Diamondcorp Share Discussion Threads

[wisecat2] 24/5/2015 11:36

Results must be due soon

[hpcg] 20/5/2015 10:00

This gradual step wise chart is ideal. No decisions to make about whether to trade a spike, price doesn't get over extended, price rises are not off putting to either new buyers or accumulators.

[darcon] 20/5/2015 07:24

Those are good points you make.

[wisecat2] 20/5/2015 07:19

Anyway there is decent two way trade building a good bridgehead in the 11p's. We have results in the next week or so, DD completed soon on the royalty deal and hopefully a good resource statement to come. All feels good

[wisecat2] 20/5/2015 07:11

Agreed but a broker may
have a block trade to sell 1.5m shares above 11.25p and funny enough completed and reported Friday. Maybe....

[darcon] 20/5/2015 06:48

DCP's 14 May announcement states that the 5,000,000 new shares will be admitted to trading on or around Friday 22 May 2015. Darwin will presumably close their short (or call it a hedge if you prefer) either on Friday 22 May or in the week commencing 25 May 2015. They will then be required to notify the FCA shortly thereafter.

There hasn't been any change in Darwin's short positions disclosure as at 19.05.15 according to the "Current Disclosures 19.05.2015" page on the downloadable excel spreadsheet. It still shows a short of 0.94%. On that basis I don't think the trading activity since the announcement reflects additional selling by Darwin (assuming Darwin weren't holding DCP stock to trade) because they would have had to update their short selling disclosure.

[wisecat2] 18/5/2015 15:55

technically they are now long and thats probably them selling in the market

[darcon] 18/5/2015 12:07

More seriously we are still waiting for Darwin to notify the FCA that they have closed their short. The latest spreadsheet still shows a short of 0.94% which was disclosed on 17.04.2015.

If you have a look in the historic disclosures spreadsheet you can see that Darwin have shorted a number of other stocks and have always reported when they reduced their short to 0%. On past practice they appear not to short for a very long period so I expect we will see a reduction in their declared short in the not too distant future

[wisecat2] 18/5/2015 11:03

haha feels like the mm's are short, shake that tree boy shake that tree

[darcon] 18/5/2015 10:02

Incredible what an announcement about a change of registered office can do to the price ;)

[granitetim] 18/5/2015 08:36

Beginning to get noticed now ;)

[iicb] 15/5/2015 18:01

great week for DCP. it has only just started in my view. certainly no appetite to sell even close to this price.

[riyazpatel] 15/5/2015 15:13

The brokers have these forecasted at 20-25p and there don't forget there fully funded with a deal with tiffanys too. Plenty of good things so not worth selling.

[riyazpatel] 15/5/2015 14:20

Tick tick boom

[iicb] 15/5/2015 14:18

So has the short now gone, hence why we are finally moving up....

[matt123d] 15/5/2015 13:53

Looking at a 25p target here.

[riyazpatel] 15/5/2015 09:22

Nice to see steady rises for once. A lot of interest brewing https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=DCP.LThe signal was triggered yesterday and is doing well :) patience is paying off

[iicb] 14/5/2015 17:23

Nice tick up today, market starting to take notice.

[tiger60] 14/5/2015 15:48

It was a hedge.

Great to see the momentum build

[matt123d] 14/5/2015 15:42

Looking good here.

[darcon] 14/5/2015 13:32

Yes, I think so

[iicb] 14/5/2015 11:14

a good thing surely?

[darcon] 14/5/2015 10:03

It seems Darwin are having to exercise their warrants in order to close their shorts.

[iicb] 13/5/2015 17:27

and so is the price

[iicb] 13/5/2015 00:27

the dots are lining up nicely