New website photos uploaded at 15.20 today, all of the workover, why would you put pictures up of a failed workover?

All IMO, DYOR.

Very positive, SP will probably take a beating now as traders gear up to buy low...

We expect the coming months to yield significant developments for Cyan. There is no doubt we are moving towards 'crunch time' in terms of agreements turning into sizeable orders for our equipment. The outcome of the TNEB tender is obviously on the horizon, and this could be an utterly transformational moment for us, should the result be favourable.

The opportunity is vast, and we have, through hard work, manoeuvred ourselves into a very promising position.

I look forward to delivering outstanding value for shareholders.

John Cronin

Cheers John

XEL is shooting up right now....

XEL won't stay at this price, its just traders testing in prep for the next move. Good to know there is plenty of bullish interest though.

Xcite has to agree to the option too though don't they? It doesn't seem likely at this price. There's been mention on the boards about BLVN as the other one to look into but at a glance their position doesn't seem as strong to me.

USOP have been swinging about like Linford Christies dick in a sprint, the main stockbroker has basically told those who have a ton on leverage they can't anymore, so people are being literally told either stump up the cash (some have 10s of thousands on leverage a few have 100k+!) or sell, so the SP is all over the place (GXG is a matched trade system, like bitcoin) absolute silly season stuff

Aren't all electronic stock exchanges matched trade ?

Sorry, to clarify the bid/ask are not set by market makers on GXG.

Quote from: Sam on October 01, 2012, 09:56:59 AM

Aren't all electronic stock exchanges matched trade ?

Sorry, to clarify the bid/ask are not set by market makers on GXG.

As far as I'm aware they're not set by MM on any exchange. The MM's perform the actual trade on behalf of the buyer and seller and they also step in if there are no parties on either side.

For example, I can set a price right now a on thinly traded stock and see that price direct in the market. I could do that on anything, eg apple.

Quote from: matt5cott on October 01, 2012, 11:22:14 AM

Quote from: Sam on October 01, 2012, 09:56:59 AM

Aren't all electronic stock exchanges matched trade ?

Sorry, to clarify the bid/ask are not set by market makers on GXG.

As far as I'm aware they're not set by MM on any exchange. The MM's perform the actual trade on behalf of the buyer and seller and they also step in if there are no parties on either side.

For example, I can set a price right now a on thinly traded stock and see that price direct in the market. I could do that on anything, eg apple.

Not sure what you mean by the 'The MM's perform the actual trade on behalf of the buyer and seller' - that's the job of the exchange (are you thinking of the NYSE's system or something?). As far as a lot of exchanges go being a market maker is just a vanity/PR exercise - they're obliged to provide a two way quote for x% of the time etc... but they don't necessarily have any advantage over a non market maker.

There are however quote driven markets where prices are actually set by market makers - this is where they actually fulfill their job description of making a market by providing two way prices for other participants to trade against - generally this is used for less liquid stocks (for example LSE's SEAQ) - obviously you need two or more market makers... but aside from the market makers there is no means for others to enter limit orders directly into the order book - you have to cross the bid/offer if you want to execute a trade. (There are fairly obvious criticism of this approach but its still used for the smaller AIM stocks AFAIK)