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Then you have confirmed your decision, I'm fortunate in that I originally bought in around 100% lower so I can wait and see for the moment
P, Suggest you look through the comms chain below for an up to date perspective. Good luck with your investment.
Hi I bought in to this stock last Tuesday after coming across this when I was researching AIM stocks. I believe that this stock will pick up soon and wonder what the sentiment is out there for share price growth. Bought 22150 shares @ 0.465p.
Could not agree more ..there are probably plenty of placees seeking to sell at 100% profit namely at .50P and only this is currently holding the price at this level following all recent fantastic news interviews and high calibre appointments and partnerships.Do watch this space tomorrow ...unlikely to easily buy at this level soon .?Even tomorrow !!!!
Yep so much potential good news to come here any day the current SP will be a distant memory soon onwards and upwards. We will be looking at a very different company indeed here within the next couple of months...
Yet again you're telling us what insider information is. Adrian said he would be buying. If he was unable to do so he should not have said so or he should not have mentioned it. No one forced him to say it.I won't respond to anything else on that theme. I've made my point.
"Outside those periods, directors and other PDMRs are still prohibited from dealing if there is undisclosed inside information. "
That's as basic as I can make it.
The bod know who they are talking to and how close to any deal etc.
Adrian said he will be accumulating not when he will be accumulating.
Here's an idea give him a call or email
You haven't explained why you think the Board is closed, only what constitutes insider information. That does not mean it was applicable to INFA last week.
The situation is simple. If Adrian knew that he was "inside" he should not have said he was going to buy shares or he should have added "when appropriate" or some such phrase.You may have clarified something for your pal mcadder but not for me.
Thanks for clarifying matters for Setanta Spud and for the mic drop vid lol :)
as can be seen from my last two posts it is not just results due that prevents directors from buying.
but DYOR!
https://www.out-law.com/page-8300#Disclosureofprice-sensitiveinformation
Inside information
For something to be classed as ‘inside information’, it must:
be of a precise nature;
is not generally available;
relates (whether directly or indirectly) to investments traded on a UK regulated market (such as listed shares on the London Stock Exchange); and
be likely to have a significant effect on the price of the shares if it were generally available.
The information needs to be specific to the company and there needs to be some certainty to it. Imprecise information, and news that is generally applicable, is not announceable; nor are conclusions or facts that can be gleaned from research or analysis, because any investor (in theory) has access to the same material.
Price sensitivity is crucial to the definition of inside information. A company must ask: would a hypothetical ‘reasonable investor’, out to maximise their own economic self-interest, be likely to use the information in making their investment decision? Information that will usually be considered relevant to a reasonable investor’s decisions includes that affecting:
the company’s assets and liabilities;
the performance of the company’s business, or expectations as to that performance;
the company’s financial condition;
the course of the company’s business;
major new developments in the company’s business;
information that has previously been disclosed to the market.
https://www.out-law.com/page-11693
Directors and other PDMRs must not deal in shares during a ‘close period’, that is the period of 60 days before the announcement of annual results or the publication of the annual report (or, if shorter, the period from the end of the financial year to the announcement or publication). In the case of half-year results, it is the time between the end of the half year and the date of publication. If a company reports quarterly, the close period is 30 days before each announcement or, if shorter, the period between the end of the quarter and publication. (The same restriction does not apply to the company’s interim management statement, though a cautious approach would impose a similar 30-day ban on dealing.)
This is a simple prohibition: it is taken as read that, during those periods when financial results are being prepared, senior personnel are likely to have price-sensitive information.
Outside those periods, directors and other PDMRs are still prohibited from dealing if there is undisclosed inside information. (See: Disclosure of price-senstive information, an OUT-LAW guide.) This might be news of a possible takeover, a significant share issue or a big contract win or loss.
I was asking you specifically since your the one who brought it up and was convinced of the fact they are not in a closed period. As a compliment though you would make a great politician getting 'not answering the question' down to a fine art and topping it off with trying to get me to ask someone else.
why we're not in a closed period. mcadder, I have a clear plan for my holding in INFA and your 1.5p projection suits it to a tee. That's why I mention it so often. I just hope you're right.
And spud, no poster winds me up. I take every posters view as legitimate as far as that person is concerned. It's better that way.
We're still waiting for you to explain why your so sure that the director's are not in a closed period Setanta....
Totally at ease here Snowman, just the odd self-righteous poster winds me up now and again 😆 ;))
We're all pulling in the same direction. We all want good news...higher SP etc. It WILL come...fairly soon....we're all sure of that....the exact date doesn't matter....it depends on many things.......the thing to focus on is we'll all be OK..... Things get tense with all the waiting.
We're all on the same side...talking of which....come on England!
Just got this from my new (as of May '18) provider; the wacky 'Outfox the Market'.... "Dear Customer, Since February 2018, wholesale energy costs have risen substantially with gas and electricity prices increasing by 22%. In light of this, we have made the unavoidable decision to raise the price you pay for your energy by 6.5%*.
What is happening?
For the average household on a dual fuel tariff, this will add £4.41 a month or £52.92 a year to your bill. These changes will come into effect on the 8th August 2018.
We are keeping this increase as low as we can for our customers and remain committed to providing wholesale priced energy, together with supplying your home with 100% green, renewable wind electricity - produced right here in the UK.Why have wholesale prices increased?
The cold winter and reduced gas production has left gas storage levels at their lowest in five years.
The UK is still dependent on gas-fired power plants for electricity generation. Therefore, higher gas prices result in higher electricity prices.
Demand for injection into storage has kept the price of gas high even as summer arrives and we are using less gas."
In a closed period for director buys
We are not in a closed period for directors buys.Of course it was the beginning of August .But I can wait three weeks or so for the 1.5p . No problem.
Everyone is entitled to their opinion but those that can't substantiate such statements can expect to have them challenged which is all I've done. If your looking forward to it you are premature - end of July/beginning of Aug I said...
You must be very close to breakeven now Setanta if,as you said, you are just under 3% which means you must have bought a decent amount since the dilution .
Still waiting for the Tr1 that was being "filled as I write" on Thursday
Good luck anyway and hope you get your exit soon
And as I pointed out the "Adrian Effect" was pretty short lived which indicates a lack of conviction by those who watched the interviews and who might have been thinking of buying.
And I'm very easily pleased. I would just like to see the promise made by the requisitioners honoured so that I can get my money back.
Also you guys ,(the spud and mcadder duo), need to realise that other posters here are entitled to their opinions. We don't have to fall in line with everything you say
But I am looking forward to the 1.5p in early July!!!