Woodburne Sq Share Discussion Threads

[xcap] 14/3/2012 20:36

Judging by the past week's activity, agree with your last sentence keya5000

[xcap] 14/3/2012 20:35

thanks marab.
post 1077 refers

[keya5000] 14/3/2012 20:34

I think the majority of PI's who are buying here are in for the medium long haul.



The MMs may get a bit of shock on this one, especially if we get positive news.


Unless they have a line of stock that they know they will get I think they are playing a dangerous game.


I dont think a little shake will get the guys on here worried too much.

[marab] 14/3/2012 20:26

xcap - 'where are they getting the stock'. I've been wondering the same thing and there are only 3 possibilities imo. Someone has in a large sell order, those that bought under 3p are taking a good profit and have no long term interest in the company, the MMs will try and frighten people out of their stock tomorrow by dropping the bid.

I don't know who is left that might be selling a lot of shares if MK is keeping his. I would never blame anyone for taking a profit, and anyone familiar with the history of WSAG/DXR might well lack confidence despite the change of directors and controlling interest. MMs are well known for dragging down prices after a spike, and while they may get a few that way tomorrow I think a lot of us are holding for a better share price than today's.

The rest of the week should be interesting, but if the share price is going up because of news leaking it will be something to watch out for in the future. It could just be the case that a few people buying has pushed the price up due to shortage of free stock.

[xcap] 14/3/2012 20:25

".....Woodburne anticipates further increasing its stake in Graphmada over the next 12 months.

Graphmada is an advanced stage graphite mining and production company with operations in Madagascar. The Republic of Madagascar hosts some of the highest quality flake graphite deposits in the world. Graphmada expects to begin production toward the beginning of the second quarter with the current plant capable of producing approximately 12,000 tonnes per annum. Graphmada boasts an extremely experienced technical and professional staff and Woodburne will be working closely with the Graphmada team to fulfill its goal of becoming a low-cost producer of high-quality flake graphite for the expanding global market"

timely reminder to new investors here of the 12 Jan 2012 RNS

[jojo_jo] 14/3/2012 19:34

Looks like someone knows the outcome of the Madagascar visit, and it's good news. Hopefully we've upped our stake to (at least) 30%. That would give our investment in the Graphite miner a fair value (based on its peers) of about £15m. See earlier posts by engelo, xcap, etc for the sums. Add a conservative £2m for everything else and we'd be at £17m, or 6x where we are today.
I don't think a 30% stake is an unreasonable expectation - it's already been flagged, just not so soon.
Only 64m shares, and everyone's holding tight because this could well be a £200m+ company in two or three years.
IMPO/DYOR.

[xcap] 14/3/2012 18:46

on the basis there is no AT/on line stock left to sell, someone has to explain to me how the MMs selling works. if they are selling stock to us, where are they getting the stock. if they are borrowing the stock from the company then they must be looking to buy back at much lower prices, in which case are we to see share price edging lower tomorrow for MMs to bal the books and make a profit??? don't understand

[xcap] 14/3/2012 18:08

Keya5000 this has been a week long buying run, on no news imo why would it stop tomorrow, Friday .......

[keya5000] 14/3/2012 18:00

500,000 bought today and no sells.

A repeat of this would be interesting in the morning.

[xcap] 14/3/2012 16:47

Imho can see 6/7p in anticipation of news, and on (positive) news it being taken over 10p

if we are still holding some of the good silver plays then who knows..

[marab] 14/3/2012 16:39

63 million shares, 33% in director or Consmin hands, a fair few of us here have got around 1% or more, not a lot left for people to play with. Directors in Madagascar so hopefully good news on their return. Could be interesting here in the next couple of weeks.

[ro5enberg] 14/3/2012 16:33

4.375 close, up 16.67%.

All this action amounts to market cap now just over £2.5 million.

We have a very very long way to go up.

[stu31] 14/3/2012 16:31

hir unfortunately your friend didn't listen to you about ggg lol

[xcap] 14/3/2012 16:30

buy @ 4.83 = 36492

[xcap] 14/3/2012 16:25

when i phoned Friday and Monday out of 3 MMs only one had stock to sell (the others were buyers). Maybe holding a small amount from the TW sellout? but I am out of my depth here

[knowsleyman1] 14/3/2012 16:22

How the hell are the MMs going to fill these buys????

[keya5000] 14/3/2012 16:20

4.27 to sell, must be due a tick up to 4.5 soon.

[wh1spa] 14/3/2012 16:19

thanks for pointing out the error,
but at this rate may not be that far away L2 6-1

[keya5000] 14/3/2012 16:09

Hellisreal, Friday morning???

[keya5000] 14/3/2012 16:09

Wh1spa you can sell a few for me at that price....

Lol.....

[hellisreal] 14/3/2012 16:08

lol when ?

[keya5000] 14/3/2012 16:08

Just imagine what will happen here if we get some positive news, no stock available and those who are holding the core know double figures only represents the expected current NAV.

This could double with ease.

Ramp over.

[wh1spa] 14/3/2012 16:07

i can sell 200000 at 4.25

[hellisreal] 14/3/2012 16:06

4.75 just paid

[xcap] 14/3/2012 16:05

@ 4.25p mcap = £2.71m, the upside is crazy (imho)