Frontera Share Discussion Threads

[thefozzer] 19/9/2018 10:30

Relax Loggy,

Like I said, it's all about to come out in the wash...

YA, the 2 MAJORS and flow rates....not long to go.

I've not inside info, anything is possible in my mind.

[loglorry1] 19/9/2018 10:24

@fozzy why don't the bulls just ask if FRR made cash payments on time. It's a simple question. I'm guessing many have and have received radio silence.

[wshak] 19/9/2018 09:58

tickboo,

There won't be a court case, I'm sure they will put this behind them and focus on what's really important - rinsing retail holders.

[tickboo] 19/9/2018 09:46

That's a little far fetched. Maybe they can sue but it won't be for that kind of sum. I hope they reach an agreement out of the courts which will be less expensive and damaging.

[thefozzer] 19/9/2018 09:35

I wonder if FRR can sue YA? For $2.6m perhaps

[ccr1958] 19/9/2018 09:29

Me too, but obviously not holding breath,a lot of scum involved with FRR .

[thefozzer] 19/9/2018 09:26

Yep.

Looking good in my honest opinion.

I hope AIM investigates and the FCA.

[ccr1958] 19/9/2018 09:24

The market is half awake to that fozz !

[thefozzer] 19/9/2018 09:23

Well let's just wait and see. It's not looking good for YA right now.

Like I said I think Zaza has an ace up his sleeve.

Two Majors and decent T39 flow rates perhaps?

[ccr1958] 19/9/2018 09:19

Only one liar in the house where are the others ...?

[bumpa33] 19/9/2018 09:11

I rest my case...

[ccr1958] 19/9/2018 09:02

Moron alert !

[ccr1958] 19/9/2018 09:00

MMs also lieing ref trades again.

[bumpa33] 19/9/2018 08:58

There are some seriously stupid people on this thread...

[ccr1958] 19/9/2018 08:55

Oh dear dear dear ,I go back to sleep for a couple of hours and the picture becomes clearer,but some of our posters are in the manure ,too busy buying stock to try and correct their lies and illegal shorting .

[wshak] 19/9/2018 08:53

thefozzer,

Since when did Log or I ever become experts in Securities Law? Or you for that matter?

This spat is all very amusing - I suspect that YA are going to make a loss as they won't be able to get $2.65m from FRR shortly - but why would anyone think a one or two day rally on the back of mug buying is a good thing?

The money is still owed - that isn't in dispute - and FRR have no means to pay. That isn't good for shareholders.

Incidentally, this is what i've previously written on death spirals when discussing CTAG:

I've mentioned previously that a price support operation is in place with CTAG. I know this because I've often taken advantage of support operations to dump stock on those that are trying to give an indication of strong buying interest in a stock when, in fact, they want to sell themselves.

This is how it works, assuming no major news:

1. Assuming shares at trading at a spread of 7.5-8p, and you have millions of shares to sell, place a bids in the market of, say, 250K at 7.5p and 250K at 7.6p. At the same time, show an offer of only 50K at 7.9p. This gives an impression of strong buying interest, and little stock on offer.

2. Those who wish to sell are discouraged from selling (if they can see market depth if using a proper broker) as the market looks strong. Meanwhile, the entity who has put support in place at 7.5p, slowly drips stock out in clips to retail buyers at, say, 7.9p. There won't be any increase in the share price whilst the large seller is there (if he's not too greedy) but he will slowly absorb 50K buys here, 20K buys there over the course of the day. It all adds up.

3. Problems arise if someone spots that there is a support operation in place and simply hits the bid in size, say 500k at 7.5p. The seller has ended up buying 500K shares when he wanted to sell! Oops. At this point, the seller has to either reload the bid or accept that the seller has sufficient size to hurt him and he has to react.

4. The seller decides to re-base his support operation levels at, say, 7.25-7.75p. He places a large buy order at 7.25p, and starts supplying stock to retail buyers in small clips at 7.6p. Over the course of the next few hours, he looks to sell 500K to the mugs at the price at which he was forced to buy at in step 3. If he is looky, he might make a tiny profit on the shares he was forced to buy.

5. Back to step 1, but at a new support operation of 7.25-7.75p. If the seller gets hit again, he has to either show size to scare off the major seller who has spotted the operation is in place, or re-base again.

6. Every now and then, remove all bids and offers, to allow retail buyers to drive up the price again. AT the first sign of blue, especially after days of grinding down, day after day, the bulls will get confident again and claim that the stock has "turned". The seller will then re-appear, and start supplying stock again at a higher level.

7. When "positive" RNSs are released, remove ALL bids from the market (there is no need for support) and simply sell as many shares as you can to the mugs. The seller will be competing with others (like me) who recognise a rampy RNS for what it is - a promotion. There is usually room for us both, given the volume on offer, so we can be friends for a while. Once the buying dries up, or you have exhausted their appetite, revert to step 1.

This game of peek-a-boo is very typical for a stock where there is a huge overhang, and especially typical of death spiral finance. Ultimately, however, the sheer weight of shares that are available for sale will take the shares down on a steady basis.

The trick is to keep the shares as high as possible for as long as possible, but to be realistic about having to re-set levels at which buying interest will come in again.

Here endeth the lesson on the market on spivvy AIM companies and death spiral finance

[loglorry1] 19/9/2018 08:50

@fozzy you are just quoting FRRs claims. YA will say they had the shares as per the conversion notice because they failed to be paid in cash.

Do you honestly think YA would enter into a contract with FRR who could then just not pay them cash and also prevent them from taking shares instead?

I suppose it's possible but YA would be complete clowns and that's not the case.

The only other option is YA were paid in cash but if so why doesn't FRR just state that in the RNS?

[thefozzer] 19/9/2018 08:46

Loggy,

Can you answer this, if YA sold shares they didn't legally have then is this illegal?

Cheers

[thefozzer] 19/9/2018 08:25

Lol, of course Loggy. That's all "Fact"

It's not looking good for the shorters.