Member Info for P119

A substantial buy order being filled?

IMO I doubt it. Maybe a mixture of recent purchase in shares now being part sold and panic. Times like these a possible great buying opportunity?

If wrong of course a bad day for all. Depends on your risk tolerance. Good luck to all

Having read a number of suggestions during the past few weeks about so called large sales I must admit was more and more convinced this was an organised sell off by one seller . However there are some very good arguments as to why this is not so.

Firstly it does not make sense. In my view a placing is the way to sell a large holding all or in part. I'm thinking of 10's or even 100's of million shares. Selling now seemingly at any price again does not make sense either.

As has been pointed out in the scheme of things the sales are not huge albeit to a PI may seem so. I think because kod shares are so small in value it is easy to confuse a 'large' share sale when in fact in reality most sales are for a relatively low monetary value.

I have come to the conclusion the seemingly indiscriminate sales at any value are as mentioned by more than one poster, fund managers balancing the books. There has been considerable press coverage recently of major investment outflows from a number of institutions that has caused a substantial reduction in their own share price . As a consequence the fund manager has no option but to liquidate stock. (I am ignoring day traders here albeit will no doubt be responsible for many trades). The FM will, provided has control over fund selection, ( assuming a gradual net outflow as opposed to a 'run' on their fund(s) have a strategy of say a percentage value sale across the fund or perhaps more likely selling poorer performing shares and or higher risk shares such as those in the AIM category. Kod I would suggest is an ideal candidate with excellent credentials and as a result good liquidity to cope with the selling pressure albeit pegging the share price at present from what should be at a much higher level.

So in summary I think it for me is stand on my head time and go with the 'balance the books' scenario. Who knows, we shall soon see I hope.

GeorgeH thank you for a very informative view. Feel sure many have found useful. Clearly my view of it is far too simplified and incorrect.

Yes, if Suan Chin, they had over 10% of over 20bn shares then 3% is still a huge number, approx 600m! At the price now if my maths is correct that's £2.4m worth and at a sell of 13m shares a day we have 46 working days to go. That's why I hope eventually goes as a placing. An orderly sell may end up being a curse. Let's hope the mkt can soak it up asap. In the meantime a bargain price. Good luck to all.

Today's sells are likely buys. Why I think so is just had a small dabble at 2.4p.

Am I missing something. Where do you get ' no debt from' ? A bond isn't a gift!!!!! Unless you are pfc that takes your money and seems not to care a toss when they lose it for you. Why on earth are buyers still around at these levels.

Big seller finished? I doubt it. If the big seller had over 3% we will see an RNS first when goes below. Sadly think this will run into the New Year

Wow a few optimistic views. Sorry but think even 2p will be too high.

I am sorry to suggest it but feel we may be in the same situation re the big seller well into Q1. I am assuming if previous posts are correct then as an AIM share Kod do not need to report the reduction in holding of the big seller until 3% is breached. Assuming the big seller, speculation all seems to point to just one holder which I do not propose to mention,continues selling as I have stated will be doing so for awhile yet.

If my maths are correct 3% represents 607.25m shares. At a daily sell rate of say 12m shares that equates to another 50 days worth. A rather sobering thought. My guess would be as we near production the remainder maybe sold off by a placing or two. On the other hand if the selling is in some way spoiling tactics for whatever reason, we may have to put up with this almost throughout Q1. I hope I am wrong as banking on this share coming good after a long wait. Fingers crossed for us all.

About to lift off? Any views. Appears 7m went through and only dropped from 0.36p to 0.35p

Unhooked

Having just seen the lunchtime sale details I apologise. I think you were correct. No manipulation as I thought but gave a great buying opportunity.

I agree. I suppose we are all doing the same bar the trolls. Waiting. We know or hope we do know what is coming and just a question of how many weeks time. In many ways the ramping re price seems to have died down a little which I don't think is a bad thing . My crystal ball is probably like everyone else's rather cloudy but we think can see good times ahead. Good luck all.

My take on it is manipulation. Take out a few stop losses then pile in. I think the Director's buy is significant. Sadly my crystal ball is rather cloudy, we shall see. Good luck to all.

Big sells referred to are not the shorters getting twitchy feet. The opposite. If the stats are correct and are sells maybe it's shorters increasing their positions.

It would be good if you are correct at 10p but think you are in fantasy land. D4E IMO will be 5p tops. Anymore guesses?

I tend to agree with PC's view. Makes sense to me. I do wonder if in the end a takeover will ensue. Not initially but once all settles down and Co prospects look alot rosier could prove a good fit for someone.

Those predicting a price rise on Monday I suggest get those rose tinted glasses off and consider reality. Good luck all. Maybe will get back in sometime but cannot see much opportunity in the short term unless quick trading and that seems to have too many unknowns for now.

To the rampers a dose of reality is well deserved as the harm done is IMO difficult to excuse. To those who gave a reasoned view bullish or bearish well done. Can I single out Paul Curtis who time and again stuck to his guns. Thank you. Seemed to me the voice of reason no matter how unpalatable

The two latest posts I tend to go along with. Follows previous price action. Shorters panic. No sorry don't go with that.

They are pro's. May have shorted too long and got greedy but will be a controlled exit IMO. However if the rise is overdone, unusual if it's not I would expect the traders to sell but possibly the shorters to sell what they had bought back or even increase their short if they can get 30p plus. At the end of the day none of us know what will happen. Good luck to all.

My knowledge of the pricing is limited. I tend to agree with Lav's view. During low volume the MM's are going to have a wide spread. They have to to protect themselves. Also to stimulate trade suspect they drop the price by an extra large amount. Gathering extra shares which might flush out stop losses as a consequence. Furthermore do I understand correctly they are aloud to naked short to provide mkt liquidity. In a way like a shop keeper adjusting prices to stimulate trade. I do not subscribe to this as wrong doing nor do I believe they attempt to build up large holdings just to make a killing. They are attempting to keep up mkt liquidity so they can carry out their part of the trade. Opposing views welcome, as I say know little fact on this subject.