Member Info for alan80

They took it out of dormancy in October I think it was. Seems to point to them expecting aerospace orders imminently

Shares are flying, and no doubt Mills buying is likely to be behind it.

The BBC website reported that a Scottish company HES lost their contracts for disposing of clinical waste as they had been found to be stockpiling the waste. HES has closed down, but they blamed the shortage of high temperature incineration available for their problems. That's interesting as Augean's Kent plant which is going to be mothballed is according to the Augean website one of only three high temperature incinerators in the UK.

So whilst the Wilton situation stays as it is the share will likely drift with only the yield keeping them up. Would it be best to try to sell the site as so much money must be tied up with only rental income coming back and as Sain says planning costs rising all the time. Selling it yes they will give up the opportunity the site brings, but perhaps the downside risks for a company of this size point to getting cash in and moving on.

Disappointing that they have failed to buy back more shares at this type of price despite having obtained the authority to do so. Not happy about selling property to KCR for shares rather than cash. Looks like some questionable corporate governance issues on this arrangement, and perhaps this is a reason the share price is so weak.

They don't appear to have that many properties for sale, and it may be that greater availability will come in the next half. I would like to see them unload some of the sites with PP.

Good work Dibs. Something significant is obviously about to hit our screens.

Would imagine you will get opportunities to buy back in at a lower price when things quieten down for a while. Although overhang holding them back from the former big holder has now gone. Curious movement of shares between institutions from that sale though.

Will be interesting to see if the directors consider the price an opportunity to buy or not

Quite a markdown given there are less than 100,000 traded.

Looks like there will be another RNS for the balance. This should be positive for the SP as it gets UIL out of the way and their drag on the price.

Part of this is definitely UIL selling their remaining stake of 16371942. They have recently been reducing their holding, and with their regular sales probably helped keep the price down. Another big holder must have agreed to sell as well. Whoever has bought must be close to the automatic bid trigger.

Price has been slipping recently. Fall this morning might be because of large sales at the close yesterday. Possible reasons for the general fall - big seller in the market; Candy Bros current litigation; the problem at the Ashford College site; another of their sites there is a lot of local opposition

Perseus confirmed that the warrants can be exercised at any time. So there is no set timetable. Someone somewhere is playing games.

Rfarfa, it might be that in your case it is a technical matter related to ISA's. I don't know. Not good though the lack of response. Reading on Hot Copper forum that some posters think the share price is being manipulated at the moment by big institutions. No surprise there!

I emailed Perseus 5 days ago about this warrant announcement and so far heard nothing. Not a good sign that.

The news from Australia overnight of the huge placing probably fits in with this. A message goes out from the Registrars to get as much money in as possible and not to worry if it is not strictly true. It seems that quite a number on the Hot Copper discussion forum have doubts over the quality of the management. I emailed Katharine yesterday and an automated reply came back saying she had now left, but could be contacted on her personal email.

Bad news with Katharine Sutton having now left. I hope Perseus are not trying to bounce people into exercising their warrants as there is an announcement that originated from the Registrars saying warrants need to be exercised by 5th July. Does that suggest they are desperate for the money?

Must be difficult now for them to find any other sources of bad news!!

No, its a done deal. After the court acceptance on Friday this was planned to suspend trading

Perseus up to A$0.47 today, now above warrant price