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Strong buying interest today.....what's going on?
GST fundraise.....what a surprised after yesterdays RNS which tried to talk up their story but told us nothing new.
Interesting flurry of trades right around midday indicates some news leaked? Sipeum?
Well said Sharebel....so many bedwetters on here it's hard to see the wood for the trees.
If you lost money man-up, stop crying, move on.
Lastofadyinbreed there is a new website as per the recent company update............
https://www.getcel.ai/
The only rubbish is suggesting market makers would take on 85 million shares in the hope they could off load them to retail buyers. Why would they want or need to take such a high risk...... they would be seriously out of pocket already if it were true and it isn't what market makers do.
Still waiting to hear who bought Matthew Lodge's shares because it certainly wouldn't have beeen the market. RNS due on that. Nobody would have bought all those shares if the company was about to go into administration. Therefore at these levels there is nothing much else to do than wait and see. There are some understandably unhappy shareholders and ex-shareholders on here but I'm going to hold and wait to see what Matthew Edwards is up to.
That's the remainder of Matthew Lodge's shares sold, very predictable. Now we wait for confirmation of who the buyer is....most likely the new CEO Michael Edwards.
From Broomrigg on advfn.....
Trade of 8.5m shares @ 1.525p from 2.09pm reported late (price at 2.09pm was 1.35p - 1.4p)
Lodge still has 13m and hasn't resigned as a director, not yet anyway. Someone bought the 82m he sold, no way the market would sit on them and have kept the price steady as Stims pointed out....the shareprice would have been "nuked". Probably new CEO Edwards bought them and would now have almost 15% so more announcements surely due on shareholdings and new company vision.
The important question is who bought the shares and what are they going to do with the company going forward.
Another 10.5m marked from yesterday
Yes it's been manipulated down this afternoon but it probably is for a reason. Perhaps we will find out why tomorrow in the form of more big trades and/or an RNS........ something is defo going on here, massive volume has gone through over the last week or so.
Another 37m shares marked from last night
I think there's 2 points......
1. The new CEO is most likely the buyer, taking millions of shares, getting a decent stake organised before cracking on.
2. No point looking back crying
I was under the impression Beckham got out a while ago.
Shareholdings RNS surely imminent but perhaps they haven't finished yet....the bigger the better.
Whatever happens the latest 10m went through above the touch price @ 0.52p which bodes well for the share price in the near term.
2 x 10m also reported late (@ 0.47p and 0.48p)
So 50 million shares in big trades reported today.
Makes me think he's still buying and the market is doing what they can to hold the price so that they can book it all. There should be 2 sides to all these trades. The price has been creeping up but if retail buyers start piling in they will have to lift the price more. All looks promising to me.
15th January was the most recent director dealing RNS saying "Michael Edwards holds a total of 10,233,333 Ordinary Shares, representing 1.7 per cent of the Company's issued share capital"
I'm sure most of us believe he is adding at the moment.