Yes Marshall, Qube, Tellworth all reducing. We are 2.92% it was 3.8% a couple of weeks ago. Must be noted these are the ones above 0.5%.. What percentage are below 0.5%?!?! Gonna get messy..
Great read this morning Lads.. So also Moulding announcing Apollo interest the day prior to results has snookered shorts who were gonna exit post results with plenty of shares available to them after perceived poor performance have actually got none to buy cos who’s gonna sell now? Small free float which has hammered us for 18 months will now work in our favour.. This could get very messy quickly…
@piwinner I think you said previously you have worked on M&A Is that correct? So where are we at with Apollo what’s the process from the initial non binding contact & timeframes? I know 15th May deadline but how will this play in your opinion..Thx
@Hoasi Yup & that’s why they are slowly closing they can’t do it quickly. I think they all planned to exit after results probably had a good idea of results even the Sunday Mail reported the losses prior. Moulding releasing Apollo interest has thrown their game plan outta the window. Slow exit now IMO hence the Jumps in SP after pi selling out yesterday..