Member Info for winchpete

The MMs will take advantage of fear of the new variant being spread by the media to scare weak holders into selling on the basis they think that if they sell today they will lose less than they would do selling on Monday. If you believe NEX is a good company ignore the scare tactics and hold.

Now we know why the sp suddenly dropped in the last week.

We need NEX to remove the uncertainty over the SGC merger. They said it was "compelling" but the process drags on. Now in week 10.

Garonne - as you are clearly very unhappy with this company why don't you sell and move on?

CHRI55 - If anyone is deluded it is you and your fantasy buy orders at 72p and 68p.

The RNS Seems to have re-established the link between the SGC sp and the NEX sp that was broken just before the close last Friday.

All travel stocks went up at the same time!

It doesn’t of course say a deal will happen but it seems more likely than not.

Whatever happens they are certainly making a bit of a meal of it. I hope SGC aren't overplaying their hand and NEX get tired of it and walk away.

If due diligence by NEX has not revealed any unpleasant surprises and the two founders of SGC have not over played their hands, I am guessing 0.4 NEX shares for each SGC share.

I was worried by the drop of the sp just before the close on Friday. It certainly wasn't justified by the ratio of sells to buys. Some suggested it was because the market had heard the talks with NEX had failed. However it is encouraging there are no reports in the media over the weekend about the talks on the verge of break down or NEX walking away.

The sudden drop seems bizarre. I can't see the big volume of sells that would drive the price down in the last 30 minutes of trading.

I think god will only rise when people get their fingers burned when the crypto bubble bursts. My worry with POG, apart from various governance shenanigans, is the collapse in the iron ore price and how vulnerable it could be to pay the loan guarantee..

It seems to me that in order to have 'skin in the game' with the consortium taking Barryroe forward, PVR will be carrying out a huge placing before much longer. I suspect that, as usual, the long suffering small shareholders won't get a chance to be involved in that.

The problem for PVR and other oilers is the politicians believe the data.

The shenanigans in POG over the last 2 years seem to blight other companies. IMHO some serious manipulation is going on there. However many shares are bought each day, any rise is smothered by an apparently endless supply of sells however low the price gets. At least the shorters will have to close at some point and with 6% of the stock on loan and 29% held by one investor, there is quite possibly going to be a major bear squeeze at some point.

Disappointing reaction. Imagine what would happened if the results had been downbeat!

Doubt it. They still have a pension fund deficit of about 1.5 billion. Any purchaser of CNA would have to make good that deficit.

RR does not just supply engines to airlines that operate to/from the UK although I admit the sp is behaving as if it does.

Same with me. The days of continuous upward trends are over. I bought at 1.06 and sold at 112.00. Will repeat if the opportunity comes along.