Member Info for NewKOTB

I would guess we have a background buyer today with order to fill.

aimo & dyor

"you're acting just like the schoolyard bullies gang..." aka Trump'ets

4 Days of Negotiations will be had whilst the markets are closed, god only knows what RNS might arrive on the re-open, Tuesday 22nd, will shorter worry, probably not as they are well in profit and losing circa 12p/s would not make much difference. They will probably close-out some but no where near all.

aimo & dyor

Let Martin Lewis have this information, I think he may well be shocked and most probably will factcheck it and release it, not to mention become a mainstay on his TV show as to why UK energy is so expensive !

A £20m buy would have moved the dial … it didn’t hence my view of yet another share shuffle. I do also agree they could be buys but these share shuffles have been occurring on a regular basis ie matched trades.

Aimo & dyor

Transaction was at ~2.5p above mid-point. Don't think it was a buy but yet another share shuffle.

aimo & dyor

"Institutions will most likely reject and Sidara will likely return with 45p.."

That will only happen if Wood presents a viable plan to get us out of this mess asap, without it I'm afraid 35p/s could be the best we are able to manage.

aimo & dyor

Full-on co-ordinated short attack at opening, slight recovery during day that held well throughout the day, then followed by short attack into close, they have full control atm.

aimo & dyor

Not a problem if they do, will still be yielding more (currently ~14%) than almost every other FTSE 250 company, 20% cut would still be ~11% yield. We will find out sometime in Aug, longtime in world events atm so anything can change between now and then. FWIW, I think they will need to try and hold it at all cost.

aimo & dyor

Marshall Wace et al probably working together to get their last bit of juice before closing out, could well see us bounce significantly before end of play tomorrow.

aimo & dyor

Looking at trades, appears to be PI's panic selling imo.

Looking more likely Trump will go after Iran soon, if so WTI/Brent will climb significantly.

aimo & dyor

We need circa £200m cash injection so by default more than double our shares in issue so halving our SP , as much as I want us to dig ourselves out of this mess it would mean being locked into this share for many years without any guarantee of being able to rescue the company.

"I will take what ever the market will give on Thursday or Friday..." you'll be lucky, check your calendar !!

Don't think it will take our board long to make a decision, unless there is already talks with another interested party ?

Could be over by end of the week .

aimo & dyor

Well, that didn't take long after I posted, just less than 24 hours, lol : "Shipments en route and landing over next week or two with new tariffs will raise concerns faster that most will think. The electronic's and rare earth components needed for US tech will be hard hit...".

"In a US customs messaging note quietly slipped out in the early hours of Saturday, a series of numbers were listed as exempt from the 125% tariff on goods entering the country from China.

The code "8517.13.00.00" means very little to most of the world, but in the US customs list it represents smartphones.

The inclusion meant the number one Chinese export to America by value last year was exempted from the import taxes, alongside other electronic devices and components, including semiconductors, solar cells and memory cards...."

https://www.bbc.co.uk/news/articles/cde2z6jpzp8o

Trump just thinks he can do what he want without any fallout, how wrong is he ! He's making Keir Starmer and his crew look professional !

aimo & dyor

There's no one accruing shares afaic, volume way, way too low, would take years to gain any holding that's worthwhile. If anything we are being drip feed to drop the SP in order for a mgt buy out backed by our newly acquired 'investors' who will then flip Zanaga when the time is right.

We need to see at very least a stop to this persistent drip, drip of our SP.

aimo & dyor

Yep, daily trickle down continues unabated ! Down further 2% today.

At least we know who's been accumulating and probably behind the 'management' of our SP too.

As expected, just as the UK hit 4:30pm, the US markets along with WTI/Brent almost instantly done a Trump and made a 'U' turn from negative to climb significantly +ve. Problem is, when Monday comes the FTSE gains we are seeing now +1.4%, WTI +2.0 will have no doubt have been lost again.

aimo & dyor