RE: Institutional investor26 Jul 2021 10:01
Metalhead, it's a best guess algo. There is no such thing as buy or sells, only trades. Trades that places like LSE interpret. All the blue and red stuff is just a mid point between buy and ask at the time of trade execution, depending on when the trade is published and the mid price at the time determines what LSE says it is. Stupid system rife for abuse but it is what it is and why you get people saying my buy is a sell!
Mafs, speak for yourself. Nigh on 2 years of being here and all I have to show for it is stress and dilution. As for II's. People in EUA were clamouring for IIs to get aboard, now they cannot wait to see the back of blackrock and their, ahem, possible shenanigans. Then look at UFO and note how their shock placing has killed the sp for months now despite good news and drills in the ground.
I am seriously unhappy with A, timing of placement. B, no naming of II and C. No primary bid for us PI's to help fund our investment. The CEO, unless he pulls a rabbit out of his hat in the next month (labs are still delayed in Oz, bear that in mind) I am writing him off as good for my portfolio. Almost feels like this rise to above 1p has once again been used to fund the company in a way that means it will be another 3-6 months before I see even paper profits again.
Fine if you already have money in life but this part time zero hour min wage burger flipper cannot help but feel they been shafted like I was on that dodgey Niel Kinnock show except it's David Price doing the shafting.
Oh and D, no insinuation by DP that there is material news coming that will justify kicking all PI's in the PF to get a chunk of money. And no, fast tracking drill programs does not count. Delayed results are all but 100% certain. So we have gone from speculating on what Copperdome results can do to us to wondering when we will see above 1p again. Verily, fantastic news....
Guess it's back to averaging down, the one silver lining to this fecal show. Oh wait, I'm totally skint. Great.