Superglass Share Discussion Threads

[gerryjames] 24/12/2015 10:46

Yes, they have. Must fancy it's chances, don't blame them. A nice profit for next year hopefully.

[tromso1] 24/12/2015 10:40

Miton Group adding again. Up to 19.5% now.

[cyberbub] 23/12/2015 19:26

Love it, it might not match...

...But at 4.8p, today's mega-trade does a very good impression of being a bargain-priced 'buy' to mop up most of the millions sold in the last 2 days at 4.65p ??

IMO the big seller has sold at the bottom of the spread, and the big buyer has bought slightly higher, to give the MMs their slice? And a very nice slice too - 12M shares at £0.0015 spread makes a cool £18k for them! They would be very happy to make that commission over 3 days, and would not insist on the big buyer paying the published bid price of 5.5p (I am sure the buyer would refuse anyway!).

I can only assume that the last 3 days' big trades are on-market transactions between a large holder who has decided to get out, and someone else who wants in.

It's all as clear as mud.

No advice intended

[love it] 23/12/2015 16:16

12.2 mil does not seem to tie in with any of the major shareholders holdings just had a look at website ?

[jackbal] 23/12/2015 16:01

There were lots of large trades yesterday as well and day before. Something going on behind the scenes.

[love it] 23/12/2015 15:52

Just be told to watch this one after that massive trade 12.2 million

[cyberbub] 22/12/2015 12:46

All very odd!! I suppose it will become clear soon...

[miavoce] 22/12/2015 12:35

May be large chunks being moved between ii's (or between funds) as they rebalance their portfolios pre year end.

[tromso1] 22/12/2015 12:26

More large trades just going through.

[jackbal] 22/12/2015 12:22

Bet it will turn out it has been tipped somewhere today and I guess we will have to believe yesterdays activity was just co-incidental.

[jackbal] 22/12/2015 12:19

just seems fishy that the mm's manage to get their hands on a load of shares the day before over 500k shares bought in open market. Such an un level playing field !!

[miavoce] 22/12/2015 12:09

If I were the editor of SCSW I'd make this a 2016 NAP.

[brucie5] 22/12/2015 11:39

Yup, I've just tipped it.

;)

[tromso1] 22/12/2015 11:38

Tipped somewhere?

Quite a flurry of buying there.

[brucie5] 22/12/2015 11:37

I think this has been overlooked, but hopefully, not for much longer.

[tromso1] 22/12/2015 11:18

The spread is large but in context to the chart potential not so bad i.e. a breakout from here and there's no obvious resistance until 15p or thereabouts.

[brucie5] 22/12/2015 11:15

Morning Cyber, morning all. Have come to join you with a modest inaugural stake. Chart looks very good for sustained new trend, and insti. buyers on board. Not entirely happy at the spread though!

[cyberbub] 22/12/2015 11:01

Aha! I hadn't actually seen the 09:05 RNS when I wrote my post at 09:20... but it's just a minor tweak to a holding, from last week, so irrelevant to yesterday's large trades...

[cyberbub] 22/12/2015 09:20

Trades that size have to trigger a holdings announcement IMO, by Thursday.

[jackbal] 22/12/2015 08:07

Dont thik they can be rollovers as prices all same. I agree, dont think they would go this long of stock if they didnt feel the future was bright or at least improving.

Still think it rules out the spikes that I thought were on the way but heres hoping i'm wrong! I will add a few more if prices dip on yesterdays activity.

[cyberbub] 22/12/2015 07:00

IMO the MMs would never take on 10M shares in an illiquid micro cap like this, without being certain of a buyer.

[cyberbub] 21/12/2015 23:44

Just noticed the big trades now! In fact 4x identical trades...Weird... The very short time gap between the trades suggests that they are two rollovers? I can't imagine that there have genuinely been 10M sells, or else the share price would have dropped? If not rollovers, then they must have been two sells and two corresponding buys, in which case we should see a holdings announcement this week?Curiouser and curiouser...

[jackbal] 21/12/2015 15:33

Good shout cyberbub. The sellers have appeared. 2x 2.45 million. Might have to rethink my initial view now as one one hand it looks positive that the mms mopped them up at not too far below screen price but on other hand they wont be short of stock in the near term. Might take longer to play out then I hoped.

[cyberbub] 18/12/2015 15:48

Interesting, the limits have switched and now I can buy up to 400k shares, but hardly sell any. Seems like there must be another seller around... For now...