Current Share Price Talk

Discuss your opinions on the current share price and any technical trends / predictions
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GlobalNomad
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Re: Current Share Price Talk

Post by GlobalNomad »

FYI, on iweb a dummy trade shows 4.355 as a buy price for 100k.

trades at 4.365 on data feed labeled as sells...



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Re: Current Share Price Talk

Post by 28 Days Draper »

The spread at the moment is the tightest I can remember it being (bid=4.25, ask=4.30).

Does anyone with more technical knowledge than me know if this means anything?



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MGXYZ
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Re: Current Share Price Talk

Post by MGXYZ »

I think a tighter spread = more liquidity.

Makes sense logically alongside the recent increase of stock on the market.

Think about the volume - it's so high compared to the recent past that the Market Makers are probably making more money now than when the spread was wider and the volume was lower. They'll be competing for volume so accept lower spreads.

https://www.investopedia.com/ask/answer ... spread.asp



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Re: Current Share Price Talk

Post by 28 Days Draper »

That makes sense, thanks @MGXYZ



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Re: Current Share Price Talk

Post by GlobalNomad »

i think the spread of prices that trades have been executed at have been closer for several days and the listed spread is now reflecting that.



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Re: Current Share Price Talk

Post by sectornitad »

Ok finally my pension transfer happened :)

Just loaded up another 360,000 shares at 4.28p into my SIPP.

Let's see what they will be worth when I retire in 20 years time. Hopefully by then we will at least know what games the company has signed up :lol: :lol: :lol:

Right, thanks Mr Market for waiting for me..... but let's now get this show on the road. Onwards.... and upwards....



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Re: Current Share Price Talk

Post by Sogamla »

Nice sectornitad, you must have over a million shares now?

I hope I can break even at some point in 2021. 25.5 pence is a long way away. I have no funds to average down :cry:



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Re: Current Share Price Talk

Post by sectornitad »

Sogamla wrote:
Wed Jun 24, 2020 11:37 am
Nice sectornitad, you must have over a million shares now?

I hope I can break even at some point in 2021. 25.5 pence is a long way away. I have no funds to average down :cry:
1,860,000 shares at an average price of 5.35p - I own almost 0.5% of the company. Which is either cream-cracker crazy or a very shrewd investment. Time will tell!!!

Given the directors, institutional investor and the CRO have all bought in at 4p, the bank account is full for at least 12-18 months, the IAB Gold Standard has been awarded and somehow Pepsi ads have been spotted in a preview of Dirt 5, I **should** at the very least get my money back somewhere down the track...

But I am happy with my average price.



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Re: Current Share Price Talk

Post by sectornitad »

...hopefully this slightly bizarre becalmed market will not last too long. Three weeks after the placing and for 4 days in a row the spread has not budged one inch even when I drop a buy order for 360k shares. At some point the overhang will run out...



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Re: Current Share Price Talk

Post by lukehold »

Topped up again, before the pay day / pension rush.



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