CEO/MXCP BUYS, etc.26 Jan 2017 21:20
We know that MXCP bought 700000 at 53p on 19th. Can you find them above mid?
We know that Mr. Dickinson bought 185000 at 53p on 19th. Can you find them above mid?
They got them cheap, at bid - the year low is 53.5p
But you can find a trade of 885,000, shown as at mid, which adds up, immediately alongside 2 others totalling £680k plus.
The £700k or so on 23rd. are shown at mid too. They fit in with the trades at the time, as buys.
But I'm not bothered,. Rattle on all you like - they're all traded shares bought by somebody else who has made enquiries and is happy to buy.
Along with Kestrel and Mxcp who've both increased to 49%, and the CEO who made his first buy now, at this low. Good time now to get in/add they think.
And Kestrel have said they like to take advantage of distressed or other 'forced' sellers.
You say you're short too, like Yvey, with a personal 40p target over next few weeks. If there's some difficulty you know with the business that has escaped the CEO and the rest of management, and Kestrel and so on, please share it.
Graph showing down, that's obvious - but I think it will turn as a result of company progress. Unlike you, I believe Mxc/CEO/Kestrel know what they're doing, investment wise/timing and company wise.And certainly Mxcp and CEO know year end figures near enough, all contracted and repeat, with some new customers/sales of additional to old, with 10months of financial year gone.
Company better placed than ever, acquisitions integrated, capital costs behind us, Ireland/Australia and so on.