What's happening with sale of PREM?

đź’¬ Trading 212 chat
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Why aren’t trades for PREM going through instantly? This has become very frustrating. I’m now expected to stump up a further £30 in an attempt to buy … :man_shrugging:

Anyone else having the same problem?

Was down at 0.070p and I even tried a market buy at 0.075p however waited, and waited, and waited, but it’s shot up to 0.105p which, with the amount I was king to buy, has cancelled.my.order cause I don’t have enough funds.

If an order can’t be executed at the time of purchase, some kind of indication would be helpful. Have I just missed something completely @Team212 @David? :cry:

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Have same issue my order is placed since few hours

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Apparently LSE got suspicious of the surge in trading activity & small size orders with this security. We just got a call from them asking us whether we’re sure about submitting all of the PREM orders.

We’re working on solving this.

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I actually tried to buy yesterday and it got stuck for more than 24 hours and got processed at 0.99 …

Had a question about this here:

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I was looking at this last night and it looks like a scam tbh.

The other was PHE where it’s one major holder that’s influencing the market, and repeated buying and selling within the family (Howard, Josh, Ben White).

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What type of scam?

(extra text bla bla… because “post must be at least 20 characters”)

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The kinda scam where the money going in is just being used to buy a pool and new Tesla for the people running the show. Whilst the shareholders are given false hope of something just around the corner, but a decade later it’s still the same story.

I could be completely wrong and it’s all genuine and will produce results at some point. :man_shrugging:

Its very much a win everything, or lose everything type of stock. Not worth the trouble I decided.

Worth a bit of a read of existing shareholders and looking at the MAX chart on Google.

https://uk.advfn.com/stock-market/london/premier-african-minerals-PREM/share-chat?xref=navmenu_sharechat

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Well, the market is a gamble anyway, not a “fixed science” and I would have “invested” (people do not like the real “speculating” term :P) for these +30% blips.
It’s always a risk… but unfortunately the system said “no” and processed it after 24hours at a wrong price…

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Oh … !! :upside_down_face:

I mean I was only after 100,000 for £75 and was going to leave it at that. Didn’t realise I should have stuck another zero on the end for the million?

@David: Will keep an eye out for any update(s) on the matter, thanks.

ÂŁ75 was a small enough gamble to see what may or may not happen.

In the meantime, the price seems to be going up and down! :money_mouth_face:

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@David, Hi. I am trying to get rid of these but they are not executing… any ideas?

Screenshot_2020-05-14 live trading212 com
Screenshot_2020-05-14 live trading212 com1507Ă—657 74.3 KB

Thank you

LE: I actually see that other orders that I make are going slow, so they end up at a different price

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@drtinvest I can see the order’s accepted by LSE, it’s only a matter of time until it gets executed. Check this topic for more info on AIM (SETSqx) execution: Struggling with market order

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@Team212 / @David: Do we have an update on this yet after LSE raised their suspicions, thus not allowing trades to go through? I’m now expected to invest £45 extra for the same value of shares because of this … :thinking: