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Good morning crazy cats.
Lol
If you check the major holdings, there's inevitability going to be a high amount of "churn" - there are a significant amount of PIs here across HL/ II/ Schroder [again, even more of a reason why Steve and his board are badly letting down their PIs] - but the movements are still very big without an RNS...
"Insane I know the market like the back of my hand" - just stick to the hard cold facts - if you can pad out your point further with specific examples as we move forward, that would help. I'm happy to run with the idea until it's either proven or disproven, something ain't all too right, whether it's incompetency or something fishier
Thanks boo. Insane I know the market like the back of my hand - actually better and understand maker maker demand. The fact is for so long now the market makers have been dripping 10k shares 5k shares and 2k clips. Yes a lot of churn but there should of been an holding rns. I also have built up a large position here
- Why is Stew written off as a bit of a nutter when he raises this point? The number + extent of the trades, without any RNS, is huge within the context of this company - is it just the same shares circulating?
- It's disconcerting that the board has no respect for private shareholders [their responses to the emails from this board are extensive: "noted." Why. On. Earth. Are. They. So. Quiet. And. Contemptuous?!?!??!
- I'll say it again: there's a risk of a "Richard Adam"/ Carillion situation here - positive messaging without any real data, just quoting revenue. Someone asked earlier: does the revenue run rate change with this new model - that's a fundamental question because we now have absolutely no idea how much £1 secured today = over 5 years. I've been through that annual report with a toothcomb and it raises more questions than answers, but we don't get any from the board;
- Minds will inevitably run wild in a situation like that but the board isn't interested in answering any of it, in a year where they should be absolutely smashing it;
- Do the Insolvency Service go through these boards in a director disqualification inquiry? These guys make the S172 CA06 duties look like a chocolate teapot .
Keeps on coming and this keeps on going down with ongoing selling pressure literally every day. Insane and completely on its head to what it should be