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I see a big buying opportunity here. But the spead between buy and sell on my Hargreaves Lansdowne App is crazy. I’d need a 20% hike just to get my money back.
Any suggestions please?
Is there a trading update in early February?
Not anytime soon. Balance sheet still needs to be repaired. In the future there will eventually be positive shareholder funds enabling dividend payments.
Is it a pathetic attempt to move the market?
It makes no sense.
The moment when the bid price creeps back over a £1.00 is very sweet.
Might this really be the season of goodwill from the markets to us shareholders?
I think it was immediately reversed out when you look at the trades.
Plus another 25 million in four unknown trades around 8.30am this morning.
Buys or sells?
Looks like a bit of profit taking happening at the moment 1445pm. Unsurprising I guess.
SP on the rise ??
Thanks Papucel.
Usually by mid afternoon on most trading days the spread appears to be normal.
ATB
I'm writing this at 9.15am and there is a £0.06 spread between buy and sell.
Can this be normal?
When are the results due?
There was a time that increasing interest rates meant improvements in margins and profits. You would think that MB share price would be increasing.
Conventional wisdom no longer exists. But by any measure this ought to be a buy.
You’d like to think that a £52k spend on shares might have pushed the price upwards a bit.
Previous, smaller buys have seen some rises.
These are the strangest of days.
At least the news flow is becoming consistently positive.
At the start of this year there was ‘radio silence’ for an extended period. Perhaps the PR company are being encouraged to make more noise.
GLA.
I think a ‘bag’ is ****ney Rhyming Slang for “Bang of Sand” = ‘A Grand’.
So a bag in investment terms is 1000% so a 3 x bagger is 3000% and so on.
We all wish that for us LT investors in TRX.
Everything I’ve written above might be wrong. So happy to be corrected.
It's already well below that and has been for a few years. Gone from £0.25 to £0.038.
I do scratch my head a bit with this stock as the malaise of being a low liquidity AIM share means it's a bit tainted even though the fundamentals of the business remain sound.
I'm underwater but seriously contemplating a process of averaging down. Really undecided...
Presumably most of the institutions are underwater since the original IPO?
I wonder if today’s pleasing SP increase is that the imminent trading update is about to land and the news will be positive?