Ffi Share Discussion Threads

[dan_the_epic] 03/10/2018 20:52

It is getting to the point where one or two large buyers will clear this. At which point, bon voyage from one of the top 10 cheapest profitable stocks in the entirety of continental Europe. Always helps when you know someone who works on the ground for the company and who can vouch (to an extent)

Good spot Eagle. Big trades yet again. As typical a lot of the pack will buy when its 40p rather than 32 just because they'll be comfortable the overhang is gone

[horndean eagle] 03/10/2018 20:48

Large uncrosses in closing auction. Some crossed trades which no doubt include the big sell orders of late. Slowly being chipped away.

[dave4545] 03/10/2018 14:04

Uncrossing trades mean nothing to the movement of the real price so despite the fact that 15k was crossed at 34p it's only buying at 32.7p with the mm that is going to move this.

Now 31.25-32.7p and no problem buying size at that price now

[ronwilkes123] 03/10/2018 13:50

What's it looking like now Dave

[dave4545] 03/10/2018 12:54

Think price will rally later as 7500 upwards has to pay full 33p offer

[mister md] 03/10/2018 12:30

Well I suppose if you're investing you just hold on to it, if you're trading its best to wait til its in an upward trend - the additional drop currently isn't ideal

[ronwilkes123] 03/10/2018 12:20

Seen the yo yo pattern many timesOnce smashed you know it's gone

[pireric] 03/10/2018 12:16

They are in a close period, Mister, so execs not allowed to buy

This will yo-yo until the overhang is gone. I've tried some calcs using the trade history (AIMX and XOFF) and reckon max 2.5m of stock left assuming the parties who I think are the sellers want out. At the run rate, would clear in 5-7 trading days max

If Horndean is right, and his explanation seems plausible, then the primary move would happen when the first seller clears. Then the game theory between the two could clear up

[dave4545] 03/10/2018 12:15

Yeah everybody is asking the same question.

A large director buy in one of my other stocks has lifted the price 25% in 2 days sometimes it's all that's needed

Monitor shake, bidding mid price 31.5p, best offer 5000 at 32.75p, 10k or more is full 33p offer

[mister md] 03/10/2018 12:12

why are they not buying now then ?

[ronwilkes123] 03/10/2018 10:50

Patience boys - let the sellers exhaust themselvesInterims in 8 weeks

[dave4545] 03/10/2018 10:39

No holding announcement when tens of millions have changed hands since the results and big drop.

Do not tell me no major holder has not dropped through a 1% threshold here !

33p bid price to buy no quote to sell atm

[tsmith2] 03/10/2018 10:30

yep, looks like overhang still persists

[horndean eagle] 03/10/2018 09:18

It is very weak today. I think the gist of it is that there are 2 large sellers. Its why seller 1 is so loathe to move his level up too much because he knows seller 2 will come in at any moment and take his lunch. Sometimes they disappear but come back as soon as they think they are going to miss their fill. On flipside there is a large buyer out there so hopefully another couple of weeks of churning should clear it away.

[dave4545] 03/10/2018 09:05

Down to 31.095p offer so last 20k showing as a sale was a buy.

Get some highs and lows in this stock, yesterday it looked so good and now it's back
to miserable, no clue to who is supplying this never ending stock ?

[ronwilkes123] 03/10/2018 08:52

Looks set for another big volume day, cant sustain this overhang forever imo

[dave4545] 03/10/2018 08:28

Printing stock again

33.2-33.5p although the bid side is weak. How long can this go on for ?

[the big fella] 03/10/2018 08:26

Many funds cannot hold companies where their market cap falls below a certain level. I have seen 50 mil threshold before. The market cap is roughly that now so maybe that has triggered some sells.

[dave4545] 02/10/2018 19:54

Crazy volume, how many more days of this before it starts to get back in the 35-40p range then 40-50p range

[horndean eagle] 02/10/2018 16:36

Large uncrosses going through at 33.2p rather than 32p yesterday. Slowly being chipped away.

[tsmith2] 02/10/2018 16:36

interesting UT trades at 16:35

[ronwilkes123] 02/10/2018 15:27

8 weeks till interims ?? Now is time to buy

[horndean eagle] 02/10/2018 15:26

Bit premature really re overhang. Liberum playing games. Seller still there in big size. they are just moving the offer higher and trying to get a better price. Still every day the overhang is getting chipped away at. One day it will go.