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and as we know, most of it is not only dumped abroad it is not put into landfill as they dump it into the envirnment as it's profitable to do so, hence Middle east etc are now changing to oxo bio degradable by legislation and the plastic and waste management industries lobbys against change to protect their profits, charging for recycled watse and dump it abroad for others to dump in sea and on land ..change needs to happen and SYM is positioned for it ;-)

http://plastic-pollution.org/

https://www.bbc.co.uk/programmes/w172w47fhc51j2m

https://www.independent.co.uk/news/world/plastic-pollution-wave-video-dominican-republic-environment-parley-activist-santo-domingo-a8457251.html

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SYM&ArticleCode=z57uydc6&ArticleHeadline=Oxobiodegradable_technology_statement

http://plastic-pollution.org/

about 4 paras from the end of a long article one of their hopes for the future is...
''A new material, called oxo-biodegradable plastic, does not just fragment, but is consumed by microorganisms after the additive has reduced the molecular weight. It is thus biodegradable. This process continues until the material has biodegraded to nothing more than CO2, water, humus, and trace elements. There is little or no additional cost, as it can be made with the same machinery and workforce as conventional plastic. The time taken to degrade can be programmed to a few months or a few years and, until the plastic degrades, it has the same strength and other characteristics as conventional plastic. Oxo-biodegradable plastic will be engineered to degrade in a short time leaving no harmful residues. ''

and as we know, most of it is not only dumped abroad it is not put into landfill as they dump it into the envirnment as it's profitable to do so, hence Middle east etc are now changing to oxo bio degradable by legislation

https://www.independent.co.uk/news/world/plastic-pollution-wave-video-dominican-republic-environment-parley-activist-santo-domingo-a8457251.html

plastic industry and waste management need to change and stop lobbying against plastic reform and change SYM probably why Friday's drop saw twice as many buys as sells

http://www.dailymail.co.uk/news/article-5309215/Britains-recycled-plastic-dumped-landfill.html

https://www.bbc.co.uk/programmes/w172w47fhc51j2m

you cant make this up and and why SYM sp rose ahead the world needing to change, rather than hot air it is a real problem as recylced plastic in uk and EU does NOT get recycled, less than 50% does the rest is sent abroad and as can be seen lays around floats around etc, and WHY bio degradable is a must going forward and on BBC radio 5 THIS VERY MORNING A SPOKESPERSON JUST STATED USING BIO DEGRADABLE PLASTIC IS ONE BIG OPTON GOING FORWARD...radio 5 at 6.50am

the recyling and wasre management industry worth billions, they mislead on recycle use dump abroad etc and ressit change, there is HUGE opportunity going forward as can be seen from todays story ;-)

https://news.sky.com/story/thousands-of-tons-of-uk-plastic-dumped-across-world-11218595

https://www.theguardian.com/environment/2018/jul/23/uks-plastic-waste-may-be-dumped-overseas-instead-of-recycled

https://www.independent.co.uk/news/uk/home-news/recycling-waste-uk-overseas-landfill-pollution-nao-environment-defra-a8458991.html
todays story about plastic

so where are we after Friday's events and are there any 'trading' aspects to be considered in the sp moves over the past couple of weeks and possibly going forward ?
One important factor that many are conscious of is that shares don't always go up or down simply on the number of buys or sells (a popular misconception) there can often be other factors at play particularly in between news releases, news (good/bad or even incorrect (!) news changes things, as we know)

