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ouch more selling and the AGM cancelled. Not great
fastjet Plc
("fastjet", the "Company" or the "Group")
Delay in publication of Annual Report and Accounts and postponement of Annual General Meeting
Well, they sold 1% and Mr Ronwin thinks its a buy. If this is how you invest then good luck to you!
Rest of you remember: 17.32% left....will they sell? who knows but one thing is for sure.....i dont think this is going anywhere but DOWN! I'm looking for 0.01 or lower as volume dies out.
https://uk.advfn.com/stock-market/london/fastjet-FJET/share-news/Fastjet-PLC-Holdings-in-Company/82664661
Apologies. It is of course 7,500.000.
The graph that pops up when I google the BB moved north, after closing. I take that as meaning that the 75,000,000 is a buy. Significantly JT16 does not dispute its status. I also wonder if the 75,000,000 discussed the other day was in fact a buy. M&G selling would have kept the SP static.
If it was then that might mean that another II is buying up the M&G shares. I will be holding my shares for now to see what happens. Each holder has to make his or her own decision.
Good luck all
This is just a repeat of Flybe ! Who believes that fastjet BOD did not know about this. BOD ‘ always consult major shareholders especially when Re financing issues are on the agenda... this company has stated as much in the past. Small shareholders are being managed and manipulated. Seems to me the major shareholders are jumping fast and the majority shareholder is going to end up with the assets under the financing charge.
Sorry.... did someone say “Flybe “ ???
it was a deal done at 16:34 0.25p. That is why it was important. Current SP 0.22p?
Haso. The big buy showing everyday not first time
Lowest will be current SP :)
Good idea!
My highest SP for the day tomorrow is 0.37p
let's see your guesses! Who will be right?
Been reading the threads post this evenings RNS and at a loss - where do people see this going in the morning and price at close of play?
Watch and learn...if some of you keep banging on about the past SP performance then you might as well live in the past!
at 16:34
https://www.londonstockexchange.com/stock/FJET/fastjet-plc/company-page?lang=en
Tr-1 is from last Wednesday when SP was 0.4p..! Delayed TR-1...so they already be done.
Re:mannnan yes otherwise selling would continue... Price still high for them to sell all holdings IMO
Oh dear. There has been quite a bit of inaccuracies regards the TR-1.
Not to worry.
The "going concern" now will be if they keep off loading. The murky world of AIM allows for insti investors to get a head start on buying and selling their holdings.
News needs to come fast in order to understand the company longevity, and to hopefully postpone further TR-1's being released with every percentage dropped. Unless they already know there is no news of longevity....
That said; I'm still invested. I've doubled my stake as I bought in early and now I have a free carry, but that doesn't mean I wish to lose it.
However, it would be wise to look at M&G Plc to see what is going on over there, and it seems they have just had a management change, and this has been building up for the last 2 weeks - with an announcement being made today.
And, the trading in the M&G Property Management and Feeder fund has been suspended since December 2018 due to cash restrictions, worsened by the pandemic.
The company is trying to generate liquidity as they, like most, are going through very troubling economic times, and this, may also be the source of their off loading.
There are always 2 sides, and the truth normally lies somewhere inbetween.
ATB folks.
Thanks JT16 for your input.
where do you see this going in the near future, will it grow, survive for a time or crash overnight.
I am one of those that have taken the bate.
3,800,824,884
total issue shares are 3,824,884
Their holdings have been reduced to 18%. The stock was snapped up! Those saying ‘seller out’ haven’t a clue what they are talking about. Read the RNS. The positive side is the stock was bought up. Someone was happy to take the stock! I wonder whY????
Haso. So you think the seller is out ?
Company total Issued Share is 3,800,824,884 100%
M & G
Previous Position 744,961,677 19.60%
New Position 692,510,294 18.22%
Sold Number of Shares of M & G 52,451,383
Number shares sold by M & G is just 52.5M
if we look at delayed transaction it is much higher therefore
those can my purchases as well
Profit taking? when did they last release a statement that they had made a purchase?
unless i am reading it wrong they still have 18.22% remaining and thus could still be selling?
I am long here so dont get me wrong, i want good news however i'm not seeing this as positive unless we know they are no longer selling?