Member Info for Sanchez599

The key for me and what made me decide to reinvest was the strength of buying at the 375-400 level on a day when there were truly awful market conditions. It looked to me like decent orders from institutional buyers, and it seems reasonably likely that if they were buying then, they will be after more. Hence the volatility. I don't believe that there is a huge pool of sellers at this level due to the chance to sell out higher previously.

Ultimately I think that level of 375 to 400 will hold firm because at 15% above the IPO for what was one of the hottest IPO's of the year, and after a 60% fall from ath's, it does look very overdone. Especially on the back of one deliberately negative broker note from PH. As ever we shall see. As for Nidec's post about chatrooms, it's fair, as always it's just a trade for me. And at the moment one just above breakeven.

Interesting volatility this morning, it is behaving like an AIM share today. Looks like we have a backtest of the reversal and test of support around 400. Really needs to get above that 8ema for me. Would be great to see it capture it into close later and setup a more bullish week next week.

I remember how well it moved up from 550 this year. Remarkable to see such a battle at these levels. It's only 20% above the IPO 1st day close at the moment. At some point this will show some of that same fortitude.

Agreed Atd. I wondered if someone with a leveraged position is under a bit of pressure.

Warrant conversions have been low, it isn't just warrants.

Each to their own. They are all trades, some are just held longer than others. Given the volume first thing yesterday and today, it looks more like a reversal than a bounce before further lows.

Bought back in yesterday when the bounce held at 3.97. Looking like a close above the 8ema today which will be the first time since the downtrend started. Thats a hugely bullish sign if it happens. The first one in a long time.

Some big positions built yesterday morning. Looks to me like the bottom is finally in. Claire - good shout you were very close in the end!

Any thoughts who our current 'sell at any price' millstone might be? Surely not Kabunga still. He has had all year to sell higher. Looks a bit desperate!

There can't be a financing update until the optimised DFS is completed. That determines the amount needed.

The worst part of Aim is how it badges itself as the beat place for growing businesses, when in reality there aren't many worse places a growing company could list.

Agreed Claire. It's very typical of a lot of Aim shares at present. Being let down by the markets inability to retain capitalisation, rather than the actual business performance. I could name plenty of ahares in the same boat suffering from pitiful valuations whilst having very good underlying, growing businesses. It's a poor show by the MM's here at present, continually playing into th hands of what are very small short %.

Remember this went to £29.00 on the back of the Capital Markets day presentation, the most detailed run down of strategy and outlook in months. Since then the SP has fallen the best part of 20% which bears no relation whatsoever to the content, how well received it was and growth outlook.

Current SP has been supported multiple times now through multiple small crashes and Omicron developments / announcements. Heavily skewed towards upside now with another bounce off low 2300's this morning.

Interestingly still up at 99+ for large amounts. (£50k quoted). Reckon another order is being filled.

He might but he wouldn't buy £3m worth on top of the tranche he has already bought.

A few wet the bed when they saw 98 on the bid, but all clear now. The trend is clearly up now. RSI turned up, momentum up, stochastic just about to do the same.

Not a bad shout ;-)

People are either selling for a few % gain as lows around 89 so max 7-8% and those buyers can only be a very small number - most new entries around 91-93- or they are selling at a marginally reduced loss compared to yesterday. Personally I think the selling will dry up but we shall see. Obviously market conditions aren't as good as the summer, but those results and outlook excluding exceptional costs do not warrant this drop.

£57k at 98p
£23k at 98.82

It would be interesting if it was another director buy. Given they run a staff share incentive plan and shares have fallen by 70% from ath's, it is in the companies interests to help the SP rebound from these very low prices. Especially given how much they made from the IPO. Not a great look for the CEO to have have made millions whilst everyone else has seen their shares capitulate.

I think you maybe misunderstood me. Agree they are buys, the pullback was to help fill it. Hence move up now.