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Hoping it is a positive Q1 results a little earlier than last few years. Strange day for the share price today in a narrowish band. Three times hit 1960 and got pushed back. Have a good weekend all. Be relieved when Adeem out so sp can properly rise. Hopefully will be like when II finally sold out.
Thanks for the update Tiny, I would have thought at current selling rate they will have closed out at least by Q1 results. On the positive side it is giving us the opportunity to by a few more at this level.
Thanks for the info Tiny. Let's hope it's not too much longer before they're out. Having said that, they're providing us with great buying opportunities and LTHs will get the gains eventually.
Thank you for the update. So, the assumption could be correct. At least one holder is selling and, as a result, slowing down the up movement. Once this is complete ( as we saw in the past ), it should move up quickly - provided the macro conditions don't change for the worse.
Good work, thanks Tiny.
Here is the response from Aston.
Hello,
Happy to help.
Unfortunately, as they have no dropped below the 7% that allows them a Board seat, their shares are not consolidated into the Adeem/Primewagon name. Instead, they’re multiple individual/group holdings by which no individual holding is above 3%; therefor we’re unable to disclose.
Sorry I couldn’t be of more help,
Brandon
Brandon?
Henderson, Senior Manager, Investor RelationsTel: +442070765406
Mobile: +447585326704Email: Brandon.Henderson@astonmartin.comWeb: www.astonmartin.com
Thanks very much for that Tiny. Fingers crossed Charlotte can provide some helpful information. It's looking like a better day today :-))
Carpymick, email has been sent this morning asking the question about Adeem. I'll let you know if and when they reply.
Hoping for a good day today.
Missed the opportunity to add today, it would be good to know how many Adeem have left. When they have sold out I agree should head higher rapidly, similar to when Investindustrial left in October last year.
Like you I pumped more in. Only another 5 k at 1861 but by Monday it will be back over 2080 so will take that profit and leave the rest in there until I need it
Home*
You're almost certainly right. I'm not actually unhappy. I've got all my money in and my small profit this far has covered the cost of buying the shares.
The SP is the lowest its been in a couple months so plenty of room for growth. Not going to be even thinking of selling any in the next 12-18 months as I'm hoping to buy my 1st hope in a couple years time. With any luck aston will help me put down a bigger deposit! Best of luck everyone. I'll be back next April to top up
Unlucky Jack. I think having limit orders spread across a range, can give you more of an advantage in a situation like that. ie instead of 15k all in one go, 3 lots of 5k's say at 1920, 1880 and 1850.
Not all get filled, but means you don't have to stare at a screen all day.
I do the same when selling too, people rarely buy at the very bottom and sell at the very top, so spreading your firepower can save hassle and you never kick yourself after the event.
Obviously SP ranges only hold out for so long, and MMs will have to go outside that range for more shares if need be, which in a low volume day like today seems to be the best guess I have.
I bought 15k yesterday at 1915 and was so smug with myself till I looked today. Bought 4k at 1830 and it's recovered which has made me feel a little better. Only 1k more to invest until next April now in my ISA
Must be a maximum withdrawal limit and he's maxing every time he can.
I hope you're right C26. Every time the share goes over £20 I've suspected Adeem are selling which always brings it back down. When they are finally out the SP will start to move forward.
Agreed Carpy, but I think they have been selling every few days since they declared they were under 7%. So there can't be many left now.
I helped myself to a few, best I got was 1824.
C26 may well be correct and it might be Adeem that have again sold more shares. A couple of months ago when their last non-executive director was asked to leave it was because their share holding had dropped to less than 7%. But 7% of 115 million is a heck of a lot of shares to sell. Multiply that by £20 and we are talking about £150m worth!! So it would be really interesting to establish what percentage they have left. Once they have finally sold, the shares can rise freely. Tiny...you seem to have Charlotte's ear- Do you think you could ask her if she can see what their current holding is? I hope you don't mind me asking, only I dont think we should have loads of different people bombarding her with questions. Cheers mate.
I got mocked for selling at £20.10 taking a £50 profit lol
@cekim. Never trust the buys/sells, MMs can make them look like whatever they want.
I reckon Adeem sold some more, now MMs dropping price to attract buyers in to cover the sells.
More bought than sold by 1M and it still goes down. Can anyone explain this?
Need some positive results. Even if its just a few steps forward.
Ditto
Stroll has barely spoken since he took over and likewise Mores. This is there style. There busy turning this company around. We all just have to sit tight and let them get on with it.
Absolutely Carpy, 10% swings now will make next to no difference in the years ahead ;-)