Member Info for Numbers

Agazzis, I'm just a PI and cannot give you advice. My point is the bid/offer spread isn't quite as bad as the numbers would suggest. You can buy for less and sell for more...

I bought into HE1 at 0.92p and I have a limit sell set for somewhere over 1.1p. I do trade shares where the price fluctuates rapidly to grab a quick 10% ish profit. Sadly HE1 hasn't really played ball over the past few months...

I've been in and out of quite a few volatile shares in the past week as I try to look for patterns and buy towards what I think the low point is and sell at towards the high point. I buy shares that I'm happy to hold the shares if I don't see a big enough profit within a week or 2. I don't take the profit out of my account - I just buy greater quantities of shares that I want to trade (or keep).

Sorry under 1.04p to buy and roughly 1.02p to sell...

Although it says 1.05p to buy, most people can buy for 1.32-1.35p. Similarly although it quotes 1.1p to sell people are getting close to 1.2p. Are you wanting to invest in HE1 or trade it?

Snorlax - "These people want your money and to make you new bag holders!!"

What type of bag is that? LV, Chanel or Versace perhaps... :-)

IMO HE1 could give patient shareholders another type of bag, but you have to invested to get it!

The big rise was yesterday and the majority of PIs have already bought in. Look at the recent transactions - the auto ones are being executed rather than ordinary transactions now. The institutions are doing these...

Have some patience and the price should start moving up again once the institutions have taken their positions.

The 8.3 and 8.5 forms are submitted by the big buyers/sellers the day after the transaction. The Morgan Stanley shows both increasing long and increasing short positions. They were probably initially increasing their short position until the RNS about the Sidara announcement. They then probably switched to increasing their long position and reducing their short position.

Marathon buying a 4.06% stake is a good sign and it will be interesting to see how other institutions will be trading over this week. The only thing is we only get the RNS a day after the significant trade.

There are lots of auto transactions for small amounts that are probably institutions buying and selling. Each transaction isn't significant but they must add up over the course of the day.

3 big trades totalling almost 900,000 shares executed around lunchtime came in after hours. Not marked as buys or sells. Could be 1 sell and 2 buys. May get a TR1 RNS tomorrow if executed by Blackrock or another II.

I've bought and sold LUCE a few times and always made money. I've never bought at the exact bottom or held long enough to get anywhere near the peak but taking a reasonable profit is better than sitting on a loss. Everything looks good in the short term and the current share price is higher than what Blackrock and the directors paid in the last few months. LUCE still looks like good value now and I wouldn't be surprised if it continues rising to around 200p by May.

Share price volatility is a problem though - LUCE almost hit 500p in August 2021. It is currently under a third of the peak price right now. What drove the price up in 2021? I wasn't following LUCE at that time, as I sold out at below 200p in 2020 and took what I thought was a good profit at the time, but the price kept rising and I didn't get a chance to buy in again at 200p or below.

The directors and senior managers have been buying additional shares in Luceco since the Q3 2024 update.

James Hall bought 25K shares at 141p and 8K shares at 132p and 42K shares at 130p

Judith Hoy bought 38K shares at 135p

Pim Vervaat bought 50K shares at 132p

Blackrock increased their holding from 11.05% to 12.79% on 31/10/24 and from 12.79% to 13.19% on 11/12/24. That is an almost 20% increase in their Luceco holdings.

LUCE was around 145p on 24/10/24 when the fairly positive trading update was released and has since dropped to around 130p to buy. This was a buy signal for me and I bought in at 130p. Hopefully the price has bottomed and the price will take off in 2025!

I thought I'd hit the jackpot, as my ii account is showing a HUGE profit. Pity they haven't divided the amount of shares in my account by 400 yet! :-(

Price has nudged up a bit - buyer paying 2.14p now...

Toffers, the lower rate CGT hike is even worse than you are saying. Paying 18% rather than 10% means an 80% increase in CGT! The higher rate payable of 24% rather than 20% means a 20% increase in higher rate CGT.

Until concrete news, this share price is being driven by the marketmakers and sentiment. In the past 3 trading days sells have exceeded buys. This isn't that surprising, as day traders have bought below 1p and are banking their 20% or so profit.

I don't think the price will go much below 1.1p, as more buyers will start piling in if the share falls nearer to the psychological 1p barrier. I think this share is more likely to hit 1.8p than visit 0.8p again...but I'm not expecting big percentage moves without an RNS.

