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I don't think anyone could possibly think badly of that. There are so many shares making so much progress, yet in terms of actual returns to shareholders, we are still at 80% of our highs with very little intervention from the BoD.
I am so behind Bushveld. I just want to see some proactive action that shows that they are equally, behind us. It has been a very long time since LTH's saw any progress in their investments and that is simply not good enough.
Bassguy I hare your frustration, long term this share is going to be spectacular but we have been saying this for how long exactly? on 1 October Burford Capital announce their results & I anticipate further SP improvement in the lead up. I have therefor sold a % of my 7 year holding in Bushy (140,500, 2 x 100K, 50,350, 4 x 50k & 30k) to facilitate a 12.5k purchase in Burford at 6.03 ( my sells were averaged at just under 12.4). After 1 October I will decide what to do.
Ah sorry to hear some of you LTHs have sold a bit. I've done the opposite with my last top up being at 13.75p recently, and I stand by the decision because the immediate future is far too bright here!
Each to their own but this will eventually be a multi-bagger once again, and so I'd rather load up around this price level whilst I can, because the days sub 20p will soon be behind us IMHO.
GLA & DYOR :)
Bassguy. Absolutely not, thIs was tried in May last year , this was when the V price was around $45 and falling and FM mentioned a supply deficit. I recall Chika responded to someone stating that ther was some sort of share transfer taking place with OT. which even if it was happening is not the cause of the suppression-
It's galling, my opinion is well known on this board.
My confidence has taken a knock as there are few good explanations for this activity and the silence from the company. I continue to hold but it is with a certain nervousness now, if things are legit then why can a statement in relation to market activity be made. I await flaming by those who don't accept criticism, we after all own the company so it would be nice to know what is going on, alas we are not worthy.
UKSG. Maybe. But they are clearly not able to do anything about it at present and FMs comment " we can and will do something about SP" made some months ago is looking a bit thin. At least he didn't say imminently...
The company know what is going on here
I don't blame you, might be sensible, and have hovered over the sell button for a small portion every time we get near 15p, expecting the repeat (and making it a self fulfilling prophecy). I could defo have increased my holding by a fair bit every time it drops. But one time it will not drop - it will fly up, and I would be seriously kicking myself after waiting this long if I missed that. So I add when it drops and when i can and I wait.
This won’t be popular, but if the efforts spent over x month are focussed or doubled-up let’s say into a week, it is fairly clear what the effect will be.
I don’t like red portfolios and have derisked (whilst still green) since the obvious suppression of the RNS focussed the mind. No significant effect on the sp as my holding was less than one of these suppressive transactions.
Disappointing, but I believe in acting rather than just watching it happen.
The company has to allow the locals in at a low price before we are awarded contracts, I’m holding and adding when possible.
It is staggering to me the effort that is being gone to to keep this down here. I'd really love to know who or what is responsible.
16-Sep-20 09:33:44 12.75 -100,000 Buy* 12.00 12.50 -12.75k O
16-Sep-20 08:44:25 12.705 500,000 Buy* 12.00 12.50 63.53k O
16-Sep-20 09:57:06 12.60 -150,000 Buy* 12.00 12.50 -18.90k O
16-Sep-20 08:44:25 12.75 -250,000 Buy* 12.00 12.50 -31.88k O
I don't understand this at all. Maybe it's normal for a 250k transaction right on the mid at the time to be done and then reversed in the exact same moment someone sells 500k shares. Inter MM transfers that then get written off? Printing shares that don't exist to sell to buy back later? I am clueless.
However, I am fortunate as I have time to wait just now, and have enough disposable income to add a few shares at bargain prices every month so I have more shares than I ever thought I would.
The company is making excellent progress, with great leadership, (and poor comms - come on guys promote and get us off this awful market and on to the FTSE!) and we have a fantastic amount of things to be excited and confident about for the future.
Welcome to the last two years
Blue.. Blue.. Blue.. But no rise, expect a late sell listing
Almost as though one of the MMs has instruction to drop big sells in whenever the price looks like it should move up....
2 x £25k buys followed soon after by 2 sells of 250k and 140k!!
Loads of buys at full ask and no upward momentum!