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Who knows, would think there is an overhang of stock here.. My guess is there has been some sales trader liquidating a position over the day given the various shapes that have gone through. Wonder how much more is to be disposed?
Market makers are obliged to trade within market size. They buy the stock, that is hardly a "matched trade" which would infer an investor purchase such as a matched bargain market. Market makers are traders in stock as I'm sure you are aware.
For every sale, there is a purchase. It’s a matched market. - Wrong on both counts
"Does the copper price affect the share now again?. It did (fulmars ramps), then it didn't (according to Seis) and now it does again." - Its whatever fits their narrative on a given day. It's really quite shameful.
Chart?......... its a ski slope!
Are we at the top or is there more downside?
"Apparently I missed a post/message to Piggy last night" obviously in cahoots off this board to ramp the stock. Cats out of the bag Foolmar
"so despite all of the evidence… the geophysics, the geochemistry, the high grade drill results, despite Anglo American signing the best exploration JV a junior explorer has secured" ............... The Directors still do not buy any - Seis you're a Joker talking up your losses!
None in the last few years. When will these highly paid guys invest? The deal has been announced. They can invest but decide not to, why?
See the shares are off a tad today. Any idea how many ARC own? Is it still 3m?
"Does anybody really know why the SP keeps dropping? " ............ Lack of confidence in the company leading to selling would be my guess.
Of course, you could also blame it on the MM's! PMSL!!
ATD - you spout utter misleading nonsense.
Firstly spoofing the markets is Market Abuse, a criminal offence, to my knowledge only one MM has been caught for this since AIM started.
The Stock Exchange reports trades, I've heard it all now!!! The LSE is a facilitator. It does not trade report.
There IS a difference depending on your counterparty. If your counter party is not a member firm who reports the trade? I will help you, it is generally the seller. Suggest you read "Obligation to trade report" of the LSE rule book. Specifically sections 3012 points 1,2,3 & 4
Let me know when you have read it and we can move on to Systematic Internalisers.
There you go Smart Azz and please, do stop spouting nonsense!
"my buys on Thurs /Fri and this morning all listed as red...its as if the market makers are trying to deceive." Suggest you read the Stock Exchange Rule book to understand how trades are reported. It depends on your counterparty how a trade is reported. Nothing to do with market makers at all.
They can always sell some Tingo shares if the company needs cash............... Apparently!!
I would wait until the Directors buy. Other than that its a bargepole share.
"When do you predict we hear the first drill results from Zambia?" - Million dollar question if ever there was one. My guess is not this year.
"assets we have"........ a few exploration licences, some (illiquid) Tingo shares, and a bit of cash. I'm with ac123, if there was an offer at 7 - 8p per share only a fool wouldn't have accepted it.
Don’t forget the Tingo shares!…. Lol!
"But might have to buy some more on Monday...." Luckily for you the market is closed.
It almost only trades by appointment. Try selling 3m no chance.