Member Info for ojls

I sincerely hope this is finally the start of a permanent return towards £1. Its seems every time an RNS lands we see a glimmer of hope only to be disappointed with a slide back into the 60p mark.

Nice rise and consolidation is doing long term holders a big favour. It essentially stops the arse falling out of the share price in the next few days if there is a little shake.
Hold for Gold! (Cannacord 15p target looking rather underweight right now)

We wont be getting an RNS until the meeting is finished IMO. Although today's planning meeting is a box ticking exercise the BoD wont want to send anything out until the decision is absolutely final.
Its a great time to buy and simply wait for the RNS to land for a potential multibag.

As ever, nothing is guaranteed but take a look at RNS's and the BoD's intended course of action over the next few weeks. There really isn't any good reason to sell at this stage given the significant impact the RTO confirmation would have on the SP. I am conservative with a target price of 3p but have seen many others intending to hold out for double figures (last achieved in 2018).

Pop - > Straight back to 1p
The low free float works both ways. The MM's scour the depths to pull in some cheap shares and then move them on at a 20% margin within hours.
If the herd arrive and start buying decent volume this will be an instant multi-bag as there are very few sellers willing to part with any volume below 1.40p.

Who on earth bins their shares off on that spread (.71 sell at nearly 17% discount on open price). madness!
If RTO info lands in the next few weeks the SP could double/triple in a couple of trading sessions. (Look at MTFB - Yes its part of the pharma bubble but RTO rumours have helped the SP climb 400% plus in a few short weeks)

Today's RNS certainly changed the pace of buying/selling.
I'm not sure whether RGM need the cash or there is some dodgy information being shared between the organizations.
It would certainly sting for RGM holders if the RTO proceeds and they miss out on a significant rise.

I'm quietly hoping we get an update regarding the RTO next week that gives the SP a kick up the bum and forces the MM's to bring the spread back to a more normal level. They are making it genuinely unattractive to buy at the moment, which I guess could mean something is afoot.

Mm's clearly trying to slow down buyers and extract shares from retail holders on the cheap before news.

JP are potentially continuing to sell which is not helping us here but the drop over the last few days is completely disconnected to what is happening in the real world. The big builders are bringing their full workforce(s) back into action and using up stock previously provided by SIG, thus more orders will be coming in every day as the building firms complete on projects agreed prior to covid19.

SP touched 1.40 yesterday so no reason why it cant do the same if not more today once the MM's have had there fill.
Lots of low value trades so far today including retail holders willing to take .82 for £200 worth (Why bother!)
As i said earlier, look at yesterdays pattern, pretty much identical so far.

Similar to yesterday. Draw the sellers out early on and let the SP rise into the afternoon.

Someone is loading up. MM's showing a wall of sells for the past hour and the SP has barely dropped. Either they are hiding the buys or someone has agreed to take a decent number of shares and the MM's are simply harvesting.

Compared to most aim entities the placing didnt really do that much damage to the SP. The over subscription if anything shows confidence that decent returns are not far away. Pre placing there were target prices floating around of 30p+ which IMO is still achievable within a month or two.

I really don't get why folk feel the need to declare they have sold and then suggest another share (that is currently going down!)
UEX need to sort the issue regarding the director lending to a "charity" at mates rates but beyond that we have offers for the loan book that would see a return to current holders in the region of +90% of todays SP. Its simply a case of holding for the next RNS which I cant imagine will be far away.

Google showing no trades since 9:03 and I cant buy a single share. Have the MM's gone home for the day!

With the planning decision due on the 20th there is not much sense in selling at this level. Potential to make 3 times the SP in a matter of days if you can hold for a week.

Today's SP movement matters very little in the grand scheme. Provided the planning decision goes the right way next week then we will see multiples of today's price in a flash.
My betting is that Shell and BP know what is going to happen and are therefore confident to be handing over significant sums.

Its been wall to wall buys all morning. MM's are doing a reasonable job of stopping the SP from straight-lining up. I don't often give MM's any credit but a stunted rise is far better in the long run as it avoids any potential for a drop back later in the week.

No. But they can hammer the stops if the end price of the auction is low enough for them to catch a few shares on the cheap.
Bit of a weird drop out of nothing really. MM's possibly short of shares and needed to create a bit of selling.