Capital Share Discussion Threads

[ukinvestor220] 21/11/2012 08:12

im just guessing, transparency isnt a word these people understand !!
no doubt they will reveal their hand in due course

[greenroom78] 20/11/2012 19:26

So you think they are dropping it to fill buy orders? That contradicts the theory that all of today's trades were buys. Personally I think the 13k was a sell. Spread was 31-33p dropping to 31-32p not that that meant much because you could buy below the mid all week (31.75p were buys).

[ukinvestor220] 20/11/2012 19:06

if they have a sell order they often will raise the price to attract buyers thinking it is moving, dump the stock on them and then drop it after a few days.

[greenroom78] 20/11/2012 17:09

There was 50k on the bid at the closing auction (@28.5p) with 50k on the offer at 31p.

[ukinvestor220] 20/11/2012 17:04

and another 10K buy at 31p after the close.

[troc1958] 20/11/2012 16:41

Positive Centamin news required re court case to boost CAPD share price as Centamin contributes over 10% of CADP's income. Any distruption to Sukari will impact on CAPD. Centamin confident that operations at Sukari will continue throughout the "appeal", so no loss of drilling time.

I am a bit concerned that the removal of the CEO has a more sinister operational reason. However this and the fear of distruptions at Sukari should already be reflected in the share price drop from 60's to below 30p.

[greenroom78] 20/11/2012 16:38

UKi - I saw. Think they need a new one to generate a bit of fresh blood.

As it is an MM stock it does look like MMs are filling a sell order at any price hence why they'll drop it and sell cheap despite it appearing like there are no sells. Chart looks ugly now with a new low.

[ukinvestor220] 20/11/2012 16:34

they got rid of the CEO yesterday, Boyton co founder will stand in till new one found

[ukinvestor220] 20/11/2012 16:32

another 13K of buys, plus a 23.7K buy at 31p waaaaay over the offer

[greenroom78] 20/11/2012 16:26

Nothing about deleting on ADVFN trades, but they'll probably change it later.

Looks like MMs have a sell order to fill at any price. Hopefully should move back up once it's filled. Would explain why we are dropping on so called buys. Just hope it isn't too big (or the same seller who hit this down from 60p+).

Really needs some contract news or a new CEO to give it a boost.

[ukinvestor220] 20/11/2012 16:02

on sharescope it shows the 30p one in red as a deleted trade

[greenroom78] 20/11/2012 16:00

L2 shows one was at 30p and the other at 29.5p so look like different trades (IMO).

[ukinvestor220] 20/11/2012 15:52

its not even 25K vol - they reported the 15.31.44 3K trade twice

[greenroom78] 20/11/2012 15:49

UK - 13k looks like a sell to me. I'd say today's volume is all sells. 10% down on 25k of volume is nuts though.

[ukinvestor220] 20/11/2012 15:49

they've achieved a 10% drop in the price on nothing

[ukinvestor220] 20/11/2012 15:48

drop it on another 3K sell
not raise it on the following 3K buy

[ukinvestor220] 20/11/2012 15:36

then report the 3K sell twice
30p sell changed to 29.5p

[ukinvestor220] 20/11/2012 15:35

so they have a 13K buy then drop the price again on a 3K sell .....

[ukinvestor220] 20/11/2012 15:02

MMs marking this down on zero trades - what are they up to ??

[junglee] 19/11/2012 10:34

Good riddance considering the lows to which the company valuation has been pushed down. Hopefully with the company's founder taking charge, albeit temporarily, it should be a harbinger of changes and better things to come. dyor.

[masurenguy] 19/11/2012 08:03

The CEO departs !

"In order to maintain the growth of the business, which enjoyed record revenues of over $79m in the first half of the financial year, new leadership is required to build on the significant contribution which Geoff Fardell brought to the Group and to move the Company to the next stage of growth. Jamie Boyton, Executive Chairman and co-founder of Capital Drilling, will act as interim Chief Executive until a replacement for Mr Fardell has been found."

[naked trader] 14/11/2012 14:19

To me these look cheap but very little activity of late. I have watched these fall from 80 pence but can help thinking that they can't fall much further can they?

[greenroom78] 05/11/2012 16:53

I thought MMs were filling an order. Rising on sells is usually a sign.
215k @33p just showing.

[wjccghcc] 05/11/2012 13:12

Perhaps, although it is a hugely cyclical business. It's worth noting that in H1 2010, utilisation was 60% and ARPOR $128,000.