JensonB

Freemason.. Yes, I think you're right. Still, it was a laugh while it lasted!

SP Instructions - Light the blue touch paper and retire to a safe distance! LOL

Just read the RNS and the last paragraph states that under AIM rules they have 12 months from the time of the de-merger whereas on the ASX they only get 6 months. Therefore we've got another approx. 6 months on AIM for them to come up with something before they're suspended. Here's hoping! GLA JB

This makes interesting reading... From Shareprophets.com...Is the bid offer spread and the movement on that spread a reflection of underlying buy/sell demand in a stock? You would have hoped so but it is not. Market makers move prices to suit their book not to reflect underlying demand. My case study here is Minoan (MIN). Last week the shares raced ahead to a 14p mid peak. If one looked at the balance of buys and sells it is blindingly obvious that there were far more buys than sells. Moreover those who tried to trade the stock towards the end of last week found that while they were offered stock to buy at the offer price in lots of only one or two thousand shares. They could sell a real line (50,000) at the bid. That suggests that the market makers were heavily short of stock. By my reckoning “Mr Market” was short of c 1.5 million shares. And so what happens this week? The price has been called lower by the Market Makers. Is that because something is awry? Au contraire as was explained fully ten days ago HERE all is on track. I would expect that the next 4 weeks will see a cracking bolt-on acquisition , an absolutely storming trading statement accompanying very decent FY numbers and critically very material and announceable progress on getting Fast-track planning approval in Crete. So why would anyone sell? Well the Market Makers are playing spoof. If a share has zoomed ahead as Minoan has in recent times (HotStockRockets tipped it at a 6p offer only five months ago HERE) there are bound to be a good number of folks sitting on big gains. 14p was a TA resistance level so pull the stock down by penny and a bit and you will scare some investors into selling. And as a bonus anyone selling now with the spread at 12.5p -13p will be selling to MMs who just last week were flogging stock (so going short) at anything up to 14.25p. Hence this week we have seen, probably, two thirds of that Mr Market short closed out – at a profit for the greedy market makers – by either genuine profits takers or by those spooke4d by the share price slipping a penny. It is hardly a transparent reflection of supply and demand is it? - See more at: [link] Regards, JB