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That explains the volume! Avg price of 7p was very impressive. Given your low entry price I am surprised you decide to pull out. This must surely be about as low as it can go. And potential increase IF anything finally gets off the ground has got to result in price being many multiples of 7p?? Anyway, good luck to you and hope you find a good alternative for your cash!
That explains the volume! Avg price of 7p was very impressive. Given your low entry price I am surprised you decide to pull out. This must surely be about as low as it can go. And potential increase IF anything finally gets off the ground has got to result in price being many multiples of 7p?? Anyway, good luck to you and hope you find a good alternative for your cash!
Someone still selling out? When will this end. Dekel tomorrow. More waffle? PAIN...
From 14,000,000 last week to 0 today. Roller coaster... What will hear on Friday? More bla bla bla? Something concrete? Can't wait!
Have you lost the faith Becky? Even if they did have dodgy products back then, does it matter? Kept them alive and now have good offering?
Right - could just be new people buying in now. Another 1M this morning. But WHO are they buying from? And how arre they able to buy such a huge quantity with NO effect on the price? Must be a large ii getting out but have they been waiting there patiently for all these years for Doc Holiday to finally come along and put a bid in for 10M shares? Pretty dumb to seel out at such a low price when news is meant to be imminent? Why? Doesn't make any sense to me.
... and not a word from the company. When typcial daily volume is 100K. What is going on?? The silence is deafening.
I don't know much about the mechanics of the market but these shares must have traded off market between ii and then have been put through the market to formalise. Is that how is works anyone? Simply can't have that many shares trade on normal market with no shareprice movement given that there is usually next to no volume. No doubt RNS to follow. Could be some deal with potential JV partner??
Yes I agree - does seem odd. Can it be two institutions dealing "off market" to echange large volume. Price agreed beforehand so only going through the market as formailty. This could be why market not moving? IMO good to have some movement of sorts for whatever reason. Whoever is selling obviously wants out but the buyer is buying so that is good! Could also be move between accounts of same person - like gifting to kids or moving into trust etc. We have seen large volumes before with material change in company circumstances.
Huge volume compared to normal... and yet price does not move. Either someone is bed and isa or gifting to next generation or some institution is getting out and doing off market deals. How else could such large volume go through illiquid stock and not move price??
Excellent to get some decent coverage and publicity. How may more shareholders out there who want to sell at these levels? Why, why, why??? Come on CGH. DO SOMETHING!!!!
Quite a lot of share deals going through today. What is up? Never smoke without fire? There is always someone who knows something....
Ranked back at 12 again!
Numbers gradually going up but 1R dropped to 13 in US ranking. COME ON 1R!! Wrong direction.
When I said "did nothing to share price" I meant it did not help the shareprice rise which was what we all hoped would happen! Of course I agree falling from 21 to 18 was definitely SOMETHING!! Rusty, yes the full results need to provide a lot more info. Hopefully they have done a very thorough spring clean of the boooks and prepared the accounts for a positive move forwards. If not, I give up.
Absolutely nothing going on here. What is happening? We waited and waited for TU. Now we have it and it was very unimpressive and did nothing to share price. So now what do we wait for? More details on FY results and clearer idea on future? Wait wait wait wait..... YAWN.
More Political upheaval. But apparently parliament had gotten paralysed by some scandel over a Chinese road building tender. Maybe unparalysing is a good thing?
Someone made the point that maybe the reduced revenues are because BM has shut down high revenue/low profitablity components of the business. No point having over-heads tied up with chasing revenue that produces very marginal gross margin and bottom line loss. So perhaps reduction in over all revenue not that important. Obviously profit is most important!
Fair enough alex1621. Of course the future is unknown and only time will tell... But for all those who criticise BM, what else could he have done? Change was needed. He was put in charge. Yes, there was cash in the kitty - but not compeltely straight forward to know how to use it. Short of drawing stumps and giving cash back to shareholders, he had to do something. So he embarked on trying to create a workable beast in this fast developing new arena. He bought suitable companies. Attracted good talent. Focused with a clear plan. Got rid of the dross. Now that everything is put together as best as possible and it is time to see if it will deliver. Personally I commend the effort. Yes, he has got paid for it. But who would do that for free? And no one will care a hoot about how much he got paid if he delivers. You pays peanuts... you gets monkeys. What would you have done differently? (And not using the benefit of hindsight).
Even in the cold light of day (without 4 pints and a bottle of wine!) BM is sounding VERY good. Exciting stuff. The ducks have been lined up. Time to deliver. I agree with the earlier comment that 2015 may have been the year for R1 accountants to use a big broom to sweep away as much of the past as possilbe and to start out with a clean (and profitable) 2016. These things do not happen over night. They require clear dedicated planning. I belive BM has been working hard to get this in place. Let him now deliver. http://www.cmo.com/articles/2016/3/15/full-stack-integration-for-the-win.html