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That's wierd , I have been checking the LSE website for this and it IS NOW THERE.
https://www.londonstockexchange.com/news-article/BT.A/holding-s-in-company/15011551
but I am pretty sure it has been uploaded retrospectively. It is clear that Altice do now own DIRECTLY 12. 1%, though the compensating reductions elsewhere are not visible and I'd be amazed if they could have hoovered up that many without a few compensatory lowered holdings .
Still, it confirms that Drahi has actually spent over £2 bill on his holding and IMV means that something significant is likely. As we all know there is mega unrealised value in Openreach, maybe Drahi has a cunning plan?

Bimmer .. i was subtly(?)suggesting to char that he should be out of RDSA by the ex div day!!

Hi Velo where's your data from ?

RDS ex divi 12 August .

Coffee's working! Couple of points to add to my earlier post .
Dessy's list of other significant holders must by implication include some who have taken the other side of the Drahi deal ie they have agreed to make their holding available for sale at a price somewhere above last weeks, to bank a profit. They may have held for a while and be well in the black . This means a bit of double counting in that those holdings are not IN ADDITION to Drahi's but form part of it, and of course if the transfer of control takes place , will not necessarily drive the SP higher , so we might see a pause in upward momentum soon. There is also the risk that Drahi , having stealthily accumulated could equally stealthily exit , with a profit. The transparency of the market only applies to us mere mortals.

fleccy .... yeah re OFCOM , I've had my second cup of coffee now and functioning at near normal levels... ie from poor up to nearly adequate!!

There is a much more complex story behind Drahi's position than has so far emerged. It is very obvious that he didn't get from zero to 12% in two days , 'cos he isn't actually at 12%.
His initial approach to the BT board last week was to disclose that he "CONTROLS" 12% of the equity and indeed the holding RNS's to detail a transfer of OWNERSHIP just haven't turned up .
In order to construct his position in darkness, he has apparently done deals to take an option on a number of shares , which are still technically and actually "owned" by others , he has maybe CFD's or other indirect means of control. This has not cost him the ~£2-3 bill. full ownership would have been but offers the same degree of upside.
The net effect of this approach is broadly the same as ownership in that he has a significant say in the future direction of BT and if they don't go along with him he can, if he chooses, and is willing to pay up to execute on his various indirect holdings , vote them in his preferred direction .
What that direction is, is not clear yet except that it is to make a profit. We all recognise that BT has been chronically undervalued, in some cases for good reason. I posted here some considerable time ago that the depart of Dame Sharon from OFGEM was BT's best news for years and so it has proved, the recent OFGEM rulings are more sensible and substantially beneficial for BT . The Covid "ill wind " has blown BT a huge amount of good in the recognition of the need to "Fibre up" the UK and the long term rumours of the spin off of Openreach , even if it never happens, is hugely SP positive.
As a shareholder here and one who has taken the opportunity of the Covid effect on FTSE stalwarts like BT, LGEN, LLOY,....to add significantly in the expectation of a return to normal valuations for boring companies which make reliably large sums of money each year, I expect the BT SP to progress, it may be no more than Drahi seeing the same very obvious investment opportunity or something much more dynamic , either way it is good for holders.

I have no doubt that the ITP sale will complete, but having the Basque government seeking to skew the process in favour of their home based company is likely to drive the price down not up . Better ie higher bids might be prevented by the Basque's wish to reinforce their domestic economy.

I was allocated ~60% of my bid , indicative of strong demand, a very good stable, exceptionally boring, long term hold in a growth area. Just my cup of tea!

I had watched RFX for a year or so before I started buying as a result of last years very sharp (and IMV temporary) collapse in the SP. During the previous four years they had more than doubled revenue and quadrupled income. It looks as though this is a well-managed , conservative ,but effective company in a number of growth niches, international travel will return , sadly pawnbroking will be highly profitable for the foreseeable future and the price of gold and jewellery is trending upwards. The company is also planning a controlled expansion . On that basis, and the assumption that this will return to something like the previous revenue levels , if not the same trajectory , I am assuming that for the year to Sep 2022 they will be reporting revenues of at least £70 mill and an income(well?)in excess of £6 mill, on a reasonable low double digit PE that would generate a rise in the MC (and hence SP) of 20/30/40%. that fits my profile and I will hold/accumulate at these prices.

Hi Falky thanks but as I pointed out it's not me I'm concerned about . I have my own very staid , ultra boring steadily accumulative strategy which I've run for almost thirty years now . I was merely trying to put in to context the very large sums relative to your original stake at risk if the market turns against you .if your posts are fair reflection of your positions , and I have no reason to assume otherwise , then I guess that you are down ~£10k over the last couple of weeks, will have had margin calls against you every day so you are obliged to pony up or recognise a loss and have an all out risk of hundreds of thousands(I know that would only be in the case of a major market collapse but it is possible, not probable but possible) on an initial outlay of maybe a few percent of that. I want to make it very clear to those reading your posts and heaven forbid emulating you that you maximum risk is a large six figure sum .Mine is greater but is spread over positions in over forty different entities , and three continents.

Falky... as along term cautious investor your position as described terrifies me . It seems however that they have attracted considerable interest from others on this board . In order to illustrate to them how high risk your strategy is (I assume you are trading spreads on margin or CFD's?), if that is so I would love to see you outline the initial margin you have at risk and the implications of margin calls as the position moves against you . It's not for me , I have learnt my lesson years ago from options trading, but I think those others reading your somewhat brief posts could learn from a more detailed explanation . EG at the mo. AIUI you are ~£4.6k down and will be coughing up a few hundred for every penny fall in the SP. Are you willing to illustrate that? or if I am wildly wrong(it has to happen eventually!!!)put me and others straight.
Over to you .

