its because of the spread. On high volume days the spread decreases and I have noticed my buys have been reported as sells also.
Another large trade reported after hours yesterday:
25-May-21 17:30:17 34.965 3,305,000 Unknown* 0.00 0.00 1m
Judging from the SP behavior recently could there be another buyer accumulating?
Being a small spread and the price not moving below 35p suggests there is a buyer.
some big buys working there way through this morning.
nice rise this morning. Have you been buying more Ports?!
Nice posts JODO.
For me the key take home is :
- Iluka Resources market cap is €2bn and has a 9% market share P/E of 13
- Kenmare resources market cap is €500m and has a 10% market share and a forward P/E of 6
Good point Pianista - I remember. I also remember those large transaction blocks reported after hours and Gatemore declaring a reduction of 19.9M on the 1st April. Its odd that volume (>3%) has gone missing without a declaration by now that's all. Isnt there a timescale for reporting on AIM?
Your tea leaves are fervent today ken :)
Although this is more important for current shareholders:
https://www.proactiveinvestors.co.uk/companies/news/944918/aviva-forecast-to-dole-out-cash-returns-equal-to-20-of-market-cap-944918.html
Only to approve Directors remuneration.
MMs don't want this going above 440p for some reason.
Not sure of the schroder link either. It would be great if they were buying. But 20M would be a reportable amount. Lombard Odier were reported last to buy a major amount at 30M in early Jan north of 30p. I am aware Axa Framlington have been topping up for their UK smaller companies fund in late march. They now have 9.7M.
I am not expecting news on trading until July and September. Until then expect the share price to drift.
It looks like the sellers have cleared out for now and 440 resistance is broken. I hope this is start of further rises towards 450 and beyond!
Elaine Dorward-King, Chair of Sustainability Committee: "Kenmare remains committed to advancing our efforts to be a responsible miner; focused on the safety and development of our people, as well as strong environmental and social performance. We have also enhanced our disclosure, to increase transparency, and set our first public sustainability targets."
Impacts KMR bottom line but good to see social and environmental responsibilities are considered. Its a green tick for II's as well.
Elaine has also been buying recently.
Doesn't seem to have impacted the share price. Money being moved around maybe
https://www.aquis.eu/aquis-stock-exchange/for-investors/retail-brokers
Suggests HL are already offering online services with AQSE
Hopefully this comes off. I still plan to hold for now.
https://www.investorschronicle.co.uk/news/2021/03/17/largest-retail-platforms-in-talks-to-offer-aquis-link/