kate taking a lead role.... if noting else, it cuts down on tea and biscuits for our hospitality budget too.

atb

Having been with Serica from the Indonesian days, it will be a bitter sweet day when we have to part company.

atb

Why is it taking so long to get the Scheme Document issued ?

Given they entered into an agreement on 29/2/20, you would have thought the 'paperwork' would be virtually ready to go.

Are Viaro anticipating another deal announcement before the 28 days are up ....

And this is when the rest of the worlds demand on Chinese goods is at a recent global low ... what will happen when demand returns ! This of course does not include China itself or their B&R objectives.

"Given ex-China weakness, we see potential for China to have been 60-70% of global metals demand in June – never before have we seen one country so dominant, though with ex-China recovery we expect this trend to reverse in Q3....." Lets see shall we, my guess is, not much will have changed.

TSC,

They are one and the same afaik now, NEX (NEX) trading exchange has been to be renamed Aquis (AQSE) via acquisition. I think the confusion is they are yet to fully amalgamate their client platforms. So yes, yesterday SQZ trades appeared on AQSE, yet today they were reported on the NEX exchange.

Hope that helps.

Have a good w/e

atb

Great close on what was a soft day for O&G and Ftse

Decent amount of trades going through on NEX too.

Yep, 130p resistance of rising channel we fell out of due to NED selling down. Nice buying once US/Canada opened too.

PS ..... TSC, "Looking fruity" ..... LOL

Did my bit for the cause at 119.7p ... :-)

MTS,

Not sure they are ignoring it, more like running her up ready to take her down, bigger swing bigger profits for them, whilst sucking in newbie traders and investors imo.

Ex,

" there's someone else (COIDIC) now doing the heavy lifting on all the associated infrastructure issues/headaches..." exactly. that's what caught my eye on first reading.

atb

"Glencore has cleared a key hurdle in its ambition to become an iron ore miner, reaching a preliminary deal with the west African country of Mauritania for a $1bn contract for access to railway and port facilities..."

Come on Glenda, lets be havin u..... its been 6 years now !

https://republicofmining.com/2014/03/31/glencore-closer-to-iron-ore-ambition-by-katrina-manson-and-javier-blas-financial-times-march-30-2014/

Would like to see RNS drop with real news to back up any rise, don't even mind if there is a leak now letting in 'Johnny Come Lately' gang, just get the SP moving and ZIOP sold ... not sure what we need to break and hold, think it was around 13-14p.

Until then .... nothing to see here ... move along please !

atb

NT to buy and sell atm .....

Not so sure ... morning spread was large again today as it was yesterday, to the upside. ATM they are offering below the bid on advertised spread. Yesterday, loads of silly bitty BoT trades, one and two digit trades. Think they may walk her down again today see who will cave.

atb

Muckle,

Just to make myself clear, divi payment will happen, regardless. Yes, trading pattern and algo's very similar too imo