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Online Share Trading

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Back to 400

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jakals
Occasional Contributor
It seems that the consultants finally sold their 456 000 shares and stopped flooding the market. Jubilee should be back trading above 400 again soon.
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6 REPLIES 6
SKALA
Super Contributor
Jakals, I am not up to speed here; what consultants?
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SKALA
Super Contributor
Found the info jakals. You could be correct; trading was allowed to start on 08 Dec.
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og
Frequent Contributor
I see Colin Bird started to buy again - always a good sign when he does that...
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jakals
Occasional Contributor
With limited buyers in the market the climb is not as fast as one would hope but once the festive season is over I think that's the last time one would see this share trade under 400 remember the shares issued to buy Breamore sold for 405 so that should be quite a strong platform.
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jakals
Occasional Contributor
I told you so!
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THRESHOLD
Super Contributor
Since the price for Jubilee is set in the UK where it trades well over a million shares a day - these additional shares might at most have opened an arbitrage gap between our illiquid market and the AIM price for a little while. They could hardly have really had an impact on the share price. HOWEVER - issuing them in the first place shows a trend that investors might interpreted negatively - ie. pay for everything with shares.
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