RE: Very quite day today19 Jun 2026 19:20
Tech you said, “As I speculated yesterday - and Green seems to agree- I logically cannot see that circa £500K trade being a buy.”
OK, let’s go with that because if it was a buy, it will get announced at some point, and while it has not been announced let’s regard it as a ‘sell.’ So, we are talking of around 3.3% of the shares of the company being ‘sold.’ When I checked the live trades, it was time stamped as first thing, but announced at market close, so had been worked from the moment the market opened. The price it was ‘sold’ at was 3.3p when the market opened at mid-price of 3p if I remember, which means the ‘sell’ was at a premium.
You also said “Surely the only possible answers are that management have cashed in share options/ Frazer Lang has sold (he is a businessman, not a charity), or a big holder (Neil etc) is cashing out...(I have no idea if he and his pals have that many shares).”
If FL had taken time to accumulate and then all for a quick 1p profit then decided to cash in, then we have serious issues. However, if this was cashing in on share options we will soon know and this is another sign that potential takeover, or partnership is coming, and moreover who acquired them.
The price in my opinion is now currently detached to what is going on. What is going on, is clear from the recent news, accreditation, patents confirmed, no one can say these are negatives. The price dropping does not have to be viewed as negative, but it might feel that way to a short-term trade, or money one cannot afford to be tied up too long.
I truly believe and this is only me, that the price will correct itself soon, and any drops are being bought quick. Its again only an opinion but we saw one individual saying they sold after being here a long time, and they are the dream seller for the accumulator, so how more of them have there been.
I have no criticism of AS, as they are working within a highly sensitive environment where you really cannot afford to have anything leak, professionally, legally, and economically to please someone’s faltering trade.
It’s a ‘sell’ until it’s an announced ‘buy’ I did say a couple of days prior to any news that accumulation does seem to be the underlying strategy here.