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Today 13:21Price: 1.10
Reaper007635 posts
RE: Covert Buyer

Varied strategies being pursued. Shall follow with interest. VGLA
Strong Buy
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Today 12:36Price: 1.10
AIM4150 posts
RE: Covert Buyer

Very sensible strategy to both scale into a share and out again when gains have been made for the very obvious reason pointed out by cd66beta.
No Opinion
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Today 12:34Price: 1.10
happy_hatter1,903 posts
RE: Covert Buyer

SilverTreader - I have noticed the covert buyer is more active on down days, buying into weakness, so to a degree they are doing what you say. If their intentions is to buy over a 100m shares on the open market for example, they will have no choice but to buy in slowly over a long period of time as not to spike the shares which is what they have been doing. Like I say, this has been going on for a couple months now.
No Opinion
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Today 12:33Price: 1.10
cd66beta1,717 posts
RE: Covert Buyer

How would you know today is the day when the sp is at its lowest?

I realise I'm opening the door for Lefty to sneak in, apologies all!
No Opinion
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Today 12:22Price: 1.10
SilverTrader133 posts
RE: Covert Buyer

Never really understood why if its the same individual (I doubt it personally - more likely to be an automated transaction in my view) you would buy 1M one day and then another similar buy a couple of days later.

Why not simply buy 2M on the day when the sp is lowest?
No Opinion
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Today 12:06Price: 1.10
happy_hatter1,903 posts
RE: Covert Buyer

For interests sake, I am now going to document each time a 1,000,000 share buy comes through. I only have trade data back to 21st September but this has been going on for two months now from my observations on Level 2. I will keep a record for those interested as it is my firm belief we have had an active buyer for some time sucking up the sells and building a nice holding.

Trade 5) 1,000,000 shares @ 1.09 on 26th September
Trade 4) 1,000,000 shares @ 1.12p on 24th September
Trade 3) 1,000,000 shares @ 1.13p on 21st September
Trade 2) 1,000,000 shares @ 1.12 p on 21st September
Trade 1) 1,000,000 shares @ 1.108p on 21st September
No Opinion
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Today 12:01Price: 1.10
cd66beta1,717 posts
RE: Covert Buyer

I hope you're not reporting buys without Rich T's permission?!
No Opinion
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Today 11:55Price: 1.10
happy_hatter1,903 posts
RE: Covert Buyer

Trade 1: 1,000,000 shares @ 1.098p
No Opinion
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Today 11:41Price: 1.08
Reaper007635 posts
RE: Waiting room

Thanks Kat70 - don't know West Africa ; keen to learn. All very best and VGLA
Strong Buy
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Today 11:31Price: 1.10
Kat70162 posts
RE: Waiting room

Couldn’t make it just got back from along work trip in west Africa that day back out in North Sea allready company struggling to get people but the money rolling in and compared to the slow
Down I’ll take it
GLA
Until the market shows it hand and proper trades are made in news Driven trades I’ll be holding and topping up GLA
Strong Buy
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