Many more buys than sells over the last few days and still the price goes down. Shows what a bargain it is but when the big sellers are flushed out and the price begins to rise I suspect it will rise sharply as those who have been waiting for a lower price will all start buying.
As a customer and shareholder for 4 years the level of service has hugely improved and this should be reflected in the share price over time as customers realise that the broadband is much better than before. I am holding as I expect the price to rise as Dunstone and/or other bidders raise their offers.
Very little is shown about Sativa on HL website and you can not trade online through HL but have to do so by phone. So they obviously do not provide the full service for such smaller companies. Sati price crashing down again today and I hope it will pick up in days to come.
Having recently sold shares in Griffin Mining after a very profitable run I purchased 53402 more shares yesterday in CGH at 1625hrs at 18.7034p but this purchase was not shown in CGH shares trades above or by H Lansdown who sold for me. As I long suspected not all trades are shown in the stats. I feel that after a good run there is now more scope for capital gains in CGH in time albeit at greater risk. The name of the game.
I bought shares in Griffin Mining (GFM) some years ago at about 22p and as soon as they started to produce gold and other metals the shares were up to over 100p. They subsequently fell back to about 20p but have now recovered to 52p. I am not saying CGH will do the same. GFM operate in China.
I think MM has large stock on hand as there was much more selling than buying during the last week or so. Let us hope price rises once sales and purchases are more in balance.
If they buy enough shares to be just under the number required to trigger a takeover and wait 12 months or more for price to drift down again can they then make a TO bid at a much lower price which might then have prevailed? Perhaps a risky strategy as price might rise.
HOLD HOLD HOLD and advise on any other chat forums for readers to do the same. Market makers will already hold many shares sold last week so this is not good for prices. Labro etc are biding their time while prices fall due to much selling. You would do the same in their position.
Make sure your calculations of concert party's daily buying rate to achieve just over 50% includes the warrants they hold. I am no expert but it seems to me that their daily buying rate may be lower than many think. DO NOT SELL if you want price to have a chance of rising. If sparkyboy1 is correct in saying " If they do go for a takeover then whatever is the maximum price they have paid over the previous year is the minimum they can offer." then there is nothing to lose unless they abandon the takeover for ever which seems unlikely having gone this far. Daisan seems to know what he is talking about. However it is rather strange that some of the existing directors are making the ?takeover bid. But what do I know?! I stand to be corrected.