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imo some posters here doing a job for Axa to try and keep the sp propped up to an extent while they sell, the supposed big buys are probably Axa/other sells, as we already know they reduced from around 11% to around 5% and why it's down big again today imo
How do we know they are down to 5? Haven’t seen that RNS
See it on their site apologies!
my turn to eat a little humble pie lol, I saw someone post 11m earlier on and I read that as 11%, my apologies. From the info on Stockopedia they had 11.6m shares 6.1% but IBPO website now states 10,547,575 shares and 5.55% so the selling down still applies if IBPO site is most up to date
Not that I'm aware of. Could be that someone has added the other circa 5.5% ,owned by other AXA entities, to the 5.5% owned by AXA Investment Managers UK.
https://www.morningstar.com/stocks/xlon/ibpo/ownership
and I see IPBO website mentions its last update was dec 22 so what do I know lol. Seems someone is selling though and my guess is it must be them
Some real suspect tampers in here talking about where the SP is heading by close of play. I see you
doesn't look to be enough buyers to hold this up atm, might need to revisit 30p area to attract more new blood.
02-May-23 15:12:30 57.00 200,000 Unknown* 114.00k O
Wow... the timing of the transaction here looks like this was a sell. Let's hope that's the last of the big sells and we see blue Tom
If the seller is AXA:They had 9 million to offload:bad news if they continue
Be in no doubt that Axa will sell, there is no way that Axa will end up as a bag holder in this situation. For the newbies, have a look through Parsley Box who are registered as Meal on LSE. Mags was a great protagonist in that one as well. Slightly different scenarios in to the reason why they delisted but it will end up with the same ending. Go through the chats, and it will resonate with the banter on this BB. GLA.
Meal was quite different! I do think this will continue to be a traders dream on the run up to delisting. 55-75P range seems reasonable but I do expect a bigger spike, how many times have you seen the same pattern with companies going down this road, literally every company has a big boom prior to lights out.
Confused
On the 25th April you was saying this will hit a £1.00 tonight you have a different opinion. What’s changed ?
I agree no comparison to Parsley box.
I have said from the outset this is a day traders dream.
It can go 20 30 or 40 per cent up a good share to trade on a daily basis .
Look back do your own research this will trade up to a £1.00 this week
What has changed is the lack of anger and fortitude to turn this around by the Financial authorities. I am by afraid he is going to get away with it, the process is not covered by UK law and within months it will gravitate towards Indian law. This is now, nowt, but a classic pump and dump. Newbies, Caveat Emptor. You have been warned.
Teddy :- Big money will come to thee who wait :=
Make your mind up Teddy, last week ago you were describing sellers with that grim phrase "bed wetters" and ramping it up with the best of them. You're correct now but are still a hypocrite.
Not a hypocrite. I change my mind when the circumstances change. I am afraid that this is only going one way now.
Teddy Please what’s changed since your previous message it’s going to a £1.00,
Answers on a stamp nothing
Oh yes you’re looking to get back in at a lower price .
Tomorrow will be back in the 70s
Unfortunately think folks have to digest what's going on very quickly or left virtually empty handed!
With a main shareholder holding over 80% and with the company requesting de-list ASAP it's obvious that it's not a good thing for smaller shareholders.
Just research whom owns the EICR limited and look at his investments....He will all it takes to own this 100% at as little cost as possible.
It's a good profitable company with potential so I guess Anil Aggarwall will want to add it to its $4bl portofolio.
Could have a few bounces before AGM but it's definitely not going to be a happy ending unfortunately.
Day trading this will be day traded up to the age and some good money will be made it will range between 55 to 85 then test the 1.00 then see where it goes from there.we must remember not many shares around so when it moves in price it moves fast,