RE: Things have changed!29 Mar 2024 13:09
great posts and coverage once again, ng.
i'm encouraged also by the fact you have been inside the doors of the company and heard how they are approaching the future first hand which has always reflected in your summaries and gives a true insight. i think that is a great benefit to all of us here on the outside looking in. much appreciated.
i agree with your thinking and i've been convinced since the hedging deal then the y/e results that it would be shell buying on the open market, along with probably miton who have always seen what the goal was here. the action since results looks and feels very different and no longer are these infamous twitter traders able to control the narrative as they have done so in the past. in fact, i believe they have already done their usual 'pump then sell' but it backfired this time as the shares were gratefully hoovered up into ii hands and the price didn't bat an eyelid! it was only driven down in the first instance by old, dated accounting from 5 years ago, (by a different cfo) and they can see that. as you say, looking forwards not back from whence it came!
if that is the case, it could get very exciting as there is no longer that chunk of float for those aforementioned traders to 'rinse and repeat' as done before at previous levels, thus stalling the progress we all knew was due some while back. the price could roll on quickly with 90 + % held in tres sticky hands now and bk can concentrate fully on the job in hand.
delighted to have found yu in 2020, when walking my dog by it! i have added all the way from £1-£9. i must state again that my own dd has been backed up by great research shared here (and minus the troll(s), on the other bb also) to keep adding and and keeping the faith. so my thanks go to ng, sparky, ****er, ipc and snn for their efforts over these years. hope you enjoy the fruits going forward and happy easter to all investors here.
dave.
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