Hellenic Dynamics Share Discussion Threads

[oakridge] 28/4/2023 11:02

Whatever the source of stock (and Boxer I certainly think you are at least partly right), we have imho seen a definite shift in trading and price action over the past week or so.

Whilst we will of course still have selling, we have not seen the regular batches disposed of into any emerging support. And given the disappointment of the post listing slump (an opportunity if you are so minded), the stock has actually been fairly well-bought since the listing.

I think the MM's know they no longer have the supply they once had and the price is now much more sensitive to buying, as we're seeing.

A close and hold above 0.12 - 0.125p (which I believe will come, sooner or later) should be seen as a very bullish signal).

NAI etc

[shearluc] 27/4/2023 11:35

First Crop reaching maturity in the next couple of weeks. Volume of trades increasing.

[oakridge] 26/4/2023 11:03

Hi Boxerdogz - yes that is a very credible theory. Good post. If so, the BOD should have some impression as to how much stock, in total, could be disposed of. And just perhaps our next run of updates will coincide with that stock having been all but serviced.

Interesting times.

I've built a decent holding at the lows we've seen but in the not too distant future I may be kicking myself for having not bought more.

[boxerdogz] 26/4/2023 10:07

Oakridge,

It's possible that fees / costs for services for the listing and legal costs might well have been paid for by listing shares and said entity has no interest in holding

[oakridge] 26/4/2023 09:53

Someone had asked on the likely source of the selling since the listing.....sorry I missed that question.

I don't know.

My personal guess is legacy Mountfield / SPC holders who are not aligned with the new direction of HELD.

Perhaps not likely to be the new significant holders of HELD. On the volumes we've seen they would undoubtedly have gone through several percent by now and would be duty bound to notify the mkt. I have no reason to think why they would want to sell either, what with the potential of the company ahead of them. Also, I *think* they are subject to a lock-in period anyway....but I would have to read the listing document again to check on that.

It's logical to think the seller and source of stock cannot last forever....so if meaningful updates from the company coincide with the depletion of the sell side, it should hopefully see a rapid correction in the price.

As I've previously stated, details of revenues and perhaps further supply agreements into Europe should give us a foothold in beginning to value the business.

AIMO ADYOR etc

[oakridge] 26/4/2023 09:38

17.8% up now and smaller buys now able to move the price, as thought.

I've not tried to get any quotes this morning so I've no idea how the limits are looking.

[oakridge] 26/4/2023 09:36

15.5M vol in a little over the first hour and we are 12% up.

Seems to be a departure from the recent price action.

If (IF) the seller has dried up and operational progress is broadly inline with the December prospectus, we really *should* move back to around the listing price of c. 0.3p imho.

The current Mkt Cap is just far too low on what we already know; it should begin to look very undervalued if the company can show it has advanced in Greece as set out.

[oakridge] 26/4/2023 08:44

No time to scour the net this morning for any vague clues (twitter feeds, staff profiles, sector or trial news etc etc). If anyone spots anything please post it. TYIA.

[oakridge] 26/4/2023 08:31

A 1M buy and the MM's are quick to move the price up.

If small buys start to move the price that might tell us something.

[oakridge] 26/4/2023 08:25

An unusual start to today's trading.

10 minutes in auction, a 10% hike in price, followed by a decrease and then a tick up on practically no volume.

One wonders if an RNS is in the wings or whether the MM's have got wind of a finally depleted seller. Should surely see a correction in the price as soon as they are done.

We are due an update. Let's hope it's broadly positive. The next two to three months should see us move closer to first sale, if all has gone to schedule.

ADYOR etc

[oakridge] 22/4/2023 00:17

CEL. Mkt Cap: £261M.
HELD. Mkt Cap: Approx £10M.

An unfair comparison?

Yes.

But not so unfair as to the tune of £251M.

Market perception to change (and gap to close) when HELD become cash generative. Signing further supply agreements into Europe should give us a better indication of growth prospects.

AIMHO.

[jasko] 21/4/2023 23:04

Great watch and very informative. Just reinforced why I've invested here. Thank you Oakridge for sharing.

[oakridge] 21/4/2023 20:01

Worth watching:

[oakridge] 20/4/2023 09:48

Thanks ashley. There's quite a bit out there if people get googling.

HELD have been quite busy on twitter too.

It will soon be the end of April. Year is racing by. Will be interesting to know how they are progressing in Greece. There are certainly some good people on board at HELD now.

Management to be visible in respect of taking up stock at these lows would be welcomed.

[boxerdogz] 19/4/2023 14:42

HellenicDynamics Linkedin

Info there

[oakridge] 19/4/2023 13:01

Fewer trades required it seems before quotes switch to full offer.

Already at 0.114 for just c. 350K shares. Offer @ 0.115.

Just an observation.

ADYOR

[oakridge] 19/4/2023 12:57

Volume building again. 40M before 1 o'clock.

Will the afternoon session see us back towards the 100M mark?

Maybe thoughts are that the source of the stock we've seen over past weeks is finally drying up. MM's will possibly know - especially if they've got wind of the entire order and will no doubt look to increase the price ahead of it finally being worked through.

Speculation only.

I'm unsure but there has been a definite shift in the trading patterns just recently.

[chica1] 19/4/2023 08:35

No Yohoho,Boxer has probably lost his shirt already and is in denial.
Oakridge probably doesn't even care if the price goes up or down, being a paid pundit he presumably got free shares anyway.

[oakridge] 18/4/2023 22:50

free stock charts from uk.advfn.com

[oakridge] 18/4/2023 22:47

:O) ashley.

55,000 kg capacity when fully expanded into P3 (one of the largest licenses granted in Europe).

Total area of site: 195,506 M2. 3.8km perimeter.
Water costs - zero - own water supply.
Skilled and semi-skilled labour costs - amongst the most competitive in Europe.
Electricity costs - c.0.06 euros KWHr.
48 miles to freight airport into all the main cities in Europe.
Term sheets already signed with distributors into primary market of Germany.
First sales anticipated late Q2.

As a new company there is some uncertainty as to operational competence and if the company will hit its first cultivation cycle and so generate revenues as envisaged. So the lion's share of the market continues to sit on its hands.

News over the coming months will tell us how they are progressing and, if positive and all to plan, I feel HELD will rerate from these lows. No 10M batches sold today so we might be witnessing the early stages of a meaningful recovery and back to the kind of levels seen at the listing.

NAI. ADYOR etc.

[ashleyjv] 18/4/2023 15:27

But the site doesn't exist, some bloke is growing 54tons of top grade herb from his shed in Clapham

[oakridge] 18/4/2023 13:42

ps I hope you haven't given up looking for the facility on google earth.

[oakridge] 18/4/2023 13:40

I think we've been 'here' before chica1. I'm sorry to see you're still somewhat infatuated with your entirely incorrect hypothesis. How you elevate me so! But I'm just an investor I'm afraid. If the ability to quickly create a list of bullet points from the recent RNS' and company prospectus qualifies me as paid promotor please tell me where to pick up the cheque. It would be good work if I could get it!

chica1 18 Apr '23 - 13:02 - 169 of 169
0 0 2
Be careful out there it's clear Oakridge is a paid promoter!