Member Info for Sieveco

In my experience, any time there is a meeting of an AIM company to ratify / confirm good news trailed in a previous RNS the SP always, always drops the minute the meeting occurs. The reason is that some people have bought shares in the company on the back of the trailed news with the intention of riding on the positive sentiment until the time of the meeting and not a minute longer. Happens every time.

How much the SP falls at the time of the meeting - and whether that fall is sustained or reverses - depends on (1) the ratio of people in the share for the slightly longer haul vs those in the first category mentioned above and (2) whether there is enough substance to the news to give the SP continued momentum beyond the meeting in question.

That really is all there is to it in my experience.

What a load of nonsense. Tobin owns 5% of the company and has bought very regularly on the open market for years.

Good news awaited. MM's drop the price a bit. People get twitchy. Some sell. Price drops a little lower. Etc. People with deeper pockets pick up the cheap shares and reap the benefit of the higher price when the good news lands.

I am holding on tight to my shares. A takeover here at a significant premium to today's price is very likely.

Looks a lot better now that I have filtered the spammer.

In a couple of weeks on a placing made at a manifestly stupidly low price. Must be nice "work" if you are in with the in crowd.

Hope no little people were spooked into selling out at 33p. Good to be back above where we were before the fundraising. I am sure the SP is only going to go higher.

Agreed mcsquares. It is difficult to see where the market makers are going to find sellers from now after their initial no-surprise manipulation of the price to below £6 this morning. No way is any successful bid going to be anything but above the current price as I type this. A rejected bid - against the background of great and ever improving results - simply underpins that BOOM is worth even more.

The SP here will be volatile in the short term. Setbacks in Iran peace process and cld easily be 350 again.

However think it is nailed on to get back to 500p within 12 months at the most.

To the SP four weeks ago is a real kick in the teeth for those of us who are not invited to these giveaways.

Placing done at the worst possible time for existing retail holders but best possible time for bigger guys / those who get the insider info and chance to participate.

At least no funding will now be needed for some considerable time and the placing price values the company even more absurdly than before.

Nothing to do but hold and wait. Only way is up from her as so so undervalued.

To be fair to Myles McNulty, he has backed MKA for years since it was in single digits and anyone who got in when he first backed MKA and had stayed in since would be sitting on many 100s of % profit, irrespective of any trading MM may have done in the meantime. If anyone had jumped into the latest share MM has been talking about on Twitter in recent weeks when MM first mentioned it, they would also be sitting on a hefty profit too. I do not think for a minute that the guy is out to hoodwink anybody. He has a very good record or shares going up after he publicly backs them - and for long enough for anybody who jumps in on the back of his tips to make money out of it. He has backed some losers of course, but more winners over an extended period, and you can hardly expect him immediately to publicise any sells he does make. I have no doubt that he trades a bit along he way, and he is open about that, but equally I have no doubt that he is in MKA for the long haul. He has been in it for at least five years already. I am not an MM cheerleader. I very much disagree with his political views. However, in my view his record does not support any suggestion that he encourages followers to buy just so that he can sell.

Especially David Bryant. Nobody understands the pipeline here better than him.

Knows the endgame here. It's a big deal to draw this investment from him, and it should drive the share price up. He won't ditch these shares. People have asked about him putting in his own cash. Will he? Would he? Well there's our answer.

I lost all trust in BLOE in 2019 when the 1,000 barrels of oil a day from well WR16AZ turned out to be a small fraction in volume and mostly water rather than oil - a fact which was not revealed to the market until the late July as I remember, when the hyped figure had been published in April.

I hope that the gas a CCS prospects are real but I got my fingers badly burned by the "we're in the fairway of Georgia" breathless video interviews which PH conducted in 2019, which really were no more than hot air in the end. I wish everyone invested here these days well, but I wouldn't personally touch this share with a bargepole given (i) the ultimate chasm between company-engendered hype and reality back in 2019 and (ii) that the face of the company is still the same.

Could sell my whole holding right now for 38 - not that I will be. Does seem like something may be stirring,

Here of £150 million or so is absolutely mental. For anybody with more than a very short-term view, this is such a fantastic opportunity to make serious money over the medium term. The SP reached these levels intra-day in late 2021 for goodness sake. MKA is worth multiples of what is was then and the opportunities for MKA just continue to grow.

What a brilliant day, finishing on the day's high. It feels like this has a long way to go. Any positive early news from Alludium and this could go absolutely bonkers.

I am very glad to have jumped in last Tuesday and even gladder I did not jump out for 20%.

The MMs are trying to keep the price down here with the published bod of 0.28. In fact, I could currently sell my entire holding for 0.3155 on HL.

I have no plans to sell at this time as with any positive Alludium news I am sure this will go much higher.

Thanks P2R.

What size of stake does CTAI hold in Alludium in percentage terms?

Having dropped 95% plus yesterday, but other than for those jumping in first thing today and jumping out asap, I can't see return on this one. It's just too big a loss of revenue against low cash reserves and significant cash burn. I can't see anything else other than administration - and soon.

I wasn't a holder before yesterday's news and haven't / won't be jumping in after the news. I could buy shares hoping for a quick slice of the dead cat bounce and then there could be an RNS two minutes later announcing administration. I don't have that level of risk appetite. What has happened is very sad as I do think this business has a good product. Unfortunately, it has had practically all of its eggs in one basket.

John, you have an unusual approach to a share that you own, going on a public forum to argue that you think it is worth less than its current price.

I don't recommend that you go into market trading of the street variety - or car sales!