Todays RNS is rather interesting. I've never before seen a company proposing doing a raise where the issue price (0.12p) is higher than the current trading price! The perk is having warrants that can be exercised at a later date at 0.18p, assuming that the company will take off within the next 2 years.

DGI have reduced cash burn with some directors leaving and others taking only 75% of their salary in cash. It is good to see that the directors are increasing the price of their future warrants, which means they are confident the value of the company will be much higher in the next few years than it currently is.

If somebody had a quick glance at the trading figures and share price, they would see EUA apparently finishing at 4p and sells exceeded buys today:
# Trades 76
Vol. Sold 980,316
Sold Value £43,868.77
Vol. Bought 861,054
Bought Value £39,635.92

Definitely not a good end to the week...
Except, the 2 largest transactions today were:
09-Dec-22 10:42:36 5.00 800,000 Unknown* 40.00k O
09-Dec-22 10:42:35 4.99 800,000 Unknown* 39.92k O
These 2 transactions are marked as "unknown" as the LSE algorythm couldn't work out if they were a buy or a sell! My guess is somebody paid the full ask to buy £80K worth of EUA shares today, yet they haven't been counted in the LSE buys and sells...

All the doom mongers will be out over the weekend attempting to convince the investors that EUA isn't worth investing in, but somebody has just snagged £80K worth of shares at 5p and this transaction hasn't even been counted in the daily stats!

Move along now, nothing to see here! :-)

There have been 6 2,000,000 purchases in under 1 hour. Possibly the same buyer and each time the transaction price has risen...

01-Dec-22 13:19:37 0.4888 2,000,000 Buy* 9,776 O
01-Dec-22 13:14:48 0.489 2,000,000 Buy* 9,780 O
01-Dec-22 13:05:23 0.477 2,000,000 Buy* 9,540 O
01-Dec-22 12:47:48 0.479 2,000,000 Buy* 9,580 O
01-Dec-22 12:38:04 0.468 2,000,000 Buy* 9,360 O
01-Dec-22 12:37:36 0.465 2,000,000 Buy* 9,300 O

Somebody managed to snag 3,000,000 for just under 0.5p.

01-Dec-22 13:30:42 0.497 3,000,000 Buy* 14.91k O

I cannot imagine there will be many sells at 0.5p, so hopefully the price will continue rising...

Mahatma60 - OUCH!! My entire portfolio isn't even 10% of that! My biggest loss was over £3K when my 1st AIM share went bust...

It must be difficult to stay sane when being so far underwater, but EUA have lots of in demand metal in the ground and demand is only likely to increase in the near future IMO. Our patience will pay off...eventually.

I first bought EUA in late 2019 and have been trading them when the price was more volatile. I've always sold EUA sgares for more than the price that I bought them and banked anywhere between 10% and 50% profit. Lowest price buy was low 2's and lowest sell around 3p. Highest buy at 32p and sell at 37p. It was fairly easy to trade EUA and make a profit when the price was climbing.

My last buy was at 9p and I optimistically had a limit sell of 13.7p which wasn't achieved. Last month I sold around 40% of my holding at 5p and took my first loss on EUA, mainly because I felt I could buy other shares that could make money short-term and may have the opportunity to buy more EUA shares in the future. The trading account says my EUA average price paid is around 7p, although I'm on a free ride.

I still think EUA will be sold, although the timescales are uncertain. In the meantime I'm trying to make some profit, as most of my holdings are currently negative.

EUA has dropped by just over 10% since I sold. I bought 2 shares - the 1st is up 30% and the 2nd is unchanged.

I suspect that Japan is still involved in negotiations, even though it isn't part of BRICS. Tamerlan Abdikeev is a N-E director and Kotaro Kosaka as an independent N-E director on the board.

IMO Japan are still negotiating but want to keep talks discreet now as they don't want to give the USA an excuse to start trading restrictions with them like they've done with China.

It looks like 10.00p to 10.14p should be sells and anything above about 10.15p is a buy today. The 10p bid and 11p ask quoted on LSE gives a 10% spread, but the actual spread is much tighter than this when doing a trade. Not many people over the past week have paid over 10.5p this week, so it looks like there are much sells than buys on LSE. They assume any trade below the midpoint is a sell and above is a buy.

The good part is Troy has worked at Anglo American. The bad bit is he was involved with Sirius dealing with financing and we know what happened there...