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8 trading days now of not participating in a declining share price with average volumes..obviously intentional. But difficult to know why when they were the only real buyer propping them up far higher. The stock is trading 15% below the average paid for 6.3m shares and they said they had given instructions to Cavendish on an arms length basis..normally these things will operate every day on a set basis so they are not gaming the markets or their shareholders. What they are doing here makes little sense to me,
Have made another small print below 17.5p ..just over half the cash reinvested..will have to look for lower levels in the absence of buyers.
My guess is they’ve entered a closed period. News is afoot.
That should have no bearing on the buyback ..it is independent of the company as expressly notified. The company are not in a closed period..that is post reporting period, pre announcement. The year end is July. The company could be restricted because there is news in the background but it would not impact the buy back.
Also if there was something positive brewing from past experience there would be a firmer market..and a LOAM notification of purchase!! That was a joke. But they did buy a few weeks before the first commercial order ..their market timing is so good.
I am wondering if the buyback has been paused so that my post tender prediction the price would go to 17p proves right. Cheers guys
The other thing having got shareholder approval for an on market buyback as part of a minimum cash distribution promised and seeing it as value accretive to the company buying shares up to 23p+ why are they not continuing to meet their obligation of buying shares back at a lower level. It made sense to me to allow an adjustment post tender and not be so agressive but having been the main buyer higher up why not be fulfilling that obligation at levels that now better reflect the position post tender. If something positive does come out and the shares jump and they have been sitting on their hands down here is that in shareholder interests??
This is now a very dull, boring, grey share to own much like our Brian who continually disappoints!
Don't be cruel there are a few who just simply adore him !
They’re hoping for some good news to boost the share price before buying back any more shares.
You can just buy them for 18p.
Couldn't help but notice that Terrorwit is calling everyone ' drunk toddlers ' on Advfn.
There was me thinking 'ghouls' were bad enough on here !
A sad state of affairs..i have on ignore..but from sheer volume appears they are having another episode. Needs help.
That's the only conclusion that can be drawn given the sheer propensity to name-call individuals and groups while at the same time showing an equal desire to defend the CEO under all circumstances - almost unique IMO.
Hope you guys are enjoying questioning people’s mental health? How is the high ground?
Fine one…after many of your comments directed at some..really stones and glass houses there.
Nice to see you trying to defend poor NigWit and their mental health....why does it even bother you though?
They were banned for their outrageous comments on this board weren’t they??
They have accused just about everyone of metal health problems over and over and over again..and you think they deserve respect and consideration around their pathetic behaviour?
Interesting that you obviously care so much for them.
You asked me if I was on medication the other day after preaching before about how one might conduct oneself so save it. Troublesome invites just what his name suggests! Probably not a coincidence. Yes I’ve called people muppets many a time but I don’t believe I’ve repeatedly questioned anyone’s mental health. I just don’t get the fascination and why it has to pollute here too.
Seems you don't want t recount calling members pathetic, weirdos, fantasists and paranoid schizophrenics on numerous occasions in addition to insulting their intelligence whu
You must think muppets are all cuddly for some reason !
Some people can accept what they might have said before in the middle of similar conversations was inappropriate and I’ve apologised more than once for it. There’s really no point in social media tiffs with people you could meet in person and get on with really well over simple differences of opinion.
For what it’s worth I’m not precious about BT and I’m watching what happens in the next year or so carefully but just because I don’t agree that what’s happened before and think it was some sort of heinous mis justice doesn’t make me some sort of sycophantic either.
The sooner you can just be pragmatic about different aspects and opinions the better. Maybe it’s time (again) to reflect on your own behaviours.
“You asked me if I was on medication the other day after preaching before about how one might conduct oneself so save it.”
Are you not on any medication at all then ?
Was that after you accused everyone of being ghouls…oh that time when you were being perfectly reasonable and constructive. Ffs you are in no position to lecture anyone NGR…but being concerned about others on other boards rather than your own antics here is somewhat contradictory.
What is this? Blade? It’s just one word for goodness sake that means effectively ‘dramatisation‘ but of course you want to grasp onto it and make a big deal of it . Go you!
I’m responding because you asked me about my mental health obliquely and now you’re doing the same about someone else’s……if you think your behaviour is right and my defending that is wrong I think that says something.
Is that a 'word salad ' ?
What's Blade ?
I’m really not interested in engaging with you Troublesome. Sorry but I can’t be bothered wasting my energy.
That's good - Take a Break.
A mass of contradictions aren’t you NGR.
I try to stay on point but when subject to stupid personal attacks tend to retaliate ..I just don’t suffer fools ..must try harder.
Just stop being a dick. That would help.
You come on looking for trouble ..find it and then act the victim.
Get a grip ffs.