Watermark Global Share Discussion Threads

[ertugrul] 27/9/2012 13:46

2 shares traded...

[ertugrul] 27/9/2012 10:48

0.1040 - 0.11 current real spread

[ertugrul] 27/9/2012 08:44

Come on WET pass this silly priceGo into 20s and 30s

[moreforus] 27/9/2012 08:33

rading > Step: 2 of 3 - Verify Order
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BUYING 150,000 WATERMARK GBL PLC @ £0.00153
Action Buy
Quantity 150,000 Shares
Symbol WET
Firm Price £0.00153
Quote Time 27/09/12 08:32:34
Total £239.60
Settlement Date 02/10/12
Settlement Period T+3
Market Currency GBP Sterling
Settlement Currency GBP Sterling
Indicative FX Rate 1.00
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Place Order: 10

[ertugrul] 27/9/2012 08:32

Seller is clearly goneTime to move back up

[moreforus] 27/9/2012 08:31

yep

tdw want 0.153 for 250k...

[johnspain] 27/9/2012 08:30

so, they clearly can't have 60m to sell!
bounce I reckon

[scientologyweirdo] 27/9/2012 08:27

Chart looking terrible here.

New lows on the cards soon ?

[moreforus] 27/9/2012 08:26

Trading > Step: 2 of 3 - Verify Order
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Verify Order
Please verify your order details before placing your trade.
Your firm quote is valid for 15 seconds.
If your quote expires, click refresh price to get a new quote.
Until your order is confirmed as executed, the market counterparty providing the firm quote is not obliged to honour the trade. Orders are confirmed on the next page. In the unlikely event of a trade error please check your Order List.
BUYING 750,000 WATERMARK GBL PLC @ £0.001287
Action Buy
Quantity 750,000 Shares
Symbol WET
Firm Price £0.001287
Quote Time 27/09/12 08:26:29
Total £979.03
Settlement Date 02/10/12
Settlement Period T+3
Market Currency GBP Sterling
Settlement Currency GBP Sterling
Indicative FX Rate 1.00
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Place Order: 9

[moreforus] 27/9/2012 08:25

thats what I was asking!

[johnspain] 27/9/2012 08:12

small top up for me.
whatever is happening there is no bad news.
think about it, mri just had an agm, they would be required to mention anythything serious. Jaco just invited people to meet him. he's not going to do that if there were serious problems. more likely the opposite (within the rules of course)

[johnspain] 27/9/2012 08:00

if anyone believes 60m was sold into the market without a known buyer and the price only dropped as it did needs their heads examined.

[peas_n_love] 27/9/2012 07:11

looks as though the interims are going to be tomorrow ( final day for them ). As usual everything done at the last minute,good job I'm used to it with WET else a chap might start to get a bit concerned

[moreforus] 27/9/2012 07:07

Lol marab ...not guilty ..might add today (-;

Err ..told you there was more to report...

I can't believe all of that was filled by pi buying....any truth in the DP buying ...at 0.11p....

[ertugrul] 26/9/2012 22:22

Hopefully seller is cleared now

[bungeetrader] 26/9/2012 22:00

Makes you wonder why....................
Whatever, it's in the price now.

[marab] 26/9/2012 20:54

moreforus - is that 60m sell yours ?????

[adnatrob] 26/9/2012 16:35

Johnspain

Some facts:
WET have not as much cash as they expected (MRI failed to sell the stock and complete the cash part of the deal)
We can NOT be sure, because of the above, if WET will need to raise funds to fund future working capital or investments.
MRI share price might be rising, but it is very illiquid and the facts are MRI had to sell stock at less than 25% of bid price to shift it.
MRI Coal Project revenues for 2013/2014 are in my opinion paltry and I feel sure that further investment will be required to realise any fruitful gains.

Sorry to be negative, but this is how I see it.

[ertugrul] 26/9/2012 15:43

good analyses john

the truth is WET undervalued

[moreforus] 26/9/2012 15:09

JS ..you wascally wamper....

Agree though!

[johnspain] 26/9/2012 15:03

some facts.

wet has cash in the bank. it does NOT need to raise funds. so, no placing or dilution.
mri share price is rising, so value to wet has increased.
wet is earning interest every day on unsold mri shares.
mri coal project will be generating positive cash flows very soon.
wet is still in the mix for amd solution in sa. my belief is wet will get the deal when sa gov finally gets around to it. this will be huge.
at todays price you can buy just the cash for less than it's worth. ALL the rest is free!

[moreforus] 26/9/2012 14:59

Nothing has... Someone wanted to sell and destroyed the price.....not the company.