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Was the 100k buyer back in again for a few more today?
Buying a 100k block at 2p was a punt, binary bet, risk a few pounds for a huge return.
For the buyer to be buying 100k blocks at 9p must mean there is great confidence in a return. The buyer isn't put off by the possibility of a discounted fundraise coming either. Without success its probably unlikely the buyer will be able to sell any of the shares as the mms can drop the price massively and not buy anytime there's a sniff of a sell off. Same as DGi who are also holding onto their share payments for the work they are doing. They were paid at 4p so could easily take a nice profit but are holding.
It all seems very well managed, feels like there's a lot of confidence of success and it's looking very good for gcm. We've had a but of a re-rate around 9p and its holding well but this will be in the £s at the slightest hint of approval.
Professional you are only on here following wiseowl about for some strange reason known only to yourself.
Jamessss we know exactly your position because your post history exposes how useless at trading you are.
As I say fellas, us at gcm are sat on 1000% rise, and we're holding knowing where its headed. You've both missed the boat with your negativity so just suck it up cupcakes. You can both dream on for your 1:3 and 3p buys! :)
His post history shows he makes losses on every share he invests in. He tells lies on nearly every post he makes on gcm. A bit like yourself! :) So he gets called out on it. Why are you bothered? Is he your boyfriend or just trolls sticking together?
Don't you worry about us at gcm sitting on a 1000% rise. And stop with your 1:3 rubbish.
You must be the worst share trader that pollutes the gcm board! Lol
You should be more concerned with your asos investment - sales down, losses up, management a shambles. Asos is about to crumble, and I've bet on it.
Moving back up.
Wonder if the 100k buyer is making another move today? Are they over the 3% reporting threshold yet?
Mms bid 7.75p for 200k.
They are trying to stock up again!
Whats going on here then? Can only think they are working off a big sell. Maybe get a few late trades coming on and then bounce back. Facts are facts, and the 100k buyer was happy to pay over 9p just the last trading day and nothing has changed.
Mms closing the markets and only bid for small amounts, so panic sellers taking whatever they do offer.
Dustin what are you talking about mate?
The previous issues were with Asia Energy.
GCM are well cemented in Phulbari. The team of 37 Liason Advisers work hard with the locals winning hearts and minds.
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Tang won't be giving GCM up.
What a morning of buying. Mms trying to cause panic to load back up Lol All those stop losses being hoovered up. 100k buyer will be back in this afternoon for sure.
Massive big orders there finally showing.
All these recent buys are a 1 way ticket - they wouldn't be selling them in a hurry if no news comes.
This is not a punt.
Big things are coming for GCM.
Ha ha no Searcher, this is getting rather exciting!
And it's only Thursday. And as we know GCM loves a mad Friday!
BIG LEAPS!!!!
They must be big if they're still working on them! Lol
When news is leaked GCM usually doubles in price in an instant - 20p will be well within range........
As 10p target reached for many to sell. Buyer will wait now then move back in again about later! This is 1 serious buyer and its looking really good here.
Here we go!
Must be a few 100ks getting filled here.
Big leaps coming as the mms need the stock.
Big orders being filled. The 100k buyer doesn't care about the sp as the relentless buying continues. £2 or £3 for the end game target?
More and more stock being taken out of circulation. Price will soon start leaping up in big chunks.
When will the day traders wake up? Lol There's still time to catch the gcm train!
£100m buyout? GCM is the kingpin in a deal worth 100s of $billions over the 30 year life span of the mine, £100m is nowhere near enough.
100k buyer went in, mms pushed bid up to 9.17p settled the buy then immediately dropped the bid back to 8.8p. Will probably stay there until the 100k buyer comes back in later. Why would anybody sell any shares under the value knowing a big buyer is loading up and that the price is being manupulated down?
Good read. Crazy that SP was just around the 1p then.
https://www.google.com/amp/s/www.tbsnews.net/bangladesh/energy/why-keep-coal-underground-while-energy-import-bill-soars-ask-experts-761542%3famp
Crowfoot I think what he means is what the problem always was for Bangladesh still stands, that they never had the ability, skills or technical, to extract the coal for themselves. Which is why the licence was outsourced to a mining company in the first place. Originally the deal was to dig and export the coal and pay Bangladesh royalties. But now they need the coal for themselves desperately, and the government can be involved alongside the mining experts Powerchina.