Member Info for Setanta1

I've just seen it and I think the MMs may well let INFA go now. If they do we will undoubtedly see an enormous rerate. Infa is only beginning to show its potential. And what a CEO. Super first class!

I wouldn't be at all surprised if we had offtaker or financial news reported this week. It would provide a positive spin to the upcoming shareholder meeting.

Hi Snowman 100, thank you for taking the trouble to provide me with the relevant information relating to Snip. It has clarified the whole thing for me.
I hope your own snip has been just as successful! Go well.

Hi spud, thanks for that. Since my previous post on the matter I have read what I could but I'm afraid I'm not much wiser. I seem to recall mcadder posting some cogent information relating to SNIP but that was quite some time ago and I've forgotten what it was all about. Go well.

Hi Mr Triumph, there could be many reasons for price suppression by the MMs Your half suggestion about a placing is interesting but since the SP suppression has been going on for the past couple of months I would discount that as the current reason. MMS frequently collude with an investor or a group of investors who want the SP held back to suit their agenda. They also combine with other MMs in a shorting exercise. Etc, Etc. But the current low level of activity in the share is certainly related to the deterrent activity of the MMs. Note how each day begins and ends with a lower price sell and, generally, a widening of the spread .

Hi Avyererdowt, I certainly respect your for your defence of AP although we can't be sure the the previous BOD might not have rescued the company. Unfortunately AP failed to fulfil almost any of the fulsome promises he made in those many posts ,(since deleted), on this very booard. He also launched the ,(in my view), totally unnecessary .24p placing which had all sorts of bad consequences. But you're right he was a decent bloke but (in my opinion), just not uo to the job he took on. Anyway thanks for your comments.

I don't understand the connection between the INFA capex and the SNIP, spud. Perhaps you can explain it to me when you've got time. Thanks.

I've got plenty of that Mr Triumph. I've been invested here for a long time. Since before the pair of amateurs,(the requisitioners), took over and virtually brought the company to it's knees. I've been here when the .24p placees and some long term holders were asuring us that the SP would be 1.5p by the beginning of August and 3p by the end of the year. I've averaged down and I hold just shy of notification level. So patience is not my problem!

Despite currently having a fine team and an intelligent ,committed, and knowledgeable CEO the sp still tends to languish, And it is not because there are very active sellers,( about 10 sells this morning), but because the MMs have decided that that is how it shall be. Let me assure you that MMs don't read RNSs. They were taken by surprise a week ago when JW made his informative and impressive interview and the sheer pressure of buys forced them to relax their grip on the SP.Since then they have been working to restore the downward trend. Only another big news intervention,(such as a final commitment from the blue chip offtaker or a declaration related to capital for the project), will alter that trend. Aimers are anxious to make money,(quite rightly), and the MMs have ways to deter them fom buying when they want to lower a SP. So it goes. Patience!!

is not the FEED estimate but what is happening to the share price.

Just a couple of contradictions. The bid was strongest all day just before the RNS.Where was the 10% gain today that those traders were selling into? The mcap is only the sp times the number of shares in issue so it isn't always relevant.

I agree there is lots more news to come but I am astonished that the SP has been suppressed by the MMs after a spate of good news. Go well, spud.

An RNS announces the completion of FEED and the construction estimate. Such good news that it triggered 17 trades and 14 of those were sells. And the 4 buyers were so excited that they bought less than 2million shares BETWEEN THEM. And the MMs played their their part by widening the spread at the end of the day to discourage any hopeful buyers. Can anyone explain all that? The SP is now lower than it was after the requisitioners took over in May 2017.

I agree with your comments, dawski, reference the fundamentals. I still believe firmly in the project. I was just speculating upon the possible reasons for the fall in the sp. I think the sp has been played with over the past couple of months and were it not so we would be looking at an sp which would be at least double what it is now. Go well.

in the sp came about in the afternoon session. It was done on the back of eight sell trades for a total of 2 million shares. During the session there were an equal number of buy trades for an equal number of shares. During the last fifteen minutes the MMs shut shop for any further buys. To me it smacks of manipulation. Unless tomorrow brings startling good news for which the MMs were preparing themselves!

spud.You can sell though but only at a piss poor price.

spud.You can sell though but only at a piss poor price.

Great news, brilliant BOD who are well aligned with the shareholders but two days without news and the MMs pull the sp back. For whose benefit?

Knowledgeable, committed in every way,genial. How fortunate we are. Viva John Wood.

Even a very modest rally is brought to an end by a couple of, (doubtless inter MM ) sells. So for whose benefit has the SP been manipulated over rhe past couple of months? And,(just as importantly), when and how will it end?

The Sp is being played abot with in a quite disgraceful way which will only be cured by substantial good news in relation to finance.

MMs early intertrading to keep the SP suppressed as arranged.

"She's dead but she won't lie down,"would seem to be a good motto here for , despite all the predictions of the naysayers, the SP has continued to rise a little and often leaving a neat and profitable trading situation . More of this ,please!