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surely you have to go by the RNS. If the RNS is wrong they have to issue another RNS which they didn't.
Just weird all around given she sold a sh! t load of shares yesterday (almost 1.5million) so regardless of buy/sell, what is the point of buying/selling 27k shares today. I suspect is it an LSE screw up but the number of shares is somewhat irrelevant in the grand scheme of things other than it doesn't look good for a directory to be selling at a point in which they are on the threshold of losing their FTSE 100 status
Seems like Venessa is selling more of her shares.
@Paradise
Those figures are pure guesswork as the software/algorithm determines whether the trade is a buy/sell based on the bid/ask prices at the time i.e. is it above/below the average of those 2 prices. If you believe people on these forums they say that MM's manipulate the bid/ask to make it look like everyone is selling when in fact they are buying and vice versa so you need to take with a pinch of salt. Although for it to be that wrong is somewhat strange.
That's one heck of a decline in share value (Lancashire holdings). I seem to pick those type of shares but they keep declining ;)
Thought I had missed the boat yesterday with this share but managed to avoid panic buying at the peak. Likely to watch from the side lines for a week or 2 though unless it shakes down to 560 range.
Good luck to those still invested.
Did buy in to Swiss watches though this morning albeit it was already 10% up when I bought - still up 4% on top of that and strong future ahead of it. Annoyingly a friend told me to buy them a few weeks ago and I ignored him :/
Probably something to do with the 2 x £3m sells after hours at 396!
@ Marc - Its in a RNS because they simply wouldn't be able to sell 11m shares (quickly) in the open market. To sell 11m shares you need someone to buy them and other than a few days, Dark don't normally trade more than 3 million shares in a day. So they could sell in small chunks over a large amount of time, with the price of the share going down due to the permanent selling , or they can do it in one hit and declare that they want to sell a big chunk and other ii's buy them up out of hours in a placing for a nice discount (they need an incentive to part with £50-60m between them).
In the last 2 placings, the placing/sale price was c10% lower. In the last placing the share went from 820 to 750 (placing price), then went down further in the first hour to c.720. On that basis the figure of 580 seems about right and I will put putting in a buy order for c.560 because the uneducated Dark investors will start panicking tomorrow when their share has gone down 10% and they don't know why so it will be over sold. There should hopefully be a bounce back then it is a game of chicken in the short term as to what will happen.
All my opinion so DYOR
another 7p to the SP and I am in profit lol
@ Charles
Now Dark are in the FTSE, its a lot harder to get moved out. as they have to be ranked outside the top 110 companies in order to be removed. At the moment that means they need a MCap of c£4.2b, or a share price of c. 640p in order to drop out of the top 110. So plenty of leeway even after the shenanigans of the past few days
When I predicted 3 weeks ago that the next RNS would be on the 29th Oct I wasn't actually thinking we would still be waiting for it - sigh. Roll on another day and another lost 1-2%
And to this that even last week several people were commenting about how civilised this board was. Doesn't take much for the shorters/de-rampers to take over.
Plenty of green boxes today
Can now get a quote of 728 on AJ Bell
Cannot get quote on AJ Bell either
Mad day. I sold out on Friday as was worried about the lock-up. Thought I made a terrible mistake after seeing after hours RNS. Watched it drop to 800, then bought in and now 700 (or less)
so 6-9 months to acquire a rig so definitely nothing to see until June/July 2022.
at least the cost of the original drill was on a per metre basis so despite all the troubles it didn't seem they had to pay for the side track etc.
and the paid deramper Nate is back on the scene
Just need to look at every post he has written recently.
another for the green bin
Just looking back through RNS dates and this is longest wait between RNS's since July, and second longest in over 8 months. Definitely due even if I did put a 29th Oct RNS date guess. Hoping so anyway as I'm a relatively new investor so one of the few that is heavily in the red
I hope he is less vague with some proper timelines rather than talking about short and long rainy seasons. Obviously annoyed at taking a big loss on this like a lot of others and to late to submit my questions but they would be:
1. Why they were deliberately vague in the RNS announcing 2nd drill? Did they only ever intend on going to 70m?
2. What happened to the 3-4 drill plan / Drilling contractors?
3. Have they secured a bigger rig?
4. What is the plan :)
Will be listening in tomorrow
PS for what its worth - I think that is a delayed buy
I remember the 2m late trade the day before the 50% drop off a cliff so suspect tomorrow will be an interesting day !
agree with Vox - excellent app
Not had a go before so here goes
Going for Oct 29th after hours on the grounds that anything before that is a bonus and if it is after then we will all be pulling our hair out