Metalnrg Share Discussion Threads

[cerrosdelaguila] 25/9/2024 15:55

My observation says buys > sells yet share price down . Could interpret this as an overdue healthy pullback before further advance. Wish I could understand how the markets work . Bit of news this week might throw some light. Haven't sold a share here and it's still by far the biggest percentage earner in my many years share dealing . GL holders

[block4gooner] 20/9/2024 16:13

Any week with a rise with no news is a good week for sure

[cerrosdelaguila] 20/9/2024 15:46

Well I'd call that another good week in a fantastic four month run. GLA

[block4gooner] 19/9/2024 11:08

True spread for 250k shares is 0.481-0.4918 also note the bid was 0.45 this morning and is now 0.481 so an increase of 6.6%

[cerrosdelaguila] 19/9/2024 08:13

Yes I noticed that too. Looks like we have strong support at this level. Could be an interesting day

[block4gooner] 19/9/2024 07:04

Looks like I'm correct then.No change bid/ask yesterday but up 3.3%No change bid/ask this morning down 3.3%Why?

[block4gooner] 18/9/2024 19:22

I'd go trick looking at prices of the last two trades.Expect drop in the morning especially as bid/ask hasn't changed all day

[cerrosdelaguila] 18/9/2024 16:08

Is that an unexpected tick up at the end or is it another MM trick ?

[cerrosdelaguila] 18/9/2024 09:10

My system says that you can buy 3million but sell 9 million. Make of that what you will .

[7rademark] 16/9/2024 15:47

News tomorrow would sort the limits.

[cerrosdelaguila] 16/9/2024 15:23

Support level is 47. So...... as always I'll hold , perhaps see a drift, and wait for news. I'm sure the next corporate update will be positive snd don't want to miss out on the next leg up . Presumably a holdings RNS this week . GLA

[7rademark] 16/9/2024 15:22

Current limits buy 116m

[7rademark] 16/9/2024 15:09

It's just speculation of course and an educated guess but I'd expect the share price to drop into the close or a.m tomorrow.

[7rademark] 16/9/2024 15:05

Yes so during the recent rise a buyer/buyers have been on the books. It was near impossible to buy from .38p to .45p. This morning the buy limits were tight. Then there was suddenly 130m available to buy online in one shot. With a limited sell amount. It suggests the buyer is finished for now or pulled the buy orders hoping for the price to drop to buy lower.

[block4gooner] 16/9/2024 14:34

Buy 130m shares?I do not understand what you are saying so could you explain please?

[7rademark] 16/9/2024 11:27

Odd this. You can now buy 130m shares online. That's not indicative of a buyer in the system. Either it's mm games or we may see a correction in the share price soon. Perhaps an opportunity to add more shares if so.

[7rademark] 16/9/2024 10:11

Caught up now 49.5p to buy

[7rademark] 16/9/2024 10:08

I would think that's likely. The mms are trying to keep the share price down by dropping the bid and ask aggressively. Advfn is behind again as its .52 to buy in quantity and .4715 to sell.

[cerrosdelaguila] 16/9/2024 09:49

I'll wager there'll be a holdings RNS this week

[7rademark] 16/9/2024 09:32

There's a buyer / buyers here wanting stock and lots of it. The problem is there's not much about.

[cerrosdelaguila] 16/9/2024 08:47

Good morning holders. Do I detect a wry smile out there. To last week's sellers............ Sorry :). !!

[cerrosdelaguila] 15/9/2024 19:03

Could be there before mid October imo

[block4gooner] 15/9/2024 16:53

I'm hoping for 1p before rns announcing the mentioned copper RTO the x3 but I'm an optimist :)

[cerrosdelaguila] 14/9/2024 21:34

Hi AllIf you YouTube ' Metalrng plc, strong momentum, there's a charter's view of the stock. Very interesting. It shows support levels at 0.37 and the 0.7p,but shows possibilities of between 1p and 1.47p should this momentum continue

[block4gooner] 13/9/2024 20:24

If you check the chart there were higher volume days in June