Member Info for Culpepper

Buy or sell?

Some more independent large holder may then be seen to be more aligned to pi’s interests.

“That said I hope that IIs will be looking for many multiples of the 8.2p share price before they decide to sell in concert.”

I’m hoping and expecting what we have will hold. And that an Australian cross listing will facilitate further institutional investment, tying up some of the float.

I agree. Selling into a rise, sometimes ongoing, is nothing new for those who have no interest in following the story.
Gets a bit wearing sometimes though.

Not exactly pointless. Is it, really. People like shares to go up on good news. In fact, the tendency is to expect it. I think it’s sellers, but will accept a cogent alternative.

Manipulation. ‘Capping off a rise’. How do you think it’s done. Honest question. No row.

Been in several like that? Will it never end? Then it stops, if company any good.
Looks like Day’s talk will include talk of bids, in a very general sense.

The news is excellent. Seller(s) in, It happens, when somebody wants out, to move on.

Rise being sold into. But they can only sell once.

You’d think Kestrel maybe feeling a bit raw having converted at 2.5p. But they’ve supported Mxc before, and seemed close.
I wonder about that. I don’t think they’ll have acted without an idea of what the future held. But I don’t know, obviously.

Options exist, but hopeful at some stage of personal investment by management. Just to maybe help things along a bit sort of thing.

Mxc largely ‘took the risk’ and provided most cash when the banks were, I think, on IDE’s backs. Hailed as progress for shareholders - no outside lender causing problems.
They’ve sought dispensations before from making an offer, from memory.
Whether in the planning or not, they finish up pretty much owning the company. But say they won’t take it private (yet) I sort of expected they would at some stage.
As a larger by comparison Mxc shareholder, I have no reason to complain. Wheeler dealers. I think I feel it’s a fair result for IDE, too, as do a few buyers just now.
Mxc a ‘mysterious’ crew though. No doubt in my mind their end game is to mastermind a sale of some sort, Mxc ( and us ) take a hopeful up to 40% premium, and partners and concert party take their rewards through Mxc, when Smith and partner Weaver retire, and close down Mxc as they said they are working towards.

I wouldn’t get caught up with all the sideshows. The value and share price will be in company execution of their plans.

They do sell on good news, particularly large holders, looking to exit and move on. Yet that, if it happens, should be short-lived.

As I was saying last night. In any share, you’ll likely never know, and all for 0.1%. Theoretically, could be any number at below tracking %age. Just the way it is.

Yes. There’s been some buying interest. Sufficient buying is the cure for whatever ailment exists or is perceived to exist.

When they’re truly shorted, they’re sold. Done. Of course they can’t restrain the sp.

SM It’s discussion, isn’t it, at hopefully an extreme end of things. It crossed my mind that at extremes counting my wealth by candlelight is particularly unappealing.

No hyper-inflation for me, thanks very much.

The short. What is it? Under £2m at todays price? Pretty insignificant. And it’s sitting. Doesn’t seem aggressive.
There’s always this possibility. ( cut and paste )
“You can hedge a long stock position by short selling the same stock. The problem with short selling, particularly for inexperienced investors, is that you could lose your entire investment. This is not possible when you purchase a put option. Your losses on a put option can go no higher than whatever it cost you to purchase the premium. You also must maintain a specified margin level if you decide to short stock in your account.”
And if it is a short rather than a hedge or something, and they have arrangements to buy back at a price, it may just disappear without even a whimper.