Member Info for Sir_Shortalot

I will add to this that the actual short percentage will probably be closer to 30%, but it's hidden in weird and wonderfully ways.

Having worked for a similar company, they will have.

You don't get into bed with a company on the brink of collapse. They will actually actively support them.

Shorts are running out of time;

1. If they were so in control, this wouldn't have gone to 45p

2. If they were so in control, they would have let this run to 60/70p and then shorted. Why short so heavy at these levels?

3. Sold but not purchased. Not all the shares purchased by PI have reached the market yet from the MM

4. They can't get the sell volumes they want at this level

5. That spring is getting more and more compressed.

Now all this fear about dilution. Let's say they dilute 2for1. With the backlog we expect this to rise in the coming year back to the £1 level, that's still 50p/share with dilution. Reward outweighs the risk for me.

"I have a large position in the Bonds (over £1m)"

Has loads of Money and knows how to make it (surely not only position), but sits on a chat board all day. Laughable

"My dream result would be a takeover . This appears feasible (PFC the top player in the ME) but for that 10% short position…"

Why would a short position stop a M&A? I thought it would help as they have reduced the SP.

Lots of talk of dilution, must be working for the shorts.

The only risk PFC is short-term. Based on the size of the contracts I am sure a bank would be happy to provide short-term liquidity.

The contracts are partnerships, normally in a partnership the client will provide down payments to support their partnership.

How about an investor or similar company wants in.

Lots of ways to skin a cat.

"Well if today isn't a prime example of just how rotten to the core this whole maliputive system is I really don't know what is"

"Like I posted earlier, I do not know how you can physically reduce an SP so that shorts can clear there positions but it is clearly what happens"

Place a buy and see if it appears on the open market. However if you place a sell it will.

Playing with the spread.

Hopefully MW have closed out.

Already here, but bought in at 31p so I am now a short-term trader

Yes.

MM internalise buy orders so that they don't hit the market and buy them later.

Big contracts come with down payments to ramp-up the project.

I am also sure that the banks will be willing to loan any other cash as the O&G sector always pays the bill.

I think there is a lot of money on the side lines awaiting to see how far the shorts can knock it down, prior to entry and the bulls take over. Low volume so we are not talking big sells.

Very strange price action, it seems like a smash and share grab prior to some news. Do they know about a bid?

Very strange price action, it seems like a smash and share grab prior to some news. Do they know about a bid?

It would be interesting to see if MW closed out

Seems like a short that wanted out

Sentiment hasn't changed. A lot (myslef included) as still buying.

Volume limited

I would assume that the advance payments maybe bigger than the MC of the company, which is laughable.