GGPChat

"GGP 26m shares at 8.8p (from 10th Jan = just £2.25m worth) up 10-15% - but buying 5m yesterday took GGP up 5% !!!"

Hydro hi. Was this actually reduced by c 5m shares or were you speculating? What's the current position?
Best
MFU

Not wanting to reply on behalf of Hydro, but I suspect he was not suggesting that Actus Ray were closing.....but, that in order to close, they would likely lift the SP to a point greater than they bought.
Feels like folks have hunkered down and not looking to trade which clearly impacts liquidity and therefore volatility.

CREST 6% up today, that surely isn't going to plan for them. Very dangerous game being played by ActusRay, their exposure in CREST alone is far too high.

Hi MFU,

Not suggesting AR are closing but just as Rational suggested it’s going to pump their position to a loss (without significant liquidity event). Ie on market raise.

If Shaun can raise funds like Skeena with a direct private brokered placement to ASX pension funds etc, im almost certain they won’t get that. Whilst SD can never bemoan or admit it I think he has got a private axe to grind against any shorts. imo he certainly won’t be providing them any stock to get out easy.

Frrrrriggning OUCH... Actusray Crest Nicholson position getting TOTALLY whacked. 61% underwater
Funny Crest are subject of a UK take-over yet they are not closing.





Albeit they've taken a little off the table (0.1%) at Crest ( which is interesting - maybe they are not in cahoots with Bellway)




https://shorteurope.com/details_all.php ... ed_kingdom

CRST +3% @ 261p !

Crest 52 week high 272 Ooof .
256 today after a major sell off - but housing and rates sensitivity on the rise due to perception of falling rates