Member Info for dc2_

Hopefully it is Raza buying them off Furber ;o)

Agreed, either this killed the price when it was at 18p (so historic) or they cancel each other out.

Can people transfer (like an ISA)?

30K a transaction is not an ISA thing - someone arguably got a good price for such a large amount. Hopefully, these are not JF or Raza getting out.

Try opening a private browser window - then refreshing it - this site is not great for that

or try

https://uk.advfn.com/p.php?pid=trades&btn=trades&symbol=LSE%3ATRAK&montage=1&dt_select=1626422400&the_datepicker=16%2F07%2F2021&trade_set=1

They are listed here - as ordinary delayed publication historical - I guess they must be from the last TU - but so long ago

Just seen two very large share sells. Thought they were ISAs, but over limit. Didn't affect the price.

15.015 199855
15.0 199855

Not a clue, if a buyer wanted shares then why not increase the bid to encourage sellers - especially as that is what is really happening (just not visually)

Wow, such a long holiday, have a good one.

Tried a dummy sale today - 10,000 gets 16.1 (so the two reported trades are sells)

Based on that, tomorrow's RNS will be that JW is stepping down and after an extensive search, he could find no better candidate than his son to replace him. ;o)

It is always unsettling to hear the guy who has their pulse on the finance is leaving. However, I think you are right about not being too concerned. I have already pointed out that a couple of months ago he and his wife transferred more of their shares to ISAs. You do not do this if you think you could make a capital loss.

I think the options are too much, especially now the 50p target has been silently discarded. Yes, no indication of a take over - although, I am still curious why they went internal for the new CFO. Obviously, it could be that nobody wanted to take the helm, or they know it will be a temporary position :o)

There can't be too many bulls left, as you say, it may explain that large sell.

It never rains but it pours with this company. The only good thing about this is that the share price has to be higher than today for them to make any money.

I am seriously disillusioned at the moment (not selling). They could at least sugar coat the last two announcements with some positive news.

Trakm8 has been a dog for years, covid has not helped. It needs to start showing the green shoots of growth, then it will attract interest.

15th of Feb this was reported

https://www.commercialfleet.org/news/latest-news/2021/02/15/trakm8-launches-telematics-solution-for-grey-fleet-and-rental-vehicles

Sadly, I agree - when the CFO leaves....however, it does happen - people get offered better things.

Perhaps the share price will recover now (especially if he sells) - his history of timing buys has not being good. However, he won't be able to sell under the radar until the end of Sept - by then we will be in line for a new update. If he sells before then I may just join him.

It is a little worrying about him giving up those options - 700,000 at 15p per share (50p less 35p option price - if I understand it correctly) is £105K. Suggests he does not see that coming any time soon :o(

Thanks, I am thinking about people like Mansfield (who should buy some shares!!!). 400,000 options if I remember rightly.

I am going to assume he was given an offer he couldn't refuse. I agree about the lack of proof reading.

I am surprised about what happens about the options. I get it that he would benefit from his 1% ownership but what about the people who have been given options that do not own shares. All that incentive to work hard for what?

Additional thought about option 2. He bed and ISAs every year (last time in March). You would not do this if you did not think you were going to avoid capital gains (or losses). Makes me think this is an unlikely reason.

I read it a Jon is being replaced by Jon and John says.... perhaps the company should be called JohnM8 (John and his mates)

But seriously, if option 2 then I would expect to see 1% of the company shares being sold. If that happens, then he does believe it is worth taking the hit (and we should take the hint)

Hopefully, it is option 1 or, as you say, a personal preference for his interest.

Would have preferred resignations of MW or the Cowleys (I am not saying any of them do a bad job, just about removing the old guard)

Not great news, I always thought Furber was a breath of fresh air.