Member Info for StarBright

A perfect example of a non sequitur..!

He’ll be right eventually..!

To be fair he’s one of the better talking heads on pm’s.

A weekend with extensive media coverage on LFT’s appears to have had a greater impact than the RNS. AVCT not the only “covid stock’ holding a bid today. Good news. While we all look out for RNS, it is new capital / new investors that drive re-ratings. Sometimes the triggers for this don’t come via RNS.

I suspect the rise this morning is driven by increased interest / new investors in Covid-19 diagnostics shares following the widespread coverage on LFT’s etc over the weekend, rather than by the RNS. Most of the “covid plays” are well bid so far.

Positive price action tomorrow seems possible. The broad coverage afforded to LFTs in the mainstream press and through Boris’ briefing today may attract new interest / investors to the testing companies. There are many PI’s who don’t frequent the LSE forums.

Phantom - the change in margin requirements came in this year. It wasn’t driven by EU legislation, rather by IG’s prime brokers demanding more capital from IG itself following the madness around GME and other names in Feb. IG had no choice but to pass this on, so in reality it represents a tightening of liquidity in the underlying markets. They have also (in the last six months) increased their charges by widening the spreads quoted for DFB equity positions outside of FTSE350 shares. Take a look at the pricing typically available in the underlying via a mainstream venue (Barclays, Halifax etc) vs that available in DFB’s..

In general - if you have the cash and ISA capacity - it’s better to use one of the mainstream investment platforms. PI’s looking to implement their investment decisions via spreadbets will see lower returns over time because of margin costs, wider spreads and “sub-optimal execution”.

I read a post on another forum saying the government have ordered 600 mobile testing unit vans from a coach building firm in Bristol.

In market cap terms, €5 per share would put Alien Metals somewhere between Aviva and Tesco. Assuming no further dilution that is.

And for those of us interested in monetary metals, a recent interview with Ned Naylor-Leyland a fund manager at Jupiter AM. Content and delivery a little more restrained than some of the videos posted here in recent weeks; Ned is at the sane/professional end of the PM-bug spectrum.

https://www.jupiteram.com/latin-america/en/professional/insights/gold-renaissance-investors-rediscover-the-power-of-gold/

[Despite the title, he talks about silver as well as gold]

“Two diverging schools of macro thoughts are prevalent today. One calls for a “Roaring 20s” redux while the other believes in a forthcoming liquidity crisis. Both narratives have valid points and flaws. We find ourselves right in between the two. Let me elaborate...”

https://threadreaderapp.com/thread/1378033339706318850.html

TR1 report goes to the issuer (AVCT) within two trading days. Issuer then has another day to disclose it to the market. So anytime from now to Wednesday.

Industry insider here. Livedataccount is correct. If there was no change in beneficial ownership a transfer between two portfolios wouldn’t have been reported by the exchange. This is a trade not a transfer; the “internal transfer” hypothesis set out in this thread (& others) should be disregarded.

2 days to report a TR1, so (if there is to be one) it could arrive on Tuesday 6th.

I’ve looked at this trade, and confirm it’s not possible to determine whether it is a buy or a sell from the information available at this point.

£23.5k is a lot of money for many people, but frankly loose change for many investors allan30. I don’t think a £23.5k trade signifies anything.

Agreed.

Why do we never hear about market-makers stiffing PI’s by hoodwinking them into overpaying for shares..?

Good point.

Unusual for a posh shepherd to live in a hut.

ForrestGump - I'm sorry you're too busy to explain your thinking. I was hoping to learn from you. Global macro is such a fascinating subject...

ForrestGump - that doesn't in any way answer my question. It looks like nothing more than an expression of your desired outcome.

I am asking you to explain WHY the US will sede reserve currency status as you propose. You say that the Democrats have already agreed this with China. Why? What are the rewards for the US of doing this? Or - if this isn't driven by reward - what pressures will they alleviate by giving up reserve currency status? Is China really going to open up its financial system in the way your proposal would likely require? Do you think that reserve currency status is conferred by governments or by the actions of millions of people worldwide? How can SDR's - which have no direct call upon the productive capacity of any economy - possibly work as an alternative?

Your thesis jumps from an assertion "...the Democrats, and their friends in Wallstreet, have already agreed to share Reserve currency status with China via electronic Special Drawing Rights." to an outcome "Won't the world pour their money into Gold, Silver and e-coins during the massive upheaval to the global monetary system?" without any explanation as to why, how, when etc.

Can you help us better understand the journey?

ForrestGump - can you explain who that will help, and how please?