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Think, and could be wrong but there is forward selling. The fact that the SP hasn't dipped into the 6's or close to PP is a good omen that MM's also want to keep it at this range, i.e 7-9p and allow profit taking from the 30+M subscription shares as they too will want to make a profit albeit they would be happy with 5-10% easy and quick returns I'm sure.
TBH - it simply allows for an opportunity to get more of these at a relatively decent price when considering the SP almost touched 13p few weeks ago.
These trades and transactions are irrelevant on the grand scheme of things as the ONLY thing that matters now is if we are going to have some or any news of proposal submission and or acceptance.
Redeyemines - thank you for a wonderful insight and information.
So, the long and short of it is?
Thanks Doze. Just trying to figure this out. Did 5 over 100K trades and all were delayed exactly by an hour. Odd.
Appreciate your input all the same.
Doze - you mentioned earlier about agency buys and that's why 100K + buys are delayed or something to that point.
Why is it that my 100K buy and several other similar size buys of mine in the last 2 days have always been delayed by an hour?
Should be showing for a buy @ 16:29 @ 7.8p
So Hasina's vote is not priority then. Majority is.
MM's seem to have stalled after a healthy rally yesterday.
Think everyone now just waiting to see which side the coin flips.
Searcher - agree. There must be a buyer for the seller and vice versa.
Just highlighting the delayed trades just all, just as I highlight the delayed buys.
What I don't understand is why the MM's are showing what appears to be 100K and above buys or sells 1 hour later however anything just under is printed then and there. Seems odd.
Just popped up.
Just popped up.
@ 14:07
You're probably right doze but there has been some accumulation going on in the background though.
I guess if there isn't much outcome from the meeting and no media outlet news, sp will drift back especially with the placing shares landing on friday, if they haven't yet been forward sold. Guess there could be a chance to add more on the dip should that opportunity arise next week.
Don't expect much till June/July tbh.
Here.
Who's gonna make the first move?
Is Hasina going to play fair?
Is the outcome as it seems or is there a twist?
Very exciting.
Correct me if I'm wrong folks, looking at the historical charts - it seems that the SP touched 880p and then there was a Split: 2/1 and thereafter stayed between 200 - 300p until about 2012.
We have come so far since then and the next few weeks could define our trajectory.
For me then at 8p @ 9.01am
Following placing yesterday and any concerns about that hopefully alleviated now, the SP has been fairly steady an the incline. Good steady pace rather than quick spikes for now.
Happy to be able to pick up some in the low 8's that's for sure when this almost touched 13p following RNS of 1B contract with PC for go ahead.
Indeed IG - mine was at 8.4925p executed at 8.41am - not shown.
Similarly other potential 100K, 200K trades may be shown later though MM's happy to show smaller sells to possibly spook some into panic selling - who knows eh!
Just taken 100K @ 8.41 - TICK
Not showing yet.
Expect delayed buys similar to show up later.
BUY for me @ 8.4925 coming up in the next minute or two.
Jamesss @ 19:53 - ''LG you are indeed thick''
jamesss, where you looking yourself in the mirror when you said that?
You've been nothing but thick from the go.