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I am invested and as such when a holding RNS relating to one of our largest investor shows their holding remains 19.41% then yes that is reassuring. This a fact.
You appear disappointed and attempt to put a negative spin on a fact nothing more nothing less.
Try and stick to facts rather than becoming emotional.
GLA
Curious99 good attempt at turning a straight forward update into something negative. However if there was no positive news for AAOG Miton would have cut they loses and sold. They haven’t they are here go make profit in order to do that the SP needs to be much higher they are clearly in a position to wait like I am.
GLA
You can choose the believe Codey, he has an opinion
or
Miton Director Gervase Williams, who decided on the AAOG investment:
"As Managing Director of Miton Group plc and one of the most prescient commentators in the City of London, Gervais Williams has written three books, Slow Finance (2011) and The Future is Small (2014) and The Retreat of Globalisation (2016). He has a natural ability to anticipate market trends and this has stimulated much of his writing.
As a professional investor Gervais has received many awards, including the Grant Thornton Quoted Companies’ Investor of the Year Award in both 2009 and 2010; the Diverse Income Trust plc was recognised as the Best New Investment Trust by the Association Investment Companies when it was set up; and in 2014 he was adjudged to be What Investment’s Fund Manager of the Year."
http://gervaiswilliams.com/
its a tough one, may need deep some thought.
Very good news they remain and still believe and have patience, if Miton stay with £millions invested, what does it tell you?
Miton invested in Block Energy , but then started selling after their well was announced as producing 1400bod, with a $12m placing following, only for it fall off back to 50 bopd shortly after. They can and do adjust their risk, they havnt at AAOG.
Miton holding was 9.2% at one stage last year:
https://www.morningstar.co.uk/uk/news/AN_1529340509166424600/miton-group-raises-stake-in-block-energy-to-92-after-transaction-(alliss).aspx
now at 4.1% and reducing
http://www.blockenergy.co.uk/investors/#shareholder-information
RNS Other voting rights: by means of a court-sanctioned scheme of arrangement, a merger of Miton Group plc and Premier Asset Management Group plc completed on 15th November, 2019. As a consequence, the regulated subsidiaries of those two firms are now wholly-owned subsidiaries of Premier Miton Group plc; namely Premier Fund Managers Limited (FRN 143097), Miton Asset Management Limited (FRN 115241) and Miton Trust Managers Limited (FRN 220241)
GLA
Just a name change still 19.41% held so shows they are not selling.
Positive in that respect
GLA
Premier Milton holdind 19%
... out.
(Should anyone wish to know.)