Member Info for rugs

buy 100,000 under 3.00 this morning. Brokers buying price now just over 2.81

jk. Thanks for posting. much appreciated.

AJ. Perhaps a 30: 1 consolidation.....

Good post JK. ''Hedging'' as such is not an option.

JL. looks like you overpaid a little.

The current share price makes absolutely no sense to me unless we are being fed porkies by the management. Remember what Mark Twain said '' a mine is a hole in the ground with a liar standing at the top''. gla

Okay the small sale at 5.65 now showing. Somebody was desperate to cash in.....

of 5.65 does not make sense on the trades currently showing here. Online this morning my broker unwilling quote for me to buy more than 10,000 shares and that at 5.75
Methinks they have a largish order to cover and are trying flush out some stop losses as I cannot see any reason for the price to fall 10pct this morning

it is not over 6 million sold and zero purchased as at 1300 I can buy at 0.615 and sell at just over 0.6
otherwise the numbers could confuse and precipitate some selling. gla

really pleasing see the improvement in the share price and profitability. Once we hit 3p I will be breaking even....

of how well the cashew plant is working must be filtering through as today I am unable get an online quote to buy 100,000 shares whist brokers prepared pay just over 3 for a similar-sized parcel.......

How can we be marked down on the strength of these results ?? Just look at the amount of cash we are holding.

Hedge. Unfortunately I bought in in March 2017 at 11.55 and have consistently averaged down over the past few years.

I still need the price to get to around 3 p to break even and I would imagine that there are a quite a few others in a similar position. So a long way to go but we do seem to be heading in the right direction.

in the morning and down by the close. Same every day recently. What is going on ?

So why are we not seeing any improvement in the share price ? I don't want to keep averaging down.....

You need to step up your alcohol consumption.....

brokers trying mop up some stop losses as they have reduced their buying price to close to 2.80 whilst posting a sales price close to 3.10

Rising quickly. Earlier this morning best I could get was 2.83 for 100,000 parcel. Now, at 1325 I can sell for 3.01
Brokers selling price remains stead at 3.07

We need some positive news on palm oil or cashews as otherwise the price is going to slowly drift downwards below 3p again.

Eddie. Spot on ! I do this almost as a matter of course on any purchases where shorting is an issue and on my more speculative holdings. Hope others now follow your suggestion.

Rivaldo, thanks for posting, Hopefully we will now see a slow and steady increase in the share price as many of us lt holders are well under water at the moment.