RE: Market news9 Oct 2024 07:34
I continue to filter them Money and my LSE chat is lighting up green like a Xmas tree.
Anyone can say anything on the internet, especially those scammers in my emails who keep telling me my uncle was a prince before he died and they want to release a £50m inheritance to me.
People can also have multi-ID’s to justify their toxic and narcissistic behaviour.
That 2.5m in the US is what has been added to the float and would have been bought from the UK freefloat and transferred to a new broker to trade in the US. So yes a buyer did meet a seller but it was took from the LSE and is being offered in the OTC market. A block of 150 shares were bought sending the share price up 52% as the offer was high, yet someone paid at that price. There is stil 2,489,150 on the offer from the remainder of the shares and if anyone wants to buy, they can. It’s a shame OTC isn’t pegged to the LSE as that would have been an interesting day!
I don’t think you’re misleading at all Money, just not familiar with how the OTC markets operate, which is a perfectly easy mistake to make and good people will lift you up and guide you, only bad people pull others down.
Your research has always been credible and with good content, so please do not let such people affect your life (hit that filter button).