Member Info for Retour_du_Renard

Just to add to my point above. This is what makes me think that we might not make it to the 19th before hearing something.

My spider senses are telling me we could be something in hours rather than days.

Tk - Yes, there is every chance that could be it. But, I would say that GSPC would have probably been expecting that and keep in mind that GSPC called for the adjournment .

I mentioned it earlier but I think OEX (based on previous corp experience) would have put something on the table that seemed a little more favourable and less dogmatic just to get GSPC out of the way and get their new partner in to get this thing moving.

Fair point.

That system is a guesstimate. Been no downgrades or upgrades announced.

Seems like someone is proposing a bit of a fire sale over at GSPC.

https://timesofindia.indiatimes.com/city/ahmedabad/plan-made-to-pare-gspc-debt-by-42-in-three-stages/articleshow/65614676.cms

ajax - mentioned someone was trading it earlier. Which I suppose is a good sign that some liquidity is returning to the stock.

Struggling to understand if I'm being complimented or insulted.

If only I had gone to yuinvurcity.

Special? Here's another Friday night at the Chesh household.

https://www.youtube.com/watch?v=SKDX-qJaJ08&frags=pl%2Cwn

Brainer - Unless you have a snap shot of the mid-price at the time the strike was created it's almost impossible to determine the polarity of the trade (for the most part). Problem is these system are not very snappy and by the time the trade comes through, it's hard to near impossible to work out the mid at the time.

In lieu of that it's best just to watch the general volume increase and SP direction. My guess is someone probably has a long standing 7-10k sell order at 0.27 that is being nibbled though. Once we get that out the way, which we might today, then this thing will rocket into the 0.3p zone.

A few more days like this and I think Wall Street could turn on him.

He's pretty much picked a fight with everyone on the planet at the same time in a bid to look like the big guy in-front of the mid-terms and also detract of the usual scruffy CNN-led allegations and slurs.

But ultimately this little factoid will begin to come home to roost.

Price of Building iPhone 8 in China = $247.51
Price of Building iPhone 8 in USA = $30,000+

https://www.forbes.com/sites/quora/2018/01/17/how-much-would-an-iphone-cost-if-apple-were-forced-to-make-it-in-america/#389a2a572d2a

ajax62 - This is more about depth of buying than price really. It should finish well again tonight (most likely).

People are holding off as they probably think they have a week and a half before this starts to move on speculation but as I've said before. Next week, 14th September, it's the OILEX General Meeting in Perth (Bus details shortly).

I think the output of the General Meeting will be a large factor (if it's not postponed before then). People need to read up a little and realise they could be caught out here and it will be another one of those 'sheesh, if only' stock that zoom past you heading north.

http://www.dailymail.co.uk/travel/article-1201095/London-Sydney-coach-tickets-92-day-epic-bus-journey-Australia-sale.html

I don't often agree with Addams Family reject Zak Mir but I do think he's right that if this broke through the 0.27/28 level it could run up quite quickly beyond there.

Brainer - Likewise, those sells this morning were probably buys. In short no one really knows. But the fact the price is moving upward is a pretty good indicator that there is increase buying pressure.

I could be an anomaly. Suggest you by 50K more and watch if it does the same thing ;-)

Please report back.

As a former Programme Director (of far too many years) It makes complete business sense to balance out the costs from a project on a longer delivery arc to one that just needs a little extra funding to get it over the line. Also, a line that would change the size and nature of the venture on it's delivery and success.

To make out they are desperately asset stripping the company to keep afloat is deeply disingenuous and is not reflected in the RNS at all.

Just seen that £25k in one hit.

RNS Monday?

LostSanity - You and others maybe losing money but Glencore certainly are not.

1) Record H1 with H2 predicted to be better

2) Share buyback - These shares are in Treasury and not being cancelled. I suspect they might extend it (they are way ahead of schedule), therefore reducing amount of shares in circulation.

3) They said they would consider a special dividend if markets permitted (!).

4) They have the Chevron news to announce amongst other things.

5) Trump is under pressure to sort the Tariff situation out as the mid-terms are coming and US business is starting to grumble more about the price of components and other Chinese/Asian goods.

I predicted this week that with September upon us and most business heads back from holiday that we would get some news. I was proven right.

I think this is probably the first RNS in maybe 2 or 3 we will get in the next fortnight. They won't be able to contain it for very much longer.

Chesh - It's a tail of two holders.

If you got into this stock 0.14-0.25 then you have no problem holding as there is next to no risk.

If you have got sick on the rollercoaster and are faced with the prospect of one more risk point then I can see why you would soften, just from a psychological perspective.

I face that with other stocks but I'm pretty confident with OEX that I have got in at the bottom and at the start of a very very significant resurgence in SP. I just hope those guys holding on at higher levels are reward for their patience.

It's £17/18ks worth of blocks. Seems to have ended now.

Pretty sure that ain't someone significant, maybe just someone rounding down for risk purposes which is FairPlay.

Chesh - If that is the case then OEX need to make sure that the door is firmly closed and GSPC (or their administrators) can't suddenly pop-up at a later date looking to get their hand on the trophy.

I would really like 100% for OEX but I think they would rather have a favourable compromise, similar to the one I mentioned earlier, to get things moving as soon as possible. I sense that they have a major waiting in the wings.