Wey Education Share Price (WEY)

As of yesterday wey are advertising for more leaders of learning (good news) and a Chief Technology Officer advertised to £100k (great news). Getting ready to grow

Ragnor
Being invested here for 18 months is not lucky, well done, enjoy the profits.
I'm going to continue to hold, hopefully at least until I'm not looking at red. Will certainly see you on other boards.
Good Luck

Miton Group has been constantly selling their shares into the market ever since the company floated in 2015. This constant selling by a large shareholder has a continual depressing effect on a small(ish) capital company like WEY. Miton's stake has now reduced from 20% to 5%. Fortunately, the company has some very loyal large institutional like Gresham House and Guinness who have held their large stakes since flotation.

A new buyer appears to have arrived on the scene and spent over £400k buying 1.25% of the company in 3 transactions on the 12th and 13th all of which were disclosed later on the following day by the market makers who continue to play their usual games dropping by dropping the SP by 5% despite this. This has the desired effect of tempting weak holders into selling their shares on account of the apparent poor response by the share price to good news.

I think with WEY's phenomenal prospects, especially compared with the vast majority of other companies nowadays, we will see a lot more new institutional buying which will propel the share price over the coming months and year. I also foresee WEY making good profits this year and paying a dividend out of its large cash pile.

Nonegs I decided to throw it in on this one yesterday. Got pretty lucky I admit as I've been in this for 18 months but keeping some dry powder as it looks like we may be approaching another down period in the market and momentum on this has stalled.

I think its a good company with solid growth prospects but there are some heavily discounted valuations out there presenting much better 6-12 months upside. Like you said the valuation is looking pretty punchy and the limited investor engagement unsettles me.

All the best with this one, no doubt see you on the other boards.

Netcurtains
Thank you.
Where would I find this?