Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Bid falling fast
Here comes the day trader sell off
Where will the corpse come to rest... 0.25?
What difference do people expect a positive judgement to make to the SP and why? Current price in line with historical prices over last year
Bottom out at 60p or 50p? Opinions please?
Explains price rise, he bought over 3m shares, guess price will drift back down to the 50-70p range pending actual news
Update from company coming today...
Lots of post confident about the rumour on twitter now
I think the rumour makers would love that. They bought yesterday at 112.5 and if they didn't sell last night they will sell at this mornings peak. If you are not doing the same then fine, no harm in a bit of speculative day trading. I wouldn't want to dress the hotrocket post up as anything other than rumour.
If there is still no sign of a new RNS then the price will possibly retrace to low 120s or high 110s following yesterday's rumour fueled surge. However if real news does drop... Boom
Results in a double blind trial are not know in advance, data analysis occurs after database lock to prevent manipulation of results. No one knows which patients got active or placebo until the trial is completed and data entry is closed down.
Can anyone see the short interest ratio for today's volume? When price hit 113p it quickly traced back up on no news and wondered if a lot of shorts got covered after that nice drop, driving the price back up
Amendment of the Articles of Association The Annual General Meeting resolved that the following sentence be removed from Article 17.1 of the Company's Articles of Association: "Each shareholder shall make a Notification when he becomes a party to an agreement or an arrangement that upon implementation would result in the holdings of the shareholder reaching, exceeding or decreasing below any of above-mentioned thresholds." If you no longer have to notify of such agreements, it would facilitate a group building up a controlling interest under the radar
Given the lack of confidence many on here have in the competence of the management, could a hostile takeover be on the cards with a proxy vote by shareholders? I imagine many of the large shareholders would be up for a more experienced player taking Lupuzor forward.