Member Info for Pondering

Vast majority of trades today look to be buys. It would certainly have continued the rise, but for probably a single trading entity.

Placing done. Low share price. Technology beneficial for the environment and correct direction of travel. Opportunities in multiple countries to offset any (likely small) from the US issue. Management team generating more confidence. I see a bit more churning in the upper .40s for a while, which is to be expected after a large placing, then some other chunk of news to land and off upwards again.

Shorter has made one or their 250,000 sells at 10.80p today. Getting more difficult for them now that some bigger buys coming in.

If stop-losses, I doubt they are triggering automatically. Someone is deciding when to press the button.

Bits for reading between the lines would seem to be:
‘Feedback we have continually received’
‘Focused on what we can control’

The price fall looks to be due to ongoing regular selling, today around 11p. Particularly noticeable 15.08 to 16.25. IMHO the price looks to be being intentionally forced down. Anyway, I have had some more today, and will have more tomorrow if it continues.

Qu'est-ce que c'est?
22-Jul-20 14:00:22 11.00 505,000 Sell* 11.00 11.25 55.55k UT

Should be easy enough for this to go 8x. It will help when whichever entity is putting in large undervalued selling slugs stops doing it e.g. 08:40:48 250,000 sell £27.75K. Remain positive for the longer term.

Yep. Has there been a natural drift in price due to lack of news or has it been walked down? I think the latter. If the former, then some good new will see it off upwards again. If the latter, then it depends on when the sell(s) run out or decide to stop, and what their agenda is to lower the SP. Time will tell. I am holding and will top up if goes lower still.

Wasn't quoting on Barclays. Got some instantly with a limit order 0.01p above the ask.

I've pondered it. Now let's see if the ask drops below 11.26 again today and my order executes - I will be most surprised. The conspiracy mind is at work.

Let's say the ask is 11.25. Being a generous person, let's say I create a decent sized limit order to buy at 11.26. My trading account warns me "Don't do it, you are paying too much...the order may execute instantly, warning, warning!" (or similar words). Almost instantly, the ask increases to 11.50 and the order does not process. Coincidence?

It's been knocked a bit by lack of exciting news and the irritation from the US. Placing at 0.45p means that there will be pressure towards (up or down) that share price. Some good news and then it should be off again properly. VLS was in the doldrums after a placing, now looking to be recovering on a little bit of positive new coverage. Just have to be more patient.

Agree, not unexpected to bobble around the placing price for a little bit. When it drops below, there should be buyers.

Well, not in yacht league, but I've bought a car's worth this morning.

Doubt it. Seems more and attempt by the US company at reputational damage and 'spoiling the party'. A cynical move. Makes me more likely to stick with EQT.

I don't really see blame for the company and the placing here. People were happy to buy at 0.45p, and well above that. I haven't sold. I have bought more today.

It's done now. No point panicking about it. Just wait to see.

Hold on to what you have got. Buy some more.

That's good Bixy, bit better than me. Fortunately, I sold about 4/5 - 5/6th of my holding a couple of days before the placing in late .60s, as I felt the omens. Anyway, now back to roughly the starting number of shares, and some of the profits in another pot. Some losses in some places - I'm not an investor genius! I think there may be a bit more bibbling around within 0.01-0.02p of now, but I think we are essentially at/around the nadir. Then hopefully a gradual rise without too many more spikes would be nice.

What the info (large volume + minimal change in price) tells me is that there is huge demand from somewhere for buying up the the shares at 0.48p + the buys are just marked as sells or there are buys that are not yet visible.