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Looking at the sells in quick session it may be then same seller.
MMs are trying their utmost to hold this back. We should be more than 0.75% up considering Buys are 4v1 against Sells.
Mostly buys this morning. Maybe a good sign.
Probably the ceo and others wants/wanted to get in at a lower entry point! 3 billion project and mcap £11m, absolutely insane.
also goes on to say.......The Prime Minister’s initiative of restarting CPEC construction projects in the wake of COVID-19, has indeed given the mega project a new lease of life.....so i guess it’s business as usual.
also goes on to say.......The Prime Minister’s initiative of restarting CPEC construction projects in the wake of COVID-19, has indeed given the mega project a new lease of life.
You have to understand they are invested too, the sp going down impacts them too. Hopefully will be profitable to all long term holders, soon. ALB
Not just quicker but considerably quicker....... ”developments could happen considerably quicker following finalisation of the Shareholders Agreement.”
another thing to note....the sheikh locked himself for 12months when the sp was hovering around 1p (400% on his investment)....if the sp continues to stay around the current price in the coming 9months, then the question we need to ask ourselves, is he likely to pull out or extend his lock in?....especially when the sheikh so the potential when he was already 400% up...surely he has advisors and contacts provides him with more analysis and insight than what we get to know/read. If the sp continues around these figures, don’t be surprised to see another statement with regards to sheikh’s holdings or a further extension. All imho.
still holding well considering approx 3 times more sells than buys so far this morning. Anticipation of LOI helped the sp to to rise 14% on Monday and then 17% down yesterday...i can see it slowly heading back towards 0.80’s in anticipation of the LOI. IMHO, i still cannot understand why some people are so down following the 12-18month fc statement. As long as the finance is agreed the like many other financial agreement, it does take time to be closed. I.e. banks provisionally agree mortgage loans but it could be time before they pay out. GLA and no need to panic, unless you’re a private trader and relying on a quick buck to make your settlements.
Was there any mention during the call......of when the 10th JCC meeting is likely to take place?.....when we expect the LOI to be authorised/signed off?
I have a works telekit at the same time, so would appreciate an update from anyone who is intending in dialling in.
Conference Call
As previously announced, in conjunction with the issue of this update, Naheed Memon, CEO of Oracle, will also make herself available for a Q&A session via conference call at 10.15 a.m. (BST) on Tuesday 7 April 2020.
To participate in this conference call:
Please dial 0808 109 0701, or +44 (0) 20 3003 2701 if you are calling from outside of the UK,
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Please note that all lines will be muted except for Ms Memon's. The Company invites shareholders to submit questions to its public relations adviser, St Brides Partners Ltd, ahead of the call via email to shareholderenquiries@stbridespartners.co.uk. The deadline for submission of questions will be Monday 6 April 2020, 3.p.m.
Glad to see the sp has held considering the flurry of sells.
I totally agree mrcarrick.
Similar trend appearing....sells are being bought up straight away.
@Lp, yep definitely a lockdown!!! Wuhan authorities have said curbs on travel will lift on 8 April. Read the full article before posting please!
Agree Graphic. Those who are selling may buy back in (hopefully Monday) after they’ve done their profit calculations/adjustments.
I agree, premiums on the bid not on the sp.
@Graphic, so you’re suggesting they are allowing to sell above current sp, 0.825p?