Have just spoken to the Placing Agents who have confirmed that Intel no longer have any stake in IMG ---this mornings RNS just came late and should have been released prior to the placing RNS !! ---another RNS to follow shortly will cinfirm all this !! -- They refused to comment on any investigation ongoing from last June's Placing and any investigation that may take place on this Placing as well !!!!! --- As i said to LeedsB --------Just not Cricket !! -- GL --
16 Feb '15
RE: LeedsB : -----
Fat Fingers - or maybe they just don't know what they're doing. All those 13M+ shares now owned by Intel again.
14 Feb '15
LeedsB : -----
Intel are at it again --some time back they dumped about 25 million shares which dragged the SP down considerably ----they have now dumped all their remaining shares via the broker mentioned in the RNS and now hold none at all !! -- There was an investigation, i thought, last time they did this !!--no i have no idea why they have been allowed to do it again !! --perhaps someone else can comment if they know anything ??--- It is not a public placing so we are probably not going to know who has aquired them unless we wait and see who declares them as part of their increased holding in IMG !! --- Share Price may not drop too much further as less shares dumped this time --but still dumped at a good premium to the closing SP yesterday ---really can't be a r s e d to work out the mathematics of any SP drop cos of the dump ---suffice to say i'm glad Intel now are out of the picture altogether --just not cricket my good fellow (lol) ---- Hope that helps !!---- GL.
13 Feb '15
Not a good day for img, but will bounce back strong next week once the dust has settled.
13 Feb '15
Hottentot, please advise
"Completion of Sale of Imagination Technologies Group plc shares by Intel Foundation", it mentioned 13M ish shares are sold at 245p, but I did not see 13M shares in the Volume transaction, why ? can you explain this please ?
12 Feb '15
RE: Nice to see a stable sustained ..
agreed. the key point is that SP will firmly stay above 263p, otherwise, my Master will do the other way. my broker told me it did not support Short, have to buy and sell with your own fund..
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