Member Info for Corryvreckan1

Interestingly, my IG feed is only showing a single trade volume for both of those events - I wonder if the second trades are transfers between MMs, maybe if there was an agreement for one to accumulate shares for the buy back on behalf of the other acting for SLP? They could maybe acquire the 51,893 easily enough on the open market but several 100ks more difficult? I'm guessing a little here though.

Amazed you got knob through LSE's otherwise puritan censorship.

Echoing Pokerchips' comment on not taking too much notice of the buy/sell figures, they are often very unreliable, particularly when there is a high volume of trades and the spread is quite volatile, or the reported spread doesn't align with the actual trading. The LSE algorithm can't always match the trade price to the right side of the mid point and so can often over/understate either side. Another share I'm looking at had a reported spread of 97 - 103 all day yesterday but most sells were c.97 and most buys c.99 - so every single trade was reported as a sell.

Habus, that Cameron contract is regular business for a company like WG, they won't issue an RNS (or PRN) for every contract win, only for those that make a material difference. Or if they are in a quiet period and want to remind the market they exist.

Yup, true spread looks like 97-99, it was 97-100 yesterday, so LSE buy/sell split on a reported spread of 97-103 is redundant.

Without news or significant buys could first drift down to the 100DMA which looks like levelling off around 92-93.

All resolutions were passed at the AGM on 22 June. Investor pages on WG website seem to be having some technical issues but can access the result via:

https://www.woodplc.com/investors/financial-and-regulatory-news?collection=push-wood-financial-news&query=!nullsearch&start_rank=1&sort=date

They also haven’t updated their calendar page yet.

They didn’t issue it as an RNS, it was a PRN instead. Found it on the Stock Exchange website as well and there are also many other activities that have been released as a PRN instead of RNS, including director dealing and holdings. As a result, this here website isn’t picking them up to show in the Live RNS section.

Now, does anyone know for sure what PRN stands for as I have exhausted all possible search routes and still don’t have a definitive answer? Closest likely answer I can find is PR Newswire, or it maybe to do with the Reach service, but it would be nice to know for sure.

I also recall reading somewhere recently that the Stock Exchange have relaxed some of their reporting requirements recently, but I don’t recall where and didn’t follow it up at the time. Possible that PRN costs less than the fee for issuing an RNS? If so then this will likely apply to many other companies where we won’t see all the relevant market info reported on sites like LSE who only pick up RNS’.

If the next trade is 5.4m x 28p it will show as £2m. LSE trade reporting system rounds all values above £1m to the nearest m.

I look forward to the day when one of my trades is rounded like that :) Probably not with IOG though :(

Giblets, the RNS dated 30th May has the confirmation.

nm

Trek,

I use II as well, which I quite like but mainly through familiarity I think. Some parts like the technical analysis and no RNS alerts I find frustrating and the extra £s for those things I’m not convinced about, yet.

Anyway, I saw your earlier posts and wanted to suggest that if you haven’t looked at it recently there may be savings there for you. I started on the same basic service plan as you:
£9.99pm subscription - £7.99 per trade - 1 free trade pm included as a £7.99 credit.
I then changed to the Super Investor plan:
£19.99pm subscription - £3.99 per trade - £7.99pm credit still applies, i.e. now 2 free trades.

I worked out that as long as I did at least 3 trades pm I was saving on the Super plan. I’ll let you do the maths on your own volumes.

A suggestion only if not already considered, not a recommendation, and I appreciate the Super plan may not be for everyone.

Best wishes
Corry