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Good analysis guys. I should have had my own TR1.(-:
Some good points , my suspicion is theirs a set up by the CEO and why we have a short on loopup at 2.1%.
Back in November the CEO was not pleased with there own Brokers report which collapsed the share price , fast forward and now silence.
The silence and what better way of getting back at the old brokers for that report by announcing Stellar numbers , its also noted at the time that two institutions merge together and one minor problem one company had a mayor investment whilst the other had shorted.
Also strange that early 2020 the ARR was around 8% and rest on contracts or Pay per minute , the conversion to ARR was in itself a mayor uplift to September over now over 50% ARR and since increased.
The pay per minute has been discounted but would still have a impact but decreasing as more ARR contracts in place.
Anyway once you look deep we find strange selling and buying patterns and one that has been there since November, just to add look at Zoom figures and it appears that the free entry point of use that is counted as research and a value then fed back in the accounts.
Burn the competitors out , in Loopup case we removed ourselves from the low cost but high volume customers.
Any thoughts please post
If it went as far as 50p I would be joining you all in topping up! It's annoying when you're trapped in the threshold where it drops, but not enough where topping up will affect your average much. A sort of "share limbo land." Reassuring how many of us here are agreed on Northbound being the ultimate destination. Really enjoy this particular share chat btw, has a lot of characters.
i'm holding here so i don't particularly want to see a drop but i just say it as i see it. There are no signs whatsoever of this going Northbound soon. The trend is very much downward & while i don't think this would go to 50p, it wouldn't surprise me if it did! Oh & i would buy a lot at 50p!!
You were saying 64pence yesterday Paddy, now it's 60. 56 pence prediction tomorrow for Monday is it?
Not so sure paddy…. Nice try. B
looks like 60 is imminent here. I'll certainly load up at that level i think!
I agree JTD........... I actually bout another 26K @67p ...... feel the bottom is 65p and my spidy sense tells me the July update should be good............ not sure why they are in silent mode these days....B
yrab: "I wonder why there was no pre AGM trading statement this year..."
I'm glad you asked that.
For technical reason, "they couldn't be arsed" or for a strategic reason, "to get cheaper options for the team"
If you have any other questions that require a deep understanding of the intracacies of AIM don't hesitate to ask.
I bought some more shares this morning, go figure that one " a fool and his money perhaps" lol
I wonder why there was no pre AGM trading statement this year.... nothing to say maybe. perfect opportunity now missed and we will have to wait for the july update presumably H1 update. B
waiting for 65p again...... then top up time.......... with all these top ups, I think we will be putting in our own TR1s soon.....B
I’m in for £2500.. too cheap at these levels IMO
I have had a small buy in since yesterday, can't seem to find a match. Very little sellers down here I reckon
just a UT Oz.............. you can buy at 67p still..............B
Nice jump in the share price.
Jupiter submitted a TR1 in october showing “below 5%” they should have submitted a further Tr1 when they went below 3% after which they no longer need too notify. Ive never heard of an exemption for selling to a market maker. We all sell/buy via a market maker on this platform.
According to the major shareholder list Jupiter are now fully out, they have failed to issue a Tr1 to declare they have gone below 3% from what i can see.
stew200 - I feel I've been a little slow in spotting a possible candidate for your holding RNS, in fact I confess I never even noticed it.
I'm actually referring to an RNS released two months before the apparent heavy selling day with 23m trades on Nov 29th. I noticed the holding RNS from 02/10/2020 on the company's website - how did I miss that or is dementia setting in ? At first I thought it must have been added late but it's on LSE with the correct date.
Here's the significance IMO, the seller was hidden by using investment managers but I suspect a very high net worth individual that backed to company in a capital raise had probably had enough and sold what was likely 9%+ of the company in one go - though there where no appreciable sales on the notification day or at ANYTIME around it. So what happened to the approximately 10m shares (5m sells and 5m buys) that where traded?
Well the notifier Jupiter fulfilled their responsibility by releasing an RNS. Then the only assumption I can see as credible is that they sold them to MM's and MMs are not obliged to notify less than 10% of the company and agreed to defer notification of the sell.
From there, clearly the MMs have to resell the shares which brings them to notification of approaching 20m shares that can be sprung when they choose and can make the most from their situation - perhaps when some buyer/seller allows them to churn the shares.
Stew200 - the above scenario provides an explanation of a large known seller providing the opportunity for the SP to be trashed by unexplained trades - the MM's could even easily have pre sold the shares they held before the supposed date of the transaction. So in your search for some large seller you are looking in the wrong time period, could easily be chasing a shadow as they already notified
I think that day was a set-up by MMs to milk shareholders on the day and in subsequent sessions, helped along by opportunists and panicked shareholders on the day .
Obviously just my attempt at an explanation and can never be proven - but leaves me more content, I know the enemy, if you think otherwise carry on digging - but don't say there is no explanation unless you can show the above not to be credible. I don't want to explain every time you complain, I stand to be corrected by evidence!
It also points to MM manipulation, something I suspect is still going on in every session
I repeat what I said previously - there is nothing compelling a MM to disclose a holding of under 10% - that's per MM. There is nothing compelling any foreign investment entity to disclose a holding - i.e. no punishment for not doing so.