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5 transactions today selling 700,000 shares. Seems a bit odd if there is an expectation of very good news.
It's not like these are generating 70k or 700k but relatively small amounts that you might think could be financed in another way
Does this mean following the latest RNS that there are no bonds left to be converted ?
This was the previous one.
MBL has now converted all the Convertible Bonds it has purchased to date under the program, and hold no shares converted from the Facility. The remaining £250,000 of unconverted bonds are held by Atlas Capital Markets LLC.
£48m in buys today
£14m in sells
And the share price only moves 0.05p
Forgive my lack of knowledge but
Every sale needs a buyer ? Every buyer needs a seller ?
Why so little share price movement with a recorded ratio of around 3.5 buys to sells?
Judging by the pattern of previous increases and if performance allows, will be looking at low 20p yearly dividend in the next full year.
Whether it's M&G or Phoenix, the yields are fantastic. Surely those yields at some point will force the share price higher.......
But .......how many people on this board have bought above 265p for example. If it's no one (may not be the best sample-in the nicest sense) then why would the SP ever get to 300p ?
This seems to be from the school that the share price never moves.
You don't need to be an investing genius to buy on the dip but you do need to do that if you want SP growth. It was 220p recently. 14% return to now on that figure
You perhaps don't want to buy at 260,270,280 which might explain why it rarely kicks on the 300p and above.
Friday saw the SP go from 1.12p to 1.4p before the sell at the end. So 0.28p max.
It was difficult at times to buy on Friday, presumably if the same continues,only need a couple more 0.28 days and 2p possible by the end of next week? New tax year as well.
It must put off the day traders if it is difficult to make immediate trades ?
Corbyn slowroll.......he won't be a Labour MP going forward. Think labour just a pale shadow of those days.
The response I have seen to today's announcement is that it didn't come with any dates and it perhaps wasn't that green.
As someone who owned itm when it was 5 pound odd, wish current holders all the best. After watching an episode of Harry's farm and the move to hydrogen by JCB, staggering to see the share price as it is, I thought this was a no brainer. Gla
I'm sure others more up to speed on what battery recycling means in reality but this seemed to explain the process in simple terms
https://www.euronews.com/green/2023/03/23/this-company-has-come-up-with-a-cutting-edge-way-to-recycle-ev-batteries