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After consolidation Riverfort, should have 200,000 shares a year. Assuming they started dumping shares in Sept, they are now halfway, 100,000 left to go in the next 6 months. My belief is: The deal will benefit Riverfort the 1st 6 months, then PCGE next 6 months. We are on the 6 months mark, therefore SP will take off soon
It's a market maker game to get cheap shares. I can sell all mine for 19.07 even though SP has dropped to 19. This will rise once day traders are gone
BP is on board. Woo hoo!
There are sells today but they have been reported as buys. That happens since Market Makers were offering sell price at 1.237 at most today way over the bid of 1.20. It happens a lot when there is a thin spread or sell price is way above a bid.
Somebody bought 70k worth of shares @ 1.30. Wow!
We might not have the news we want but today is an example how easily our shares get taken quickly by our buyer. The £50k is also a buy. Using the same pattern as previous buys, today he has spent £144k on shares.
Confused from the Schlumberger RNS. I am aware they are already our partner and we need 4th partner presumably BP for funding. Does RNS mean what we already know or have they increased the funding and we no longer need BP as 4th partner?
Thanks for update! Time to top up at these level
According to twitter Doc Holiday did the same with CLON last month, speculate placing coming, people lost money but no placing happening yet. His opinion is just his own and is not based on any reliable sources
Doc Holiday on Twitter, the guy who speculate about BP funding rumour last week, is now saying he thinks there will be another placing coming. That is based on entirely his opinion but people are panicking and selling fast. It's good news for our buyer he gets more shares cheaply
I saw it in #UKOG, NUOG yesterday and SRES today. Same has been happening here for weeks. They drop the SP low but it only take few buys for the price to shoot up. Sometimes the buy and sell price is exactly the same. Sadly this share is not as popular that is why Market Maker can keep on manipulating the price. We all know there is a buyer buying big therefore our shares are valuable. With patience, our time will come.
There are 2 of them, one popped up this morning. I think it will be another week where the buyer is controlling the market. I hope he will take us above 1.30 before the news land
Volume 23 mil so far without news, wow! Demand is very high. There is a buyer and seller exchanging trades from 1.15 upward. It's difficult to track which is which anymore. Hope we won't go below 1.10 and we are heading towards 1.20 -1.30 soon
Very odd trades happening at the background. Between 12:16 and 12:35 the buy price dropped to 1.10 to allow 2 trades of 18k each while the sell price remained the same (1.141p). After that the buy price went up to 1.15 while the sell has stayed the same as 1.141p.
You can now sell for 1.135 even with SP down . It does show how MM are desperate for our shares. Too bad the Twitter squad are not aware of how desperate the Market Makers need shares here. We could easily get to 1.5 even before news if people are aware of this thin spread
You can sell your shares at the moment for 1.128 same as the buy amount. Our shares are desperately needed. I believe they still have the background buyer buying at 1.15 but not many people are selling here.
The TR1 does that mean Spreadex have increased their holding, not dumping? If there is background buyer abd Spreadex are not dumping, this is going to get very interesting if news land. MM are very hungry for our shares you can sell at 1.079 today and sometimes they drop the buy price to same amount but not the sell price
Good example is UKOG. Only a month ago it was 1p per share. Now with that monster RNS, it could be worth a fortune soon. I haven't bought that share yet. It does show it is very easy to lose money on AIM and not easy to make some good serious money. Some were quick to exit with 20% profit and couldn't wait for RNS, some were quick to exit after the 1st spike at 2p, some 2nd spike at 3.6, some exited with the loss after Market Makers drop the SP from 3.3p to 2.3p in 2 days. AIM shares trend are never in a straight line. It's impossible to predict where your share is heading the next minute let alone the next day
Sadly the buyer is going to get the amount of shares they want 1st before anything is announced. We just have to wait patiently until they are finished. Fingers crossed not too long to go
If the sp is only worth 1.5p, why was our buyer on buying spree for the last 2 weeks and willing to spend as high as 1.15p per share (Spent 90k on Friday @ 1.15?) What is interesting is, if he is still buying next week and how much he is willing to pay for shares. He doesn't buy on Mondays. There isn't much free float here because he has been hovering most of the shares. Interesting week ahead. Good luck to all SRSP holders, hope our patience will be rewarded