From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Supply@Me Capital – was Mercator the big buyer of worthless shares on Friday?

By Tom Winnifrith | Saturday 30 April 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


The question being asked on the LSE Asylum, as well as Twitter, was: who was the big buyer of Supply@ME Capital’s (SYME) worthless shares, at the close of business on Friday?  On 22 April, at around 16.50 pm, there were, according to LSE Asylum’s share trade indicator, three 90 million buys, at £71,410 each, and a monster 285 million buys for £228,000, at 16.35 million.  In total, these buys amount to over £440,000.

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 00:37:56