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Nasdaq looking perky, will be reflected here this afternoon.

It's dropping because the Nasdaq futures have plummeted in the last hour. It's very highly correlated. If the nasdaq firms up the support here will hold and this will bounce this afternoon. Very simple.

In the absence of news I suspect once again the price movement reflects the movement in the oil price.

So who's gonna own up to having a £8 average and finally throwing in the towel at 32p? :)

The rally on the US futures has run out of steam, hence the pause here. Really is heavily influenced by the Nasdaq in particular. A positive day across the pond should get this heading back towards 48p, though needs to hold 40...

40p is the resistance and that's where I'm interested in going long for a trade. Needs the wider market to pick up to push it over.

Completely agree JP, I've been in this share nearly two years now with a considerable holding. It was the relative security of the KCB asset which has kept me invested despite the share price decline. Given the struggles in the KSZ to date, I and imagine others won't be able to continue to hold in such an unpredictable environment. It will be extremely destructive to KAV to split these out.

Rightly or wrongly the share price is highly correlated with the spot oil price at the moment. Oil's been heavily sold off this week which is reflected here.

Fair enough Setanta1, point taken. Tight spread today though.

The spread is quite tight today hence the confusion. Usually a good sign that the MM's are seeing plenty of liquidity.

Yes my buy at 11:08 at 5.52p is showing as a sell.

I've added again here, the completion of this transaction is a key part of the puzzle and a significant asset. The progress is being represented in the share price consolidating in a tight range ready to push through 6p. There's good support at 5.5p too.

Yep, never going to complain about directors buying shares in the market!

CMRS up 92% again today. God knows what's happening.

This must be insider buying surely? Can't imagine retail would be piling in like this with the news released in the public domain?

Cup and handle forming on the daily chart with a bullish doji reversal candle at the base of the handle. Setup looks very good.

dvharrison your jealousy in that 100%+ move here was very clear. Your horse isn't looking too clever either right now..

It's in all our interests for them to work this out.

Why £5m? And how on earth would CMRS fund that? At the moment they're saying BZT owe them! It's a mess for both companies at the moment. We urgently need clarification.

Hopefully you're right aprogerson, certainly easier to take an optimistic view when you're not sitting on a 90% loss (for which I accept I only have myself to blame).

BZT shareholders will want to read CMRS's Interim's relaeased today.