Member Info for quindell

Nope they won’t ever learn, because a fool and their money are easily parted! They should have looked at the MM’s activity taking shares at 0.02 before they forked out 0.3p! MM’s made a killing it must be said.... that’s 15 times the price someone sold out a matter of days ago!

I don't think thats the case, I feel it is usually just be a cleanup by the major shareholders so they can take control once it goes private, or could simply be the mM's making a market or P&D crews taking advantage? All speculation of course

These dead cat bounces nearly always happen before a share delists - seen it so many times over the years and still leaves me shocked and confused at why?!

Bounce, I would put money on the foolish buyer who started this spike to sell out at a loss over the next few days!

On error I did make is saying the MM's raise the bid, it should have been MM's raising the ASK (to 0.55 as apposed to the logical 0.5). There are sells at 0.48 there is no denying it, but then again there are buys to (almost) match them. Regardless we have consolidated well at current levels and once we get news on any of the 3 assets this will be reflected in the share price. As I have said previously this is crunch time and the board need to deliver sooner rather then later, Choco looks like it could be on the brink and we could be pleasantly surprised with Mankayan and Eureka. Odds are definitely looking good for Choco in the short term though it must be said, the strengthening Platinum & gold prices coupled with a better outlook for mining in the Phillipines makes Mankayan one that could happen shortly after.

Ok you evidently have issued understanding so let me put things plainly for you - below mid point the trades automatically show as a sell (red) above the mid point and its a buy. These are all assumptions based on the mid point and are suggestive, now with the spread tighter then the spread suggests (0.48 to sell and 0.5 to buy) it is a clear move by the MM's to encourage sells. There has been a block buyer taking up liquidity - 1m today (at 0.5) , 2m on Friday at 0.51 and 7m on Wednesday and Thursday at 0.5p. If the MM's wanted to then they could very easily lower the spread to 0.48-0.5 (which is what it should be) but they are in an accumulation phase for their strategic buyer, so its advantageous for them to raise the bid to keep these true buys concealed and get the naive ones, like yourself on a doom and gloom bandwagon - seeing red or blue is no indication of an actual trade, you are quite simply clueless with regards to market mechanics and trade reporting.

Will definitely be closing after todays news - keep an eye on the short tracker over the next few weeks.

*representation of a trade thats for sure

Well I am not so naive to take red and blue as true representations of trade led that’s for sure!

Yep sure Randy

1m Buy concealed as a sell - including NEX trades that makes it 1.6m sells and 1m buys. Hardly a 'hell of a lot of selling going on' the SP has held up very well and the MM's are happy taking shares for the background buyer.... News flow will be in the short term to propel us back up to pre placing levels.

There you go again, background buyer mopping up.....

They don't have to disclose if done via nominee accounts

Will be soaking up any and all sells thats for sure!

Goes by with no news.....even I am beginning to loose faith! We need to get Jim out ASAP!

If you are legitimate then I am happy to open dialogue. This tranche seller was the one who pretty much carried the rise from 0.8 to over 2p previously so I get the feeling that they are strategic investors looking to possibly take out the company at some stage, or have an interest in some underlying assets and want to build a position? All speculation of course

Yep pretty sure that was a sell - I can sell in volume at 0.49 which leads me to believe the buyer has an agreement with a MM to take up all the liquidity. Its surprising because the volume has slowed down considerably but you can still sell in volume. Definitely something going on behind the scenes.

Yep the tranche buyer has returned - they took 5m yesterday and 1m so far today

To sell I’m afraid! Never like when that happens....

At 0.5 from the strategic buyer...