Steppe Cement Share Discussion Threads

[wilo101] 25/5/2019 15:39

even longer way to go back to the GBP4.26p trade peak, and that was without either of the 2 dry-lines and the subsequent Euors350m of investments.....

[azalea] 25/5/2019 08:25

The offer price of 40p takes the share price back to its 52 week high. However, it has a long way to go to reflect the company's true value.

[mr roper] 25/5/2019 08:03

Well, that was a decent week. Looking forward to moving on towards 50p shortly.

[jeanesy] 24/5/2019 20:32

Someone must be building a big stake ?

[jailbird] 24/5/2019 20:28

There was a 250k@39p and the 114k@40pSeller must clear now I would have thought

[jeanesy] 24/5/2019 20:20

Looks like someone was willing to pay 40p for 114k at the close. That has got to bode well for next week surely :)

[celeritas] 24/5/2019 15:36

A few more for me.

[mr roper] 24/5/2019 14:41

Full offer being paid. Tick up before close?

[sportbilly1976] 24/5/2019 10:43

should hopefully get a rns confirming the holdings sell down shortly (applying a 3-day notification from the trade completing)

[mr roper] 24/5/2019 08:19

Not sure it's a massive issue. No funds in AAZ and it's not suffered to date.

[sportbilly1976] 24/5/2019 08:14

true - but the only liquidity here (aa we approach the £100mln mark for new ones to enter), appears to be when one holder is offloading....there isn't sufficient general market liquidity

[mr roper] 24/5/2019 07:59

Hasn't stopped Apollo picking up near 11%

[jailbird] 24/5/2019 07:55

Fair point Forgot about lack of potential liquidity

[sportbilly1976] 24/5/2019 07:50

jailbird,

maybe - but the liquidity (or lack of) here will be a constraint. Not many Funds like to get in to a stock they then have problems getting out of

[jailbird] 23/5/2019 20:23

At 46p+.., it will be 100m mkt cap

this should bring new funds to buy in?

[wilo101] 23/5/2019 16:41

Fill ya boots as the Ozzie's used to say.....

[sportbilly1976] 23/5/2019 14:46

why excellent?

move the price up to a level you (the MM) are willing to sell stock at and create a market...which is, ultimately is their job

[scottishfield] 23/5/2019 13:47

Excellent.

[mattjos] 23/5/2019 13:31

zero online again

[miti 1000] 23/5/2019 10:54

Added a load more this morning.

[mattjos] 23/5/2019 10:34

fwiw, I have £2.50 target price but, £1 minimum

[wilo101] 23/5/2019 10:23

There were then 115m shares in issue, as you may know, the 4 founders/major holders self-underwrote nd all fully subscribed to all of four rights issues to get the debt down from US$95m at the peak to where it is today, and put their monies where there mouth is, all subscribing in the dark-days of the 2007 onwards GFC.

[sportbilly1976] 23/5/2019 10:10

wilo,

£4.20 then equates to how much today subsequent to share issuances etc?

MM's clearly found a few more down the sofa :)

[mattjos] 23/5/2019 09:57

well said wilo ….. we should be £1 minimum afaiac

[mr roper] 23/5/2019 09:26

Added again today