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can somebody enlighten me here.......hugh cox started with over 10m shares on launch date (29th april) at SP 36p he's just bought 25k shares at 20.3p and he still only owns 9.5m........i presume he's sold some shares in the meantime because the maths just doesn't add up?........hes now got 739k less than he started with.........surely his sale should have been disclosed at the time?........or am i reading something wrong?
Somebody is sure and stuck nearly 9k in!
Not sure what to make of this one?
'contract revenue generating from the outset'.Thinking about it, would move fast if a few buys come in.
will be interesting to see the market reaction today.
its unbelievable that the sale of £20k of shares can move this down 3p.......never seen a share so iliquid
morning........as i said.......it could easily go up as quickly as it came down it went up a penny on just a £6k trade on friday.......so liquidity is almost non existent
But there was a seller which was depressing the sp - this seller has, as I understand it, been taken out now, so lets see what happens in coming days n weeks.
morning........its gone down 30% on no news..........its my opinion it can do the same the other way........so illiquid it doesn't take much to move it either way it seems.........i thought the news on 14th august about 50% customer base increase was astounding stuff......but it did not transfer to SP increase so i don't know what will
I think any sellers are done/taken out. Overhang is cleared. Path now cleared for move upwards imo. Now need some newsflow to shift this ...
seems quite strange to me.......5m shares traded on weds.......moved down 1p........25k shares trade today........up 1p lets hope the sellers have been taken out and we can have a steady move up
Well, something seems to have got this share on the move, though the volumes are minimal.
i would not assume the numbers are loss making......the volumes here are very low.........it hasn't taken much to drop nearly 30% from launch ......some days have gone by without a single trade and some days the sale of just £10k of shares can make it drop a penny.......with good news this share could recoup the loss almost instantly
Yes, that's how I'm reading it. No idea what the numbers will look like but assume they're loss making.
Due by Friday?
and now i get it...........they knew something i didn't :-)
just logged in and can't believe my eyes.........who on earth is selling those shares at a loss just a couple of months after launch? must give the company a chance surely............unless they know something i dont
Yes, a good start to what should be a nice little earner. Problem is that many potential share buyers do not really realise what the company does and may be a bit afraid of buying in; so much the better for me. Many shares held by institutions though I think. It was tipped by Questor almost six months before coming to market.
very true.......lets hope it gets this baby moving a little
Very encouraging indeed.
what have i missed ?
Looks like the shares were bought at the time of the initial floatation on 29th April but still represents nearly a third of the share capital so gives confidence.
some peeps with serious interest just bought in.
On my watch list. Going to research this over the next few days. Gl