Deltex Medical Share Discussion Threads

[gbenson1] 25/4/2024 10:21

MMs are not daft they just stretch the spread generally when the share price increases, there more expensive to buy but still the same price if you sell, win win for them.

[joeblogg2] 25/4/2024 10:15

Had a dream about these other night where I was recommending to others :)

[greedfear] 25/4/2024 09:59

Ask still at 0.14 though.

[nobbygnome] 25/4/2024 09:35

About to take off…MMs caught and short

[bigt20] 24/4/2024 11:25

Thanks gbenson1 and Nobby.

So the mm are having to up what they pay for stock.

Ask and bid are moving up!

[gbenson1] 24/4/2024 11:04

OK BigT20, I'm in Tenerife and my data is limited, the 1.3m trade wasn't on my system yesterday but now it is, having looked at it again and it could be a sell, I would expect a buy trade of that size to be nearer to the 0.137 or higher @ ask yesterday!

[nobbygnome] 24/4/2024 10:25

Yes the MMs must be short…although you can hardly say there is a deluge of buying! A few more big uns and the offer should move

[bigt20] 24/4/2024 10:23

gbenson1 24 Apr '24 - 09:47 - 12115 of 12116

There was a 40,000 share sale but you have confused me re the 1.36m trade.
Having said assume its a buy, you then state there were two late sales.
Is the 1.36m trade one of those late sales in your opinion?

Anyway there has been alot of net buying for a few weeks now, long may it
continue.

[gbenson1] 24/4/2024 09:56

I've mentioned this before, but on a normal trading day ie with no RNS DEMG share don't seem to start trading until about 1030 hrs thought it might be a MMs thing?

[gbenson1] 24/4/2024 09:47

Assume it's a buy, for such a size trade if it was a sell I would expects it to be nearer 0.12, just my opinion, and yes apart from 2 sells late yesterday it's been blue all the way..

[bigt20] 24/4/2024 09:03

What do you think the 1.36m trade was yesterday? A buy or a sale?

Anyway the net buying is good.

It will not be long before the ask breaks 0.14

[nobbygnome] 23/4/2024 14:11

I’m now being quoted 0.1394 to buy even a small amount; the ask is definitely increasing

[nobbygnome] 23/4/2024 13:56

0.1388 paid for 2.1 million shares. Looking promising….

[nobbygnome] 23/4/2024 13:47

Good to see the bid move on just £700 of stock bought. Of course it’s the cumulative effect of the buys over the last couple of weeks and if we get a big buy, the offer should move too

[bigt20] 23/4/2024 09:35

The spread 11 - 14 may confuse people, you have to look at the trades

[nobbygnome] 23/4/2024 09:18

It’s also worth saying that you can currently sell above mid price at 0.1266 so the screen price is a little false

[nobbygnome] 23/4/2024 09:11

Yes and any hint of good news about sales or approvals will propel the price forward very readily. With cash not an issue in the medium term after all the cost cutting, this is a relative open goal at this level IMHO

[gbenson1] 23/4/2024 08:52

Apologise just checked the trades and it has indeed been increasing over the last week to now 0.137, either a senior moment or rose tinted glasses. But as Nobby said very few sells, I think a concerted push of 100k+ buy trades would force the mms increase the sp

[nobbygnome] 23/4/2024 08:25

And more importantly there have been very few sells. A price rise must be imminent….

[nobbygnome] 23/4/2024 08:22

Last Thursday there was a 750k buy at 0.133 then on Friday buys at 0.136 so the ask is definitely creeping up

[gbenson1] 23/4/2024 07:58

Hi BigT20 if my memory serves me right I think that's the been price for over a week now on the 22m+ shares bought, the mms seem reluctant to raise it nearer to the full 0.14, even after so many share buys!!

[bigt20] 23/4/2024 03:36

I see the ask (ie the buying price for us) has creeped up to 0.137 thanks to the buys on Monday.....

[sidam] 22/4/2024 21:59

That will be a problem for UK based brokers. I do not know one that will open account for someone who is not a UK resident. But there should be some local brokers who will buy Uk shares. It might be that AIM is considered too high risk. However, you might be able to prove you are a “sophisticated” investor. I do not think I can help, but I will ask one of my personal brokers.

What is your nationality? If you are UK national and have a house here that would certainly help.

[greedfear] 22/4/2024 21:55

Thanks Sidam, I appreciate that!