Who knows for sure what they are but if a deal is a normal bargain processed in the normal way then it should not be difficult for it to be marked ' o '..i have been trading for years and mine have always been marked o ..just uncanny that many of the smaller trades go through as AT followed by ordinary trades..most instis use bots for much of their trading although that does not mean that there is no interference from humans..I accept some smaller trades could be brokers selling clients shares to cover fees that are marked AT but more often than not when a number of small trades appear followed by purchases of bigger numbers they are carried out by bots and hence some would class that as manipulation even if it only allows them to get their trades in ahead of the game
But is that not the point Q..the use of autobots and AI gives traders an advantage that through the speed of the equipment can make decisions much quicker than humans to dictate trends..probably why so many trading floors have replaced personnel with computers..the thing is the pi will always be the last to know
lol oil you may have just been airing your frustrations but it is not exactly a one off is it ? as every time I see you have posted I have always been minded to ask you to change your name to Mr Angry ! Probably is of no help to the bb ranting but more importantly your blood pressure !! I am ready with my tin hat on..fire away !!
Think I made the comment not so long ago that Mos was effectively like a tech startup and they continually need financially feeding..however 33% discount hurts and it looks like it is all going to be an uphill struggle for small pis to realize any decent return any time soon..unless of course they get taken out which often is the intention of those at the helm to grow their startups and then sell
I have not read the article in full but it always puts me off when there is a glaring error in the first paragraph as the main purpose of the listing was not as suggested to raise finance , in the first instance anyway
Yep think it was NCM..very exciting time..I was having a clear out the other day and getting rid of all my old share certificates and was amazed at how many times i traded solg shares the lowest buy being 1.18p lol
Haha I remember EricEric well and take great pleasure when in the very early days he derided me for suggesting NM would get a fundraise away at a higher price than the current sp which at the time was circa 3p..lo and behold within a week a deal had been done around 6p !! We could do with another cat out the bag now !
I would suggest it is a combination of things what with the current market turmoil but also aligning us with the upcoming Asx listing ..they need to create a market and there will now be some meat on the bone for investors down under if their price comes up to ours ..around 15% premium..enough to make some sell ?
Will be interesting to see what Monday brings..at the end of the day barring 4.5 m A dollars raised as part of the sell down options no new money is being raised for the company..there are near on 23 million shares that were fully subscribed for at the equivalent of 35p per share and presumably those new holders are generally only going to sell if they go up so given the whole idea of raising our profile and indeed valuation I would like to think we will be comfortably higher than that 35p base in the very near future