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I think you are all missing the point, it is an automated electronic system. The majority of trades completely bypass the mm's input where the system can match those selling with those buying.
It is a complex system but knowledge of how it works is essential to trading and well worth researching imo
It is an electronic system, put simply, if the bid is 10p and the ask is 12p the mid price is 11p. Anything bought or sold below 11p will be red and anything bought and sold above will be blue.
In a fast moving market it is more common for buys to show in red or sells in blue as the spread and prices move quickly.
It is not a conspiracy or games by mm’s or attempts to mislead or manipulate the share.
Aberdeen, sorry to disagree but this is quite common on ASX from my experience with 88e.
The RNS released here would have to be posted on ASX and hasn't as yet, same as 88e Ann's are reported verbatim here by RNS.
88e have often done a trading halt giving themselves a 3 day window to release news and once the news aligns trading resumes.
I dont think the 2 million was planned for anything, i think it was a gift horse they took advantage of.
All imo of course.
•
The Company makes the request pending a significant announcement
in relation to the extended well test program at the Horse Hill oil
discovery in the United Kingdom.
It is very specific so not sure how buyout or takeover are derived from that!
I think this is all down to timings between the UK and Aus. The RNS of yesterday has not been released in Aus yet but was expected and with ASX rules you would need to call a halt for a pending announcement that may affect the SP.
My guess is the trading halt was lodged in Aus pending the UK RNS and will be released on ASX when it opens later.
HHDL is the operator and as all previous flow tests we have been informed by a UKOG RNS when the flow testing commences, so regardless of what people are assuming they can see, or going by what DL is saying I prefer to go by experience and wait for official news..
Why are so many expecting an RNS re flows when the last one clearly says they are cleaning up in preparation to start, it could be a while before we get one and then it will only advise that testing has commenced.
With regards to tankers, once the flow test starts they dont just turn on the tap fully and fill all of their storage up, testing is done in controlled flows with calculations made to ascertain the bopd, it could be a long time before storage facilities on site need to be emptied.
Some on here need to cut the hype and be patient.
How can you justify taking subscriptions from premium members when your site is so unreliable. You need to get it sorted once and for all or start issuing refunds.
Invested here so not a deramp but one paragraph in the RNS of 21/6, "We are currently reviewing a range of options to accelerate exploration at Black Hills and we look forward to providing a further update in due course." leads me to believe we may see a fundraise. I could be wrong but with the price where it is a fundraise around 1.25p per share would be a sensibe option for the company.
Expect this to do 5,000,000 % today, lol.
If there is an RTO then the share will be suspended, normally for several months or longer. That RNS could drop at any time then investors funds are immediately trapped therefore exceptionally high risk imo.
Agree, last trading figures were promising without the last 2 contract wins. Will be interesting to see the interims, hopefully next month. Had a cheeky flutter this morning as could easily and quickly climb from current sp level.
If you read the small print on the CEDEX website it tells you that the sales indicator is only updated once the sales transactions have been verified so I expect there will be more sold than are showing.
You can buy close to .16 so below mid price, so 2 buys showing as red since rns
Agree, really strange share, worth half of what it should be. Held a few of these for a while expecting them to take off one day, confined them to the bottom drawer as every good news RNS sees no increase in the SP. Guess one day it will wake up but until then...........