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I think this share is undervalued and I have just bought a few for a long term hold. If previous experience is anything to go by then it will fall but eventually recover to make a small profit.
I see Albula are increasing their holding with another million purchase. they are up to 13.5 million now. They sure do mean business!
The elusive partner for Eddie Jordan is Vikrant Bhargava who is a billionaire. So let's hope the funding is there for an increased bid of approx. 3billion by 26th January. And then who knows where this will go.
GLA
I see from today's RNS that Ms Lo Ki Yan took advantage of Friday's share price fall to increase her holding. Now up to 4.5% which is approx. 13.8 million. I hope she continues to buy more.
Stefano it looks like you have got your wish. I hope you find lots of spare cash under the sofa. I note that Karen Lo Ki Yan and Paul Suen Cho Hung have increased their stakes in PTEC to11.4 million ( in the latter's case).
Paul suen cho hung now has 3.2% of the shares which is approx. 10million. Is this the reason for the share price movement and if so I hope he buys more and makes an offer for the entire company. Fingers crossed and good luck to all holders.
Jatw. I thought the JXN price should be about £40 or $55 per share but the market makers know there will likely be heavy selling of jxn by UK holders and are just seeking to make easy quick money by holding the price down. I agree with you - keep JXN for a year or two and see what the price is then.
DenFos I agree I don`t think this will drift too much lower and like you I bought a few more at 102p. for a medium term hold with the hope of seeing 150- 175p. GLA