Member Info for stockdale

Stop losses plucked.

Yup. Classic drop in the SP to catch stop losses to fill an order. Seen it many times here, but just at lower prices previously.

The SP is having difficulty gaining traction currently. I believe some are looking at 4p+ and thinking it's looking expensive compared to 3.95p. That's just psychological. In reality the current SP is extremely cheap for the billions EUA has in Palladium. When passing 5p those will look back and see how cheap it is now. Just look back at 3p now.

Some are also waiting for the interview and don't wish to be caught out. To quote Share Talk who carried out the interview: "Excellent interview conducted by @ZaksTradersCafe with Dmitry Suschov".

Hilarious jippy. Not.

Head in hands - again

I'm sure Dimitry will be wanting the company MCap to rise to a level more in keeping with any possible offer price. Currently the SP is way off that. Currently any prospective buyer would be looking at the MCap and wondering why they would have to pay so much more. Of course the value of the PGM minerals is why but the MCap at it's current level may be guiding some companies to making low offers.

We've no idea how the interview will influence the SP. If Dimitry is positive and reaffirms what we already know then it should be positive for the SP as the market runs on sentiment and confidence. There's no reason why that should be reduced now except for a general reduction in interest as we wait for news. An RNS is only required if new information that may influence the market is introduced. That is all.

Almost doesn't matter if it's a buy or a sell. The SP tells you what the market position is.

Depends when the interview is. If it's after hours tomorrow an RNS is just needed before the market opens Monday morning.

That's just the current upper figure on the HL spread. You'll pay less.

With the Dimitry interview tomorrow this should crack 4p this afternoon and move higher.

If you recall it was the derampers clutching at straws who criticised his accent. It was one of their few reasons of 'concern' about the company.

Only an issue if, like a house, you had to sell the lot.

SP closed at 3.67p = an MCap of £97 million. EUA have Palladium worth billions + platinum, rhodium, etc.

Make that each penny worth £26.46 million.

There are 2,646,146,614 shares in circulation, before the latest warrants. Each penny therefore is worth £26.64 million. So £266.4 million = 10p. Etc.

Ok. We're not all legal experts on such stuff. You may suspect that many people aren't experts.

Essentially at it's simplest if they buy at under 4p and then offer 22p a share they also make 18p a share on the shares they have bought now. There may be rules that don't allow them to buy while they're negotiating, I wouldn't know. There may also be ways they can get around that by having an institution buying on their behalf.

No problem with those selling for a profit. Good for them. However those waiting for the final offer (includes me) should be aware the large buys are going to the final purchaser to reduce their final cost, at our expense, as they would already have bought a large part of the company cheaply.

In the meantime the big boys buy up their shares and the PI's lose out.