After flicking through today's transactions and comparing them to the Bid price shown on LSE, so far the buys work out at approximately £62k and sells are £1.8k. So completely the opposite to what's showing.
LSE is a good platform, but unfortunatly the algorithm they use to calculate buys and sells is a pitfall.
So i've just made a comment on a thread oh this board which seems to have been promptly removed.
I noted that i'm always skeptical when a barrage of buys/sells are posted, with little to no counter trades (as we're seeing here right now).
At the time of making that comment (roughly 5 mins ago) the sells on the home page were around £42k, and now it's showing at £64k with £0 in buys.
There's always a reason for incorrect transaction data to be posted, and imo it's to influence buyers, or in this case sellers.
I've seen these shenanegans before and i wont be fooled into parting with my shares.
I'm always skeptical when LSE print a barrage of sells and little/no buys as we are currently seeing; and indeed when it's the other way around too. Almost as if it's to influence PI's into selling or buying.
I find it highly unlikely that £42k's worth of sells have gone through since the market opened and not one purchase.
Seems like more MM misinformation to me, I shall remain holding firm for the foreseeable.
Good find Dave.
For those who aren’t subscribed to FT:
“UK ministers are in talks with a United Arab Emirates sovereign wealth fund to back a new national investment programme worth hundreds of millions of pounds to “turbo charge” the British life sciences industry, according to officials and bankers with knowledge of the situation.
A proposal to launch a new public-private investment fund to back fast-growing businesses in biotech and life sciences is being finalised by Rishi Sunak, the chancellor. It could be announced as early as the Budget on March 3 as the government looks to set out plans for post-pandemic economic growth.
The importance of having national champions in medicines and biotech has also been shown during the pandemic, according to officials, with the UK ahead of other nations in developing, manufacturing and approving vaccines for Covid-19.
The government would commit £200m to the fund, called the Life Sciences Investment Programme. It would then be matched with up to £400m in external financing to either invest in companies directly or through existing biotech funds run by specialist managers.
In what would be an unusual bilateral tie-up for the UK, government officials have been in talks with Mubadala, a $232bn state-owned investment company, said several people close to the process, as they seek Gulf-based sovereign wealth to provide funding. This would allow them to increase the size of the fund substantially, according to banking sources.
One added that the project was being managed by Khaldoon Al Mubarak, chief executive of Mubadala and a point man for handling Abu Dhabi’s relations with the UK.
The talks with the sovereign wealth fund have progressed to an advanced stage, said people familiar with the situation, although they cautioned there was no guarantee that any deal would be agreed.”
I know we often refer to AAA when talking about JN's other successful ventures, but it's cool to see how well RDGC (Nakama Group) have progressed over the past year. They're currenty sitting on a 4 bagger since early December (was a 6/7 bagger a month or so ago).
It's only a matter of time before Vela follows suit.
Mr Normand knows what he's doing.
In fairness my first purchase in Vela was above 0.1p. I since averaged down, traded on highs, and I now have a comfortable holding and at a nice low average.
I can understand Mysteryguy’s frustration, but it’s not Vela’s doing, it was merely down to poor timing but as Jimmy says that can be corrected.
Good luck all.
I mean, why even make a prediction like that? If you’ve been here for a while you will know that we reside at these lows for a little while and then push up to the 0.1-0.12 range and then retrace. So your prediction is not really a prediction, it’s just putting a longer time frame on top of the SP trend which we’re already aware of.
But in regards to me having an issue with the things you post, it’s because all I ever see is you talking the share down. I see huge potential here and so do many others on this board. The BoD are investing in some great companies in very hot sectors, any one of these investments could flourish this year taking Vela to a high higher Mcap than the current £10m valuation.
In the 37 posts you’ve made on this board in the past month, 0 of them can be perceived as positive. You’ve said many times that you’ve want to sell up and leave, presumably because your average is above 0.1p. Most of us here wish you’d actually follow through with it to spare us from your constant negativity.
Here are some examples of what I’m talking about:
“Down she goes. 60s next :(“
Complete nonsense, we haven’t seen 0.06p in a long long time and it’s unlikely that we will anytime soon.
“I cant see anything positive here all seems a bit messy to me. 0.12 high this year my best guess. :/“
“Dead boring no movement here. Looking at the numbers I cant see anything more then a 50% rise to 0.12 and thats a long term outlook and me being very optimistic.”
“Has anyone actually made any money here?”
For the record I’ve made a few grand here trading the swings, although i hold 5m minimum at all times for an LTH.
“When SGS sell surely we tank?”
“Some very large sell offs today again nkt looking good”
It was your post about another share you're invested in.
I'm not too happy that it was removed as i had demonstrated multiple examples of the comments MysteryGuy has posted on here over the past few weeks, constantly de-ramping and talking the share down. If he persists then i'll expose him again.
0.07p would be a nice range for topping up but personally i cannot see it now.
A lot of positive things have happened here since the last time we were at those levels, and the SP has been holding at 0.08p+ for a good 5 weeks now.