Inter. Pers. Share Price (IPF)

Correspondence from IPF Investor Relations re Sunday Time article:

"The feature in the Sunday Times was disappointing when we reported an improving operational performance post Covid which has been challenging and the strong capital position and cash flows generated. To our investors we have reiterated that our near-term priority is the refinancing of the 2021 Eurobond. We are actively preparing for this having appointed debt advisors and intend to undertake the refinancing during the remainder of 2020. We will continue to update the market when appropriate."

As Whitebox Advisors LLC had reduced their short to 0.43% they are no longer being tracked by Short Tracker as they do not track disclosures after they drop below 0.5%. So no way of knowing if they will still continue the trend or just hold position.

I think that's a fair observation. The bid is often taken around below 60 but you can rarely buy at that level. Sometimes it suddenly drops a couple of p and then snaps back. Seems to me there's a reasonably urgent seller but probably some buyers at around 60 as well.

This is one of the weakest shares in my portfolio and really does seem to be beset by headwinds and evil sentiment but it also has one of the biggest gaps to fill to get to pre covid and isn't performing any worse than the other more liquid mainstream financials like HSBC, LLoyds etc. Those charts are truly astonishing

Seems like a tale of two parts:
Millennium International Management LP have increased their short position up 0.07% to 0.80. This follows their negativity on the FIN sector with a £11m bet again Bank of Ireland.
White Box however seems to have reduced their short position from 0.56% to 0.43%.

I personally still think somethings still happening in the back with how close the sp has wedded to the 60p mark. I do hope the Company does give an update sooner that the normal monthly trading progress to break this trading holding pattern

So high unemployment, economic problems etc ?? Does this benefit the business as people search out new and alternative ways to get money? Can’t go to a bank so what can I do? And if controlled in a sensible, correct manner it can benefit the company