Member Info for Rock8

Yep well spotted.

Absolute manipulation but likely totally legal given low liquidity and high proportion of off book trades.

The automated electronic LSE book becomes extremely illiquid hence 2p spread at times

Looks like a 40p offer?

Difficult to buy / sell on book as a 2pt spread on book at most volatile times.

People will soon forget the drop if he comes through with a reasonable offer.

With so many trades off book (incredibly high proportion) it’s an easy share to legally manipulate.

Recovered well and came back with volume.

Looked like someone with DMA access was buying the bid with iceberg orders as they took the price down then reversed and bought it back.

Someone accumulating in a low volume market.

Have we bottomed?

Expecting a 75-80p offer from JD.com and then they wait to see if Elliot or anyone else moves?

Elliot's date was the 16th.

I believe that's why Elliot pulled out as they had to bid before JD.com

Now once JD.com bid Elliot can if they like re-enter?

NO

They have until 5pm Monday 18th to make an offer.

"In accordance with Rule 2.6(a) of the Code, JD.com is required, by not later than 5.00 p.m. on 18 March 2024, to either announce a firm intention to make an offer for Currys in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code."

He also wants to avoid going to prison.

There are rules.

You are getting carried away on your mad track again.

BUT I AM NOT DOING ‘Toffers’.

Not ramping then twisting the truth to get out of it!

Just pointing out my experience today.

But clearly I am out of pocket as I didn’t take 28.54o off book at 1545!

It’s an easy trick with so much off book.

It’s not a market.

Agree but would be happy with anything over 50p at this point.

Offered a large volume (300k plus) to the market all day (last time 1545) and offered 0.5p over market price.

This was a false collapse in my view.

Another good day.

Strong book with strong volume all day.

Anything positive and this will double in a few seconds

Suspect that’s OTT in the extreme.

No volume behind this fall.

Things must have deteriorated appallingly since the Jan 26th Conference call?

hTTps://www.youtube.com/embed/Yr4QPRmm6hE

Only 2.297m traded?

Hardly capitulation but where to next?

That's exactly what I just suggested

If he's a friend he might be buying for a possible 'roll in' and later 'earn out' so be happier paying a premium today?

It's also possible?