The overiding view and suggestion from those closer to the trading desk was that after a meteoric rise from around 15p to 33p a short was in play ahead of any expected news, shorts of this size don't guess ime they are very aware of any upcoming news and often begin to close out steadily (over days or a week or two) before potential news arrives or the sp reaches a level that provides a great entry level and buying begins, So to avoid a spike and ensure they don't lose profits they will roll the trades back in gradually. The trading patterns of bock trades, that appeared to trade against any buying daily and a drop from 30p to 18p over such a short time frame with the position of the mm's being of note (Sing in particular ) all suggested the short was in play and as we neared the end of last week it started to gradually close out from 18p, the sp dis start to show signs of rising quickly wednesday 21.5p (20% up from 18p !) maybe a little quick if you have £150k+ to buy back, maybe, who knows ?
Co incidently and I'm no conspiracy theorist, (but always pays to keep an open mind on Aim and when large money is at stake) we had the re run of the old ( approx a year or more old from memory) bbc news story focused on SYM who were given little or no notice as stated and the story was out, incorrect, mis leading, factually incorrect unsubtantiated evidence from a lay person as it turns out (not an expert qualified person) as stated in the following days RNS from SYM.
So that's an unfortunate co incidence or not depending on your position or view, anyway that's what happened, and in reality nothing has materially changed except importantly the share price dropped further on the day from 18p to 15p. A paper loss for many, a real loss for those who sold their holding who were in higher and on the face of it you'd imagine a 27% drop saw a huge sell off take place, you'd imagine .

The figures printed on LSE are never entirely accurate due to the mid price trades, however, it does provide a decent guide to what actually happened on Friday regarding buys v sells and if you look at the trades declared it provides an interesting read .... Trades 424 - Sold 1,992,840 and wait for it...... Buys 4,414,727

Has the short closed out in the storm ? The volume of buys was greater than sells, and the sp did not rise against this buying volume, interesting trading mechanics on a day that suggested a sell off but in reality was not what it appeared. Interesting week ahead ;-)

for some FACTS

http://www.biodeg.org/faqs.html

and as stated in the RNS the errors in some reporting relate to errors in the distiction between the various plastics - "oxo-degradable" plastic is NOT the same as "OXO -BIODEGRADABLE" plastic and that D2W plastic WILL FULLY BIODEGRADE and SYM produce the OXO -BIODEGRADABLE solution ;-)

http://www.biodeg.org/page31.html

While the majority of countries in the world are still arguing about what to do for the best and doing little in the interim to tackle the problem. There are countries in Africa, Asia and the Middle East who have legislated to make oxo-biodegradable technology mandatory for plastic packaging and bags, - because it works.

https://www.youtube.com/watch?v=tQ7ce532BBM&feature=youtu.be

Every nation is trying to adopt eco friendly practices and sustainable alternatives for the betterment of lives. Oxo Biodegradable plastics are one of the essential steps towards achieving the ‘go green’ concept.

Undoubtedly, biodegradable plastics are much safer than non-biodegradable products in terms of non-pollutant sources. This is all possible with oxo biodegradable plastics and there is no chance of producing of toxic chemicals and it's main advantage is its synthesis from all natural sources

for some FACTS

http://www.biodeg.org/faqs.html

and as stated in the RNS the errors in some reporting relate to errors in the distiction between the various plastics - "oxo-degradable" plastic is NOT the same as "OXO -BIODEGRADABLE" plastic and that D2W plastic WILL FULLY BIODEGRADE and SYM produce the OXO -BIODEGRADABLE solution ;-)

http://www.biodeg.org/page31.html

While the majority of countries in the world are still arguing about what to do for the best and doing little in the interim to tackle the problem. There are countries in Africa, Asia and the Middle East who have legislated to make oxo-biodegradable technology mandatory for plastic packaging and bags, - because it works.

https://www.youtube.com/watch?v=tQ7ce532BBM&feature=youtu.be

Every nation is trying to adopt eco friendly practices and sustainable alternatives for the betterment of lives. Oxo Biodegradable plastics are one of the essential steps towards achieving the ‘go green’ concept.

Undoubtedly, biodegradable plastics are much safer than non-biodegradable products in terms of non-pollutant sources. This is all possible with oxo biodegradable plastics and there is no chance of producing of toxic chemicals and it's main advantage is its synthesis from all natural sources

look at all the plastics around the room you are in , or when you go to your fridge etc, hidden components etc, as an example every battery (aa types etc) has a small plastic bag in them astonishingly (i never knew that until recently )and there are so many wrappings food containers, medical products etc it's an almost unimaginably large problem and the industry both plastic and waste management have been and still are resistant to to change..the problems have been dumped on the poorest nations and with China now looking to go green the West/Eu has a problem in what to do and how to adapt, and astonishingly it is the Middle east and Asia that are the first to begin dealing with it, they have to, the debates and journey are just begining and the 'misleading' BBC report did no service to the complex and global issues, however, the current unending of single use and even recycled plastic (it has to be discarded at some point) requires improvement, and SYM is as close to a sloition as anyone currently has, it's commecially viable, it works, it's available and they should push on from here once the dust settles, one good contract or change in legislation from another nation etc and the wind if change begins...at 15p we all have a chance to be in on it ;-).

