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I didn't say anything about anything being Oilex's fault. I think you've all made my point for me. If RIM had bought 1% you would have said fantastic news, the other way and it's brushed aside. It may well turn out not to matter it's just the tunnel vision that makes me laugh. Gla.
Defo no ones fault Yuri..........!
and 1% .......... :()
All the best (for me a good night out............. ! )
Just to add to that, I’ve nearly had to sell some of my shares from where I’ve been nearly caught short of cash. Just remember, Oilex wasn’t the problem, it was GSPC who are nearly gone.
RIM might have their own problems. You can’t always pin it on being oilex’s fault.
Gordon I do agree with your earlier comment how people tend to ignore an Rns if it is not in line with their own situation, ie if they are long on this and the Rns is not something they can trumpet, it tends to be overlooked. Anyhow twice in a few weeks RIM have reduced by around 1%, not sure if it is anything to be concerned about. On the flip side they did increase their holdings by nearly 4% back in August, so theoretically still 2% higher than then.
They sold another 1% a couple of weeks ago. As you say their last buy was at 0.19. This is a very small margin and utterly trivial compared to their total investment. Some time ago Yuri posted some figures which showed (from memory) that their average price paid was over 10p. Why would they sell now for small change ? No way of knowing if it means anything. We'll find out in due course.
You will find they have not sold there voting rights have as there where placing increasing the number of shares hense lowering there voting rights
RIM got the placing at 01.19 so just taking cash margin.
Have sold 1% as you say gordon.
Still the cornerstone investor.
This board cracks me up sometimes. A major shareholders reduces it's stake for the second time in a couple of weeks and nobody thinks it's worthy of comment. You can guarantee that if they had increased their holding there would have been loads of posts saying what a great vote of confidence. Lol.
RNS RIM reduced holding on 18/10/2019 by 1% to 12%