Member Info for BodRuncie

Shooting the messenger rather than engage with the points I raised?

From my experience in investing in companies that end up also listing on the OTC exchange in the USA, don't expect fireworks.

What I have found is that if the UK stock market shoots up in the morning, the US traders can end up taking profit after hours.

And if the US market conditions tank after the UK closes, then the UK will open down the following morning.

It's great to allow more investors on board, but an OTC listing can exacerbate swings in the share price.

The OTC markets (over the counter) are available for trade with specific brokers, but aren't as universally traded as e.g. Nasdaq shares.

That was my point, if you read my post just before the one you quoted.

Fixating on buys vs sells is for mug punters. Volume and movement is a much better indicator.

I had a read through of the July 2024 Investor Meet Company presentation, and just curious what everyone's thoughts are for fy25 revenue?

Fy24 saw a doubling of revenue. Is it going to double again?

There's zero risk of delisting. There are several institutional shareholders, there was no problem raising capital recently for the Aquaflow acquisition, so why delist?

The NI increases are affecting business, but indirectly. REAT have said that they have cost increases built into their contracts, so they are passed on. It's more that REAT's clients are facing economic headwinds and reducing the frequency of cleaning services.

Credit to the board, Aquaflow looks like an excellent acquisition.

Reaction this morning looks overdone, probably impatient PIs. REAT is a well managed business, and though these headwinds are out of their control, if they can start to get some improved cross-selling from their new digital system, they should be well positioned for the future.

Might need some patience, but this is a good business.

And just going by what's listed as buys/sells on lse.co.uk is useless, because my purchase on Friday at 30.89p was listed as a sell!

I would presume also that the MMs trying to shift those shares over the past few days is what has caused the sp to slide down to the current level.

I would ignore the printed share price and just look at the chart over the past couple of weeks. Suggests that an outsized transaction is most likely a sell.

*p.s. but I have been wrong before!

If the £832k trade was bought from the open market (cumulatively, i presume), i would have expected there to be upward pressure on the share price.

I bought a (for me) decent amount at 31p a couple of days ago, so no shortage of stock around.

I would then suspect either a very long-worked trade (averaging at 32p), or, as PaulFG suggested, a trade between accounts/vehicles.

But i doubt that those shares were bought from the open market, no matter how patient the investor!

I don't see what the problem is with SM posting buys or sells?

The share price will do well if the company gets its act together. Nothing to do with 3 PI trades.

And if other PIs don't know what they're invested in, and they sell too, that's their decision. It has no bearing on TXP drilling successfully and on budget.

I appreciate the honesty of someone posting buys/sells/trades. Having a pot for holding and a pot for trading makes perfect sense for many shareholding.

Snap!

Lol 😆

I was hoping for 100p at some point so 87.5p is a little disappointing.

But perhaps this is the board's way of flushing 9ut rival bids? We'll have to see if Tim Scott and his 29.% holding is happy to accept 87.5p for his share or whether he would put in a rival bid.

Yeah, I was expecting an equivalent drop today.

But SEPL has always been contrary around dividends. On occasions SEPL has even risen *after* ex-div date!

Can someone with more brains than me please explain why the share price dropped 5% on this news!?

If that oil is indeed "sweet", that is a highly valuable secondary asset in the Montana fairways for Helix!

1. Extract Helium from these wells

2. Extract helium from Flathead in areas with no oil.

3. Look for oil partners to extract the sweet oil.

If the world were in its right mind, this share would be reading ATHs today.

TST is one of those small unexciting UK companies that quietly gets on with doing a good job and getting slightly better each year. And pays a decent divi too.

FNX is another one, but probably gets a little more attention because it's based around mobile phones and payment processing tech.

I'm not anticipating anything untoward in tomorrow's results (and the IMC on Thursday), and so the current sp is a bargain for the business.

I added more today. Long-term this is only going one way.

I agree.

The sp dipped on the previous trading update, but that was only because the revenue from the previous reporting period was delayed until January. That revenue has now been booked, Canada and the Middle East are go, this company is only heading one way, and is currently ridiculously undervalued.

I think it's more likely a reaction to AGFX's update today rather than anything specific to FIN.