all over the shop and LSE not sure what is what. As at 1420 today brokers spread is quite tight for 2000 parcels, 7.58 if you are buying and 7.52 if selling. Reckon prices can only go one way for the moment.
Morbox, please convince me on why you would put more money into gmr. I have only been invested under 6 months but the price has fallen more than 50pct and I was thinking of swallowing the loss. tks.
For the sales price to fall from 5.70 to 5.50 in a matter of a few hours when the only intervening trades have been purchases makes no sense whatsoever. So I suppose there are large unreported trades still to be published. My broker has now pushed up his selling price to 5.83.......
34ad. Not sure who the seller can be. Mdm Lim thru Genton still controls some 51 pct of the company and Nokia/KBC (both Belgium based) have another 20pct and are long-term holders . Roditi ex Soros has about 1.4 m shares but nowadays seems preoccupied more with real estate in England and has had his stake for years. Reckon only about 10m shares freely available so the amount we are seeing traded probably comes from the broker. Would be good to see a few bigger trades coming through as this would move the price. rgds
we will see some holders selling this morning having being surprised by the upturn yesterday. This is only to be expected. What we will now need is for a positive update next week from Lincoln in respect of CPO production/sales and on the progress made with the cashews.
Manic, 97 purchases so far today and not one sale and yet the price has not moved up by even 1p, with both Dekel and Rea up 20pct. You figure it out as it beats me !