Diversified Energy Share Discussion Threads

[stevensupertrader] 07/2/2024 17:06

Can someone here enlighten me how no new share was issued in US , yet shareholders in US can buy and sell shares there in NYSE ?
From what I understand , Uk shareholders even through their Uk brokers are not allow to sell their Uk DEC shares in US NYSE due to cross border regulations - so how can this be happening - I guess the big hedge funds and big institutions are allowed to buy and sell Ie one law for the majority of normal shareholders and one law for the big boys to manipulate and make money .

[sg35] 07/2/2024 17:02

Bountyhunter....what are you on about?
Yes, I am invested and have been for a couple of months for a not insignificant amount.
Why don't you read the entire post?? My point was clearly intended to question the level of integrity around DEC share dealings and how little control, we, as smaller shareholders have over this.....nothing to do with 'deramping' and I'm certainly nothing to do whitey (whoever he is)....If you read the post properly, this would be blindingly obvious!
My own suspicion, for what it's worth is that Hutson/DEC are behind these absurd NY/UK price fluctuations/differences; in order to move to a full listing to NY and make a nice profit in doing so, by basically screwing UK shareholders.
I'm not sure of the legality of this but it stinks! everyday the same, depress UK price and then buy in NY....it's not even subtle anymore.
Where will we be by NY eod? $12-13 and by COB in UK tomorrow, sub £9 would be my best guess.

[blue square] 07/2/2024 16:52

In the USA the bid is now
$11.70(£9.27p)
And the price
$11.80( £9.35p)
Could best to buy in USA
while UK is open and sell
late on in the US session

[blue square] 07/2/2024 16:39

As soon as Uk closes
US volume goes down and the
share starts to rise

[blue square] 07/2/2024 16:34

In the two hours both markets
were open
UK traded 120 k shares
USA traded 150 k shares
USA volume will now go down
when london closes.
Not sure how the transfer of
shares work but i guess its
happening
I dont include UT or late trades

[bountyhunter] 07/2/2024 16:18

An interesting theory. Are you invested here? I notice that you only registered your account 5 days ago and that is your 2nd post on advfn with your 1st (also on DEC) ending..

"where does it go....£8,£7,£6....?
It's little wonder London Stock Exchange is in terminal decline. Seriously tempted to take a loss, dump the stock and move on....my money would be safer in a casino; they are better regulated and contain less crooks!"
There's a bit of a casino theme developing here amongst certain subtly deramping posters!

Where's whitey gone, or is he still here having forgotten one of his passwords ;)

[stevensupertrader] 07/2/2024 15:16

I am stilling HOPING ( not 100% completely lost hope ) - definitely I will make my move after div Ie 29 Feb 2024

[bountyhunter] 07/2/2024 15:12

If I was 99% sure of losing from here I certainly wouldn't still be here. What you say is contradictory and makes no sense.

[stevensupertrader] 07/2/2024 15:10

Obviously no one is 100% or 99% sure but I am just comparing an outsider horse of 100/1 has a better chance of making money than this donkey

[bulltradept] 07/2/2024 15:08

Shorting attack! Fill your boots!

[bountyhunter] 07/2/2024 15:04

But still you are by the sound of it, why wait until XD if you are so sure this is going to drop further by then? Maybe you are not so sure if what you say is true although a bit contradictory if you only give DEC a 1 in 100 chance of turning from here?

[stevensupertrader] 07/2/2024 15:01

I have DEC bought last Feb at placement price of £1.0( and averaging down a few times hoping to sell but never able to see this bright sunny day . I have given up on this counter , deciding to cut this huge losses maybe after XD - not easy to cut this huge losses , easy say than done 😞 just hoping others don’t follow my stupid silly move by just looking at the juicy yield - I was then a little greedy

[bountyhunter] 07/2/2024 14:56

>> Putting a bet on a outside horse 100/1 has a better chance of winning imo

So why are you here, why don't you go down the bookies?

[marksp2011] 07/2/2024 14:54

Last night the price dropped c 10% on about 12k shares sold

It wasn't very orderly. There isn't enough depth to make a proper market

[97peter] 07/2/2024 14:47

Stevensupertrader are you invested here or just a downer or paid de-tamper!!

[stevensupertrader] 07/2/2024 14:42

DEC opens in NYSE down 9% .

[stevensupertrader] 07/2/2024 14:42

DEC opens in NYSE down 9% .

[stevensupertrader] 07/2/2024 14:34

DEC in NYSE opens down $11.72 .Another interesting day. Putting a bet on a outside horse 100/1 has a better chance of winning imo

[blue square] 07/2/2024 14:24

60k shares traded US pre market
that is a lot, more the current
daily Average over there,although
the daily average will move up.

[bountyhunter] 07/2/2024 13:49

“The stock market is a device for transferring money from the impatient to the patient.”

Warren Buffet net worth 128.7 billion USD

[bountyhunter] 07/2/2024 12:51

The point is that volumes in NY vs UK are increasing as shares progressively cross the Atlantic which gradually makes the London market less relevant, maybe to the point that Rusty eventually cancels the LSE market listing in disgust. It's not an excuse re market manipulation on the LSE simply an observation that the days for that may be numbered (and ignoring the XD on 29 February).

[justiceforthemany] 07/2/2024 12:23

Volume was higher in the US than the UK!!
Why are we still making excuses for blatant market rigging?

[bountyhunter] 07/2/2024 11:48

Happy to hold along with BlackRock who announced yesterday an increase in their holding to 5.5% on Dec 31st. What was it that Warren Buffet had to say about weak holders and also on fear and greed (quoted by the Oak Bloke recently)?

[97peter] 07/2/2024 10:58

All UK shareholders need to do is hold their nerve and hold until end of the month!!! Let the MM’s sell their shares into the market, and let the buybacks and US buyers, buy their shares. HL, Interactive Investor , Vanguard UK and AJBelll all have at least 5 million each they can sell at 910 to the US and DEC buyback broker, so a win win for PI’s and DEC BB’s. Shaft the shorters and unscrupulous MM’s.

[aleman] 07/2/2024 10:19

It's dried up now. It must be just those with the capability/experience arbitraging the price difference until they come back together - with the US falling premarket in this case. Presumably, the US will still do whatever it wants when the volume returns at 2pm.