Agreed, its a decent RNS. Seems like progress. Let's hope the buyers start piling in!!
Obvs being delivered by the Lesser Spotted JV.
Will dig out out my binoculars!
Likewise, I'm topping up. Don't necessarily think it's cheap at these levels but fair value.
At this rate the illiquid Tingo shares could be their greatest asset!!
I see a sale of 200 (US$490) shares has just knocked Tingo price and a massive 350 shares dealt at 2 and an eighth!
Come on then Foolmar, share some wisdom ;
How do we exit 3m shares of a company with a daily average volume of 16,033 on the Pinks?
As I said before, what is the realisation value?
As always Foolmar, you know better! US$7.5m in pinks, good luck with that!!
Foolmar, if 26,488 shares bought can move the market so dramatically. Think what 3 million going the other way would do. It's an OTC stock. If you could get out of that position through the market and come out with US$500K you will have done well.
I would also want to know if it is restricted stock. My guess is it quite likely could be.
Yes, but what is the realisation value?
This is turning into a dog. Could never understand the rationale behind the WH deal. Footfall in shops through the floor. Should have concentrated more of the capital available on online business.
TW - we obvs come from a different work ethic. I enjoy what I do so why retire? The industry retires poor brokers through their PnL, I've been at it a long time, we're one big family!
Secondly, if you view my first post on this company, it was a genuine question as I considered taking a punt on the shares. Said question was jumped upon disparagingly by what I now can see are rampers, clowns such as yourself and
Foolish29 talking through your losses. That for me is fair game and sport chap! Hence my continued interest in this board. My question was regarding potential litigation, which subsequently the company settled. Albeit, the legal threats were "without merit" ??
I despise people trying to entice people into risky stocks in order to feather their own nest.
It's not inaccurate at all. there are two types - Trade reports and transaction reports, they both have different characteristics. How can they be inaccurate when the whole CREST DVP and Registrar process depends on accurate trade information.
Talking out of your arse - yet again, as it doesn't agree with your narrative.
Foolmar: some learning for you!
a trade between two market makers, the selling market maker reports; and
a trade between two broker dealers, the selling broker dealer reports.
Always remember - you sell you tell. and don't forget the RSP's role in the market. There you go, something else I have taught you! I only had 30 yrs as a city broker but happy to pass on a little market speak to you.
Look forward to your next link to some obscure copper pumping publication!!
The seller trade reports.
*north
Of course, not withstanding all the months since mid 2020 when there was never a doubt they could buy. Perhaps they feel the shares are a bit frothy not of 5p!
Historically under the AIM rules it was two months prior to results, MAR stipulates 30 days. Ultimately the NOMAD will advise the Directors on whether they can or cannot buy.
Information on the deal has been announced. As we keep being reminded on here - it's a done deal, right?
If they are in discussion on a JV which upon completion would be "material" and hadn't announced that to the market they would definitely not be able to buy. In this instance the deal has been announced, largely to include the terms of the JV via RNS, it is therefore in the market and is apparently only subject to DD. They can buy!
NVS & RW combined have received remuneration of Β£1,323,000 for the years ended 20 & 21. Not a single share purchase since July 2020 when RW bought some, NVS nothing since May 2019 when he invested the princely sum of Β£5,819!
If the company has legs why are they not showing faith by buying in the market, or do they expect to buy in a placing or the price to fall further?
In any event, it doesn't inspire confidence.
I don't see why they cant buy. They are not in a close period regarding results and the basis upon which a deal has been agreed has already been released to the market.
As has been mentioned, Directors of this company are well paid. If they have confidence in the company's future performance the best way to display that is to buy in the market.
Let's see?
Presumably at these ridiculously low levels, with the buyers primed to pile in at any price sub 3p (as we've been told - yawn!) and the share price supposedly on a trajectory not dissimilar to a 747 takeoff from St Maarten airport.
Should we see some Director buys soon?