was this tweet by CEO of SYM, meeting one of the wealthiest folks around and discussing plastic issues ,was it significant that he felt it an appropriate tweet today ? time will tell ;-)

https://twitter.com/surprised_trade/status/1020271613793775616

oxygen exists in water, fish life and plant life need it too, it's less than in the air but oxo bio degrade will still dissolve to nothing, like a leaf, and pragmatically it is the best and only alternative to the mass daily pollution globally ;-)

https://www.symphonyenvironmental.com/opa-summarises-position-oxo-biodegradable-plastic-european-union/

the climate across the world is changing and ...
''These tests included successful exposure in seawater at the Bandol laboratory in France, and subsequent testing at Queen Mary University, London'
The programme showed d2w plastic products being used in the Ivory Coast, where the government is concerned that plastic litter which gets into the environment should not lie or float around for decades. They, like several other governments across the world, are encouraging the use of d2w. Plastic is essential to the people of the Ivory Coast for protecting their food and water from contamination. A plastic ban could cause an epidemic and is most unlikely, therefore an alternate solution such as d2w is required.

We hope that the item on BBC news yesterday is the beginning of an open and honest debate about innovative solutions such as d2w. It is time to stop talking about the problem, and to focus on the solutions, for which d2w is one of a suite of Symphony's technologies that we encourage governments and corporates to adopt."

that has been missed in the reports and misunderstood by some , similar names but not the same product or behaviour as fully explained by SYM once again in todays RNS and in previous reports

SYM ' have submitted detailed evidence to ECHA that "oxo-degradable" plastic is NOT the same as "OXO -BIODEGRADABLE" plastic and that D2W plastic WILL FULLY BIODEGRADE within a reasonable time and much more quickly than ordinary plastic into non-plastic biodegradable materials that will themselves NATURALLY BIODEGRADE IN A SIMILAR WAY TO A LEAF '

thank you, ;-)

These tests included successful exposure in seawater at the Bandol laboratory in France, and subsequent testing at Queen Mary University, London. We were therefore surprised when Richard Thompson of Plymouth University produced a bag which he claimed had failed to degrade. Mr. Thompson is not a polymer scientist, and we were given no opportunity before the broadcast to investigate his claim.Â

Â

As previously reported by Symphony it is correct that the EU Chemicals Agency ("ECHA") is studying "oxo-degradable" plastic at the request of the EU Commission. We welcome this, and have submitted detailed evidence to ECHA that "oxo-degradable" plastic is not the same as "oxo-biodegradable" plastic and that d2w plastic will fully biodegrade within a reasonable time and much more quickly than ordinary plastic into non-plastic biodegradable materials that will themselves naturally biodegrade in a similar way to a leaf.

Symphony's d2w technology was invented to accelerate the degradation process and reduce the dwell-time of plastic in the environment, by adding a catalyst which promotes oxidation and converts the plastic into biodegradable materials. It is essential to understand that it does not just create fragments. d2w plastic can be recycled if collected but degradation followed by biodegradation is there to protect the environment if all else fails. Â

try this link for the info on who and what they do....nice contact or will that be contract ? ;-)

https://en.wikipedia.org/wiki/Hinduja_Group

and puts the record straight...we look forward again .;-)

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SYM&ArticleCode=tse7xhca&ArticleHeadline=Response_to_BBC_Coverage

Srichand and Gopichand Hinduja are officially the richest people in the UK, with an enormous fortune of £16.2 billion.

The brothers are two of four siblings who took control of their family's huge business empire, the Hinduja Group.

also like this bit ''Ivory Coast, where the government is concerned that plastic litter which gets into the environment should not lie or float around for decades. They, like several other governments across the world, are encouraging the use of d2w.' ;-)