Member Info for quindell

The large delayed trades coming through look to be a major shareholder divesting

Almost at 50m thus far

Yes thats the pathetic thing about this whole situation!

I wouldn't personally, until there is more clarity with regards to the financial position. Buying on a rise is wiser then trying to catch a falling knife ;)

They probably have already been used as security

1.71 to sell and 1.73 to buy.... Very tight spread, but a very risky play it must be said. This is not one for the risk averse!

28.5m traded

More like he will be selling more over the next few weeks

Quite often then not there is a lot going on behinds the scenes, its whether or not its in the Bod's best interest to let it continue on AIM or whether they could indirectly poach the asset after default. Greed is a powerful thing! All up in the air at present.

Otherwys, I have tried that before with another diamond company (with a significantly smaller MCAP at the time) and they are very wary of outsiders. If done via a broker its a different story though....

Well I'm sure everyone is aware this could go bust and that SA is a very difficult jurisdiction to operate in. Its all pretty much a gamble on the short, and long term company finance.

Spread, 2.01 to sell and 2.0975 to buy

Well I love a bit of risk, and considering this is less then half of what I was prepared to pay a while ago why not pick up a few 100k. I love a bit of risk, although I do acknowledge it could go lower.

There will always be teething problems, but why didn't the Bod have more foresight and raise funds to be ring fenced earlier in the year when there was very good momentum. A very strong balance sheet is needed for these type of projects.

Indeed that is a fair point and the spread looks fairly tight. But this whole situation stinks...... bringing the share price to its knees strategically? I am merely speculating just to clarify.

All very bizarre to say the least

...

Indeed HH will be the driver in the short- medium term, our other assets are effectively on care and maintenance. Many may undermine our investment in Fresho, which is a different type of investment and is highly lucrative especially if it can be rolled out in volume. Regardless these are all bonuses as the share price is not reflective of our intrinsic value. Many will come and go and with the limited liquidity we will have the tendency to fluctuate violently in both directions, and considering this we are the best choice for a HH stock out there in terms of value for money. We should have an interesting few months ahead of us with UKOG leading the charge.

That was painful for someone..... unfortunately its all about the liquidity! Will always have wild swings both ways, I took my profit at over 5p so I'm happy with that, mainly because it will be rocky over the next few weeks/months imho.

Well I think its refreshing that this has been implemented, with low extraction costs why not let everyone have a piece of the pie? These aren't the UKCS high cost and high risk oil fields here, the natural flow rates are there for all to see. UKOG soaking up available stakes is a huge boost of confidence in the fundamentals of the project. It is good to scrutinise your own investments, but your negativity with regards to HH isn't justified at all. We have a nice chunk of what will be a lovely earner for the company!