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Just bought a few more here this morning. Not as rich as some of the posters here my top up was only for 12,000 shares but every bit helps !! Gla
I can see two trades of about those amounts around 0830/0845 this morning. They went through the AQSE exchange, not the LSE.
MMs playing games here. I've bought an additional 40k and 15.5k this morning and they are not showing
Topped up myself today. A gift
Plus my 87k top up 😁
A further opportunity to top up. 3 late trades that have taken more free float out.
A bit disappointing to say the least….let’s see what tomorrow brings. Gl
Smallcapvalue - good spot , I missed that….
By my calculation David Holdsworth has added 3,775,000 shares since the last update released in September 22.
Indeed , it is effectively a private fiefdom .
Checks and balances ?
Who knows what Mr and Mrs Dickinson intend to do .
GL
It's not difficult at all to understand if you DYOR. The fact that c.70% of shares are in PDMR hands and debt is held by a co run by PDMR's means the BoD have skin in the game (understatement). If we lose, they lose. The only caveat is the level of control here. This is de facto a family run business. They can basically do what they want as they have the votes. My biggest fear is a delisting but I don't see that happening at least for some time as the co has changed the name etc and a delisting is the sort of thing you would do now and get out of the way. Exciting times with sale of CSS, JV etc
Good luck to all!
Mr Market must be as mystified as most ~ except Mr Dickinson .
Very difficult to know exactly what`s really going on here .
`If in doubt ~ Don`t ` , implied by the sp .
The trade went through this morning in one block hence the disclosure. Quite interesting when you realise who the buyer is when combined with the strategy of the business. I was doing some rough numbers on Sept ‘23 results and reckon this share is worth 25p+ on current valuations. Given meadow JV and CSS upside could be way north of that.
There was a 2,525,000 share transaction at 10:16 am today. Probably that one?
Is really interesting and based upon a slightly outdated Shareholders list on the company’s web site we have:
76.52 % of shares owned by named shareholders on the list
2.63 % of the company’s issued share capital was bought by D. Holdsworth that’s over 2m shares
The announcement gives the date the threshold was crossed and the date the company was notified as being today - 3 May
Can’t see the 2m+ share trade going through so if the trade was made today we should get notification, of course this buy could be the reverse of a listed shareholder selling.
Either way there’s not to many shares in the hands of private investors so I assume when the share price takes off it will most likely rocket….. lol
Well that’s my two penny’s worth .
Anyone else care to comment????
RNS - TR1
Increased holding from 5.99% to 7.74%.
I jumped in here a week or so before the suspension - and very glad I did. This looks like a business seriously going places which I don't think the market has really woken up to you yet. GLA.
Hopefully missed for a few more weeks yet, currently moving stuff about and adding. GLA
Seems like this could catch on soon. Excellent RNS. Mcap way too low
With the benefit of hindsight I think I’ve been a little too greedy with my cheeky order, we live and learn !!!!
815k held. Keep dropping to 10 or below and I will keep buying
Rocket launched here…interesting day ahead with an excellent RNS!
Let's hope they can sell some more of CSS and then they can pile the cash into their Roadside venture.
Their American partners are massive :
'Meadow is a real estate private equity manager based in New York and London with US$6.2 billion gross AUM. Meadow specialises in middle-market real estate transactions across all sub-sectors and risk profiles. Its partners have been responsible for the acquisition and ongoing asset management of over US$30 billion of real estate assets located in the United States, Europe and Asia. Meadow is now investing Fund VI.'
Just placed a cheeky little order to round off my holdings here….. be interesting to see how today plays out. Gla
Plenty mileage here. Don't be tempted to trade. This is massively undervalued.