edited by moneyam

That's a strange one then nkirkup because other brokers like Squaregain, etrade, TD Waterhouse allow one to deal in DMR.

Nothing much we can do then if Selftrade doesn't allow you to deal in DMR.

100,000 buy has come through at 0.33 pence from an hour ago.

Another 100,000 buy has come through at 0.34 pence from an hour ago.

Seems the 2 * 100K buys moved the MMs off the 0.35 pence offer. They had to move after the 2* 100K buys and a 500K buy at that price yesterday as well.

Before Christmas:

Current directors with a proven track record of floatations and aquisitions have hinted at injecting / aquiring a south african resources asset. Listed in Bermuda also makes the proposition attractive long-term. Limited stock in free float should the tide turn = sharp price swings. Historically charts indicates a recovery from 'all time low' with positive news flow expected.

Spread 0.28 (500k) - 0.39 (75k).

Level 2:

2 v 2
0.25 - 0.40
WINS WINS
KBC KBC

Another tick up to 0.30 pence on the bid...WINS moved up to 0.30 pence on the bid there, just KBC on the 0.40 pence offer. Both moved up now: 0.30-0.45 pence now, up 36.36%.

Expect to see some delayed buys come through again at 14.54 hrs which is in an hour's time.

Level 2:

0.30-0.45
WINS WINS
KBC KBC

We have just about broken the resistance at 0.35 pence....not fully yet. They think the price will rise to 1.42 pence or more once we do. Stranger things have happened so even computer analysis shouldn't be ignored.

Neutral (Medium term) - Oct 10, 2005 Analysis Explanation
Has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. Has given positive signal from a inverse head and shoulders formation by a break up through the resistance at 0.22. Further rise to 1.42 or more is signaled. The stock has support at p 0.10 and resistance at p 0.35. The poor liquidity of the stock (traded 45% of the days, mean 0.04 mill per day) may weaken the analysis. The stock is overall assessed as technically neutral for the medium long term.

50,000 buy comes through at 0.39 pence from an hour ago...suppose that was the quantity one could buy through their broker and nothing more.

0.30-0.40 pence...little treeshake...will be interesting to see later. Still expecting some delayed buys to come through at 14.54 pence for the last couple of tick ups.

Offer ticking down to 0.40 pence is no good if you can't buy more than a paltry 75,000 shares at 0.40.

Level 2: 1 v 1.

KBC alone on the bid and WINS alone on the offer.

Not seen it being 1 v 1 before....so just maybe KBC may have an order on their books to fill.

75,000 buy comes through at 0.39 pence from an hour ago...

Another 75,000 buy which was the online max buy limit also comes through at 0.39 pence.

A 500,000 sell at 0.33 pence bought the offer back to 0.40 pence....they might just regret it whoever it was as it is vitu impossible to buy that many even at 0.40 pence.

2 sells....a 250,000 sell at 0.31 pence has also come through from an hour ago....so sells much greater now than buys today and yet the price is comfortably up...bodes well.

Today:

Buys = 400,000
Sells = 750,000

Level 2
0.30-0.40 pence
KBC WINS
WINS KBC

Online quote is 0.31(300k) - 0.39(75k)...looks like majority of todays gain to be held.

Festive Season Soon:

New Investtech Update from Yesterday:

Neutral (Medium term) - Oct 24, 2005

Has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. Has given positive signal from a inverse head and shoulders formation by a break up through the resistance at 0.22. Further rise to 1.42 or more is signaled. The stock is testing the resistance at p 0.35. This should give a negative reaction, but an upward breakthough of p 0.35 means a positive signal. The poor liquidity of the the stock (traded 64% of the days, mean 0.09 mill per day) may weaken the analysis. The stock is overall assessed as technically neutral for the medium long term.

http://www.investtech.com/main/market.php?CompanyID=44102694&product=4

Summary:

The Directors are examining new projects to be injected into the Company, but it remains difficult to conclude any arrangements until the cash value of the South African assets can be ascertained.

For the future the Directors are examining new projects to be injected into the Company.

The Directors favour a project in the natural resources sector in Africa, but any project with the potential to restore value for shareholders will be considered.

News Pending-

Thanks to another poster on another site:

I'm just waiting to get my teeth into some positive news. I'd estimate the following:

a) Level of cash raised confirmed within the next week or week after. between 300 - 600k
b) Target company announced along with financing option November
c) EGM set to agree take-over/injection December
d) Aquisition completed - January

Aquisition target? diamond/gold mine (imo of course)

Though I'd be happy with an Osterich farm as long as it was making a tidy profit.