Newlands23 Sep 2018 13:54
Does anyone here have any knowledge of David & Monique Newlands?
I am interested in their recent purchases in Totally.
On 2nd August they disclosed a holding of 1,175,000 shares and a long spread bet of £625,000, crossing the 3% threshold. Does anyone know when they made the bulk or entirety of these investments?
Between 3rd August and 17th September they bought 770,000 shares and increased their long spread bet by £35,000.
Incidentally, using the recent close price of 20.1p, they have a long spread bet of £660,000 which is greater than the value of the shares held, £390,945. Does anyone know why they would opt for this strategy with more than £1m invested?