What's afoot here?24 Feb 2021 14:50
I have noticed odd activity here: not least the constant iceberg trades. There is definitely some accumulation but the market maker seem to have plenty at 7-8p for sale. It seems to me that shares are a phone call away. Somebody want to keep this sub 10p so an offer at 16p would be attractive. The trend is upwards though. Maybe it really is our time. Just for laughs do you think the offer will come from Glencore or The Chinese? How much is the right price from either? I think if the Chinese buy it Glencore may want to sell them 100%, so my money is on a share for share offer from Glencore at around 16. Juss gessin'.