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SmoothOperater
Posted in: AMG
Posts: 1,466
I'm here waiting patiently for news.Looks like the seller has finished too.
Agree it's a thin float they have, and someone loading up off market doesn't effect the price, as a broker is matching a seller with a buyer not involving what's happening here.
Large position being taken over the last two-weeks, visible for one-week.Estimate 60% - 90% completed.If the broker cannot match trades they'll buy off the open market, if so expect a decent spike.
I think someone is building 5%+ stake off market currently....
There might be another TR-1 holder next week
Congratulations to everyone who bought in the 7's
Scaremongering IMO, there's certain conditions associated with the £2m which suggests it's a backup option.The £500k bridging loan being cleared , combined with director buying is quite bullish.
So we have 3 directors buying into known selling pressure from the ATM facility...Massive clue for current holders!!!
Https://www.londonstockexchange.com/news-article/AMG/pdmr-dealing/17511548They know it's coming home!!!
3rd Director has bought... follow the money..
It's the £500k loan being repaid, which means RTO news imminent....
The ATM facility had 2.5m shares to offload, the market maker suspected of doing it had moved off the ask.
I beg to differ , I am monitoring the tape, there's up to 4 medium size buyers accumulating, and possibly a 3% to 4% holder.ATM Shares have all been churned through.
Positions being taken before big news!!!
Looking at the tape , there's still multiple large buyers present today. High Net Worth & Conerstone investors most likely.
Not much left below 7.5p
Follow the money, two directors buying at this range on an RTO transaction is a strong indication to buy!!!
ATM facility shares worked through now IMO Could see big news coming...
Unless something thst would cause a delay happens, it will be April IMO Director buying was a key signal to where they are in the process.
Means it's in the pre-announcement window.. in RTO situations these are very short, also he would have needed formal clearance to deal.
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