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Another 1m delayed from yesterday at 11.31p
That 1mn seller is still about. Probably Basswood. They went below 9mn shares in early May but they could have sold at least 3mn more recently, without needing to declare anymore. So coming to an end as the axe on this stock, I reckon.
Thanks....they were holding 9,068,909 after the last TR1. So i guess we keep an eye out for a large trade ending in 909 to signify that they may well be out, or poss 68909?
Didn’t notice them selling yesterday and looks like a buyer today. Happy to wait on this one.
My other recovery stocks all sprung into life, this will be the last to go but I’m sure it will come.
Ian, the 1m went thru approx 12.00 yesterday.
Sorry Ian, the 1m shown yesterday was from Weds.......would not be surprised to see a delayed sell from yesterday pop up soon thou.
Think the potential upside from here is large at £36m Cap. Buoyed by positive cash flow of £3m in April. Strong board. Refinancing the debt with new £200m securitisation facility mid-March removes risk - good timing. Less risk if you wait for the financials, but read enough to buy some at these levels.
And there we are, a delayed 1m from yesterday at 11.51p
Ha spoke to soon. Too busy looking at others today.
Someone’s buying them.
Is there any news around on why the results are overdue ? They had two months to release, surprised they haven’t been forced to issue an updated rns giving info on why overdue.
dubz, can you look back over the last few weeks and tot up these 1mn block sells? Are we getting close to 9mn of them in total?
older....i'll see what i can come up with.
I remember that when Basswood went under 3% they sold in 275k chunks. Remember that the TR1 took approx 8 days to be posted.
Dodger, someone spoke to the company and the issue is auditors working from home and nothing sinister there is a post on it if you look back (assuming its not bull which i don't think it is.)
In the same post, directors saying They are frustrated they cannot buy down here as in closed until after results.
Thanks Ian..I admit I hadn't scrolled back. Often on this website its often best not to ..lol
Cheers
Its been a month since basswood went under 3% there has been 4 x 1m trades this week. They had 3 weeks before that to sell smaller bundles, assuming they are selling all out. Cant be far off out or close.
That's my thinking too, Ian.B. But when I waded in to buy 110k this morning, I noticed that quite a bit more was on offer at 12.05p but I decided not to chase all at once, thinking it was our big seller there still. Silly me!