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The figure is now 5.4 bn shares . When they consolidate the price will be high enough to qualify for their OTC quote in the US ( already flagged ) . AEG’s business is in the US. The US investor has a different mind set regarding their valuation for Companies .
In my opinion the US would value AEG at 1p not at the current 0.2p .
Yes but remember the MMs can go long or short on any share , so buys and sells don’t have to match up in the short term .( any situation could go on for months ) MMS have to have millions of cash available to cover trading before being licensed by the FCA .
For clarification I am afraid you are making a mistake .If you look at the early trades the market makers were quoting 0.35 and 0.37 . There are various market makers and only the best are shown on the screen so the prices quoted 35 and 37 are different MMS
. When the buyers came in this morning they were offered investors 0.353 p to buy .
However the computer system is programmed quite sensibly that anything under .36 p is a sell and anything over a buy. You often get people on share chat forums saying my buy is shown as a sell , why is that . So as of writing at 11.05 am the buys are 518k sells sells 8.2m and mid price 3.6m but that is not the true reflection.
Fear and greed . My opinion is the major fund managers that bought in during January at 1p are hardy not going to support the company in the future because of the vagaries of a few disappointed shareholders. This company does suffer from a few but vocal disillusioned ex employees / shareholders on both this forum and ADVFN . Time will tell but I am not going anywhere .
Well spotted . With quoted companies on AIM it is the financial advisors and not the Company that decide what is real news and what is just in the course of business and not significant to prepare an RNS .
The share must be a buy at these prices . Have a good weekend
I would be interested in your opinion of Panmure Gordon . ( blue chip financial advisors , brokers and market makers ) Do you think they would represent AEG without doing their DD for months .
Perhaps they know more about the future than you .
70,000 tons a year means more jobs so that will increase our permit licensing chances going forward. With more coal power stations under pressure from ESG campaigners C/S is an immediate and long term solution to help them with their future business and mission statements . Some detractor on ADVFN suggested the previous Nomad jumped ship , but the move was more like going from a trawler to an ocean liner . I have bought some more .
Panmure Gordon is a serious outfit and wouldn’t have taken on AEG without months of due diligence . They must be confident AEG has a bright future and they would certainly know more about the company than certain posters on this site .