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JoeSoap,
Apologies. Misread your post.
Should have known better than to comment on CA again.
GLA.
Biffadog that’s not you sticking the knife in is it? Suggest you re read Joe’s post before apologising.
JoeSoap,
CA were buying on this occasion and took their holding to above thee 5% threshold hence the RNS.
I suspect, having bought about 5M shares, they were keen to let the market know they were supporting the stock.
Suggest you at least get your facts straight if you are going to bring up the subject again.
Maybe best to forget about CA, at least for a month or so.
GLA.
Think their (NEXT) upcoming RNS will point to the continuing bloodbath on the high street.
I'm so looking forward to the NEXT RNS.
You can always rely on a CA RNS to stir emotions...
They had said they could re-buy and we know that they (have to) sell on a strong rise, when they pass their internal thresholds, so I was a little surprised that they RNSed their holding at 5.01%. That is a mere 271,000 over the 5% threshold, and sale of more would require a new below 5% RNS.
But then, it also allows further purchases of 0.99% before the next holding threshold and provides a huge trading playground, especially as departure and then hook-up (coupled with exuberant PIs trading habits) could conceivably happen before their end of month holdings disclosure and provides further profit opportunities.
I read here and other places of the faithful golden ticket owners hugging and holding them tight, yet stating their strategy to sell at £1 or some other price and their intention to take profit at FOIL, and all the time decrying those profiting at lesser multiples but more frequently.
When CA had a much larger percentage holding of the company and provided enabling funding was the time they could have pressed for board representation but for whatever reason it did not happen. To suggest that they could not be on the board, tweeting and dealing infers they have no knowledge of DL.
jimo
joe.
Sure let’s drop it. Although it was others who brought RB up following an RNS....
Hear hear Biffadog
I think its just because sod all else is happening! No idea why the SP is weak today, it just is!
Gary, you say AM may continue its travels this coming Saturday. I'm a bit out of touch due to festive alcohol ingestion, what source is this bit of info?
Come on guys, let's drop RB on this board once and for all.
It's been done to death and we're all just going to have to beg to differ.
Certainly doesn't help RB's PR, so I'm sure NigWit, wellwell and IJWT will also be happy if it's dropped too.
GLA.
Gary38
Does RB scare you?
I think Aduk is spot on with his description of trader RB of CA style of trading which is opposite to Kerogen capital.The winner is knowing how trader RB of CA operates is key if you are looking to invest in a company that he is involve with or is getting involve with .
Always learning.