First an apology. My post a few days ago , though intentionally pointing out that I felt your relentless negativity was unhelpful and inaccurate and not based on sound analysis , was more unkind than I intended.
Second an explanation . As I have posted on other boards I seek to offer constructive input in three areas , based on my lengthy time as an investor, to clarify some basic facts about how the markets work and to "call out " posters whose input I feel is either mischievous ,malicious or ill informed. I'll put you in the last category.
Third a bit of background . The reason that RDSA and RDSB exist, goes back to the merger between what was Royal Dutch and Shell TT and the subsequent ending of dual listing in 2005. As you now know the RDSA shares are listed in Holland and the UK and are usually valued slightly higher than RDSB. The reason for that is that in the event of bankruptcy the "A" shares rank higher in the capital hierarchy , ie they would be first in the queue for the left over lolly, though obviously that is a low likelihood, and as you also know the problem of Dutch withholding tax issues.
Fourth I think your pessimism is misplaced . I expect RDSB to rise steadily from here for some obvious reasons, ie the likely rise in POO, the recovery from the Covid slump and the extra oil consumption that will create over the next year or two, the tidying up of the Shell empire , exiting low profit areas, I still think that rationalisation of the former British gas (which as a holder of BG was IMV, a steal ) has some way to go and is steadily revenue accretive and the already extensive migration of the company in to "green energy areas(replacing oil with gas, cutting flaring ,Shell's large and growing wind business, and the likelihood of carbon credit revenue growth, staff incentivisation, ......)
I don't do numerical predictions(that way I'm seldom wrong!!) but I am confident that RDSB will achieve my >10% per annum compound growth target via both SP growth and divi's which I use as my folio objective.

Jomack I accept that others have a different view from mine , and after submitting my view and the reasoning behind it I leave the discussion . You are correct in that we could waste a lot of keystrokes getting nowhere, I will keep a watching brief here as I have done over several years and wish all holders good luck , or better still , good profits.

MIlk.... Can you really not see that shares representing almost half of the company's value on sale at a knock down price is extremely relevant to the SP and hence its current valuation?
Can you not see that the acquisition of Uskmouth is being seen by the market as a major error?
Can you not see that until SAE is completely disentangled from the GFG fiasco the SP is likely to go nowhere?
Can you not see that the SP falling from mid 30's when I sold nearly four years ago is a reflection of all of the above?
There is value here, maybe at this price, but I have learned that a probable loss avoided is better than a possible profit missed.

Skelotor .... I was typing while you posted your comment . Your analogy is flawed . What actually happened was that Atlantis as was (now SAE), exchanged half of their tidal power business (then valued at ~£45) for the Uskmouth plant and the opportunity it provided. It has subsequently been suggested(in todays ST article) that "it is believed that GFG paid about £1
MILL for Uskmouth" as it was intended to be recommissioned to provide energy for the nearby liberty steelworks GFG owned. So what Atlantis appeared not to know was that they were effectively paying ~£22 mill for something that GFG had acquired for £1mill. Thus whoever acquires those SAE shares will be as well informed as you now are and will not pay anywhere near their value in the original exchange. that this is well understood is why SAE SP is where it is now. Atlantis back in 2018 were duped and the company is now suffering the consequences.

I know Collingridge slightly and I know that he has been closely following this story for more than three years. So when his article says " there was no credible plan that would allow the plant( ie Uskmouth ) to be re-lifed as a biomass or clean power plant" and " commercial operation remains a distant prospect" I accept it as a well-informed view . That, taken together with the apparent change of heart from the Welsh government and the wider reservations about the "green credentials "of recycled plastic as Biomass leads me to discount the Uskmouth venture from my calculation of SAE's value. As I have said several times and as I believed when I first invested here some four years ago and still believe, there is a real ,valid, green energy business here but it is uninvestable (IMV) until the GFG/Uskmouth matters are resolved.

John Collingridge of the ST has similar story in todays paper. For those with no access to either paper I won't breach copyright except to say that Transasia, apparently lent GFG ~£50 mill and accepted GFG's stake in SAE as collateral. They are now suing to get that stake , to , presumably ,sell on to defray losses on the loan. They will clearly not recover all of the £50 mill , nor even close, and will no doubt endeavour to cash in on the asset as best they can by selling off to at least two willing buyers. Hopefully it means that the marine element of SAE is still a going concern , but it is essentially a write off of the bulk of the value in shares that SAE gave to GFG as a the price of Uskmouth . The future of Uskmouth now seems very bleak , or even terminal.

HI Char.... I see from your posting history that almost all of your last 500 have been about RDSB . I also note that you say you have been a holder of Shell for 18 years , and yet until recently you had failed to understand the implications of holding RDSA rather than RDSB for a UK based investor .I am relieved , because that means I can treat your constant moaning and repetition of negative assumptions and SP predictions as no more than the grumbles of a poorly informed and disappointed punter.
If it helps I would strongly recommend that you trade out of your RDSA in to RDSB ASAP, where you will not be subject to Dutch withholding tax of 15% on divis. I hate to guess how much that has cost you if you really are an 18 year veteran of this stock. My other comment is to suggest that by your own evidence you really don't "get most right". Had you been acquiring stock over the last year or so you could be ~50% in profit!

Blue... you're too subtle! I agree that a double is the correct conclusion from my figures.