Dukemount Capital Share Discussion Threads

[pwhite73] 12/10/2022 15:52

Myrmatt - Pump and dump?. The CEO has told you on several occasions over the last three days there is to be a reverse transaction.

MM have to momentarily lift the bid to bring out PI sellers. When they have enough shares to sell down everything goes again. This will be the pattern for some time but with higher highs and higher lows.

[pwhite73] 12/10/2022 15:49

ridingthewaves1 - Suspensions with RTOs are always a concern but it does appear you are likely to make more money from sticking with this suspension and RTO than you would from jumping from stock to stock chasing 10% here and 20% there. But of course the decision is yours depending on how readily you may need access to your cash for other non-trading activities.

[ridingthewaves1] 12/10/2022 15:31

I would buy but it rto comes then suspension comes and I wnt have funds to trade so I'm staying out

[zen12] 12/10/2022 15:28

Yep exactly what they appear to be doing..

[pwhite73] 12/10/2022 15:14

Looking at the AGM and GM results for 2021 I think the company has about 93 million shares left available for issue after yesterdays equity raise. MM appear to be running on vapours unless they are forward selling stock. This is why they are keeping the price steady, restricting buys but you can sell as many as you like.

[shanew48] 12/10/2022 14:41

If it is Arlington as expected then that would be a major company to RTO with?

[inthemix] 12/10/2022 09:58

Was so tempted to buy last night but didn't. The 0.65p subscription payoff is interesting, for them to accept, does it mean that's a fair price? Or did they have no choice otherwise they would get nothing as this would go bust? Regret not buying obviously now...

[dave4545] 12/10/2022 09:13

It's just day traders chasing the spike again, no insiders.

At 8.10 somebody bought 4.328 million at 0.18p and they have just sold them for 0.172p

Volume is just these spike chasers buying and selling again

Anyway that is my lot

[pwhite73] 12/10/2022 09:01

dave4545 - That's true its because they are not clean shells. Some people seem to think because a company has sold off its businesses the listing is a shell. It isn't really because the PLC still holds all the debt and liabilities. An RTO company will have to take them on if the current management can't clear the debt and liabilities before the RTO. This is why these shells remain suspended for so long.

DKE on the other hand will effectively be a clean shell if you read yesterday's and today's RNS. Somebody with money is clearly buying ahead of the RTO.

[zxie] 12/10/2022 08:59

200% today

[dave4545] 12/10/2022 08:41

RTO.

Have you seen all the shells this year, most of them suspended promising a RTO and nearly all of them saying nothing, some have been suspended for years having promised deals with months.

Pump and dump be careful

[zen12] 12/10/2022 08:39

This is no pump fella...for this you need investor acumen which some of have..only very few though lolbut if you you always see rises in p&d terms then I suppose you're right in your own mind!

[pwhite73] 12/10/2022 08:37

I agree still a dog today but it does appear it will not be one for much longer if the recent words of the CEO are to be believed. RTO on the way.

[dave4545] 12/10/2022 08:29

Bloody hell PWhite

You deramp everything else and you are pumping this dog...shocking

[pwhite73] 12/10/2022 08:24

If the 30 million yesterday was a buy then a Tr1 is due anytime soon as its 5.1% of the company's shares. Don't let the MM spook you out with drops trying to give the impression the rally is over and its 'Timber'.

This is going higher.

[1savvyinvestor] 12/10/2022 08:03

Grotesque spread

[zen12] 11/10/2022 16:42

Fantastic day here and loads more to come with RTO just DYOR

[pwhite73] 11/10/2022 15:59

made.com is not in auction from what I can see? Not being able to sell or buy does not mean its in auction. It means MM are not willing to trade with PIs at the moment.