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Is really interesting and based upon a slightly outdated Shareholders list on the company’s web site we have:
76.52 % of shares owned by named shareholders on the list
2.63 % of the company’s issued share capital was bought by D. Holdsworth that’s over 2m shares
The announcement gives the date the threshold was crossed and the date the company was notified as being today - 3 May
Can’t see the 2m+ share trade going through so if the trade was made today we should get notification, of course this buy could be the reverse of a listed shareholder selling.
Either way there’s not to many shares in the hands of private investors so I assume when the share price takes off it will most likely rocket….. lol
Well that’s my two penny’s worth .
Anyone else care to comment????
But if the company sells 1,000 shares for 7.5m and still retains over 6,000 shares how come the current market cap is just over £10m….. maybe I’m missing something here… happy if someone can explain the apparent mismatch…..thanks
This morning and managed to buy some in the 150’s increased profits and substantial increase in cash reserves with a promise of more to follow…..wish I had bought in a week ago but that said I’m in now so let see how it goes.
Anyone out there got anything to add - like strength of the board etc.?
Thanks
To see the rise here today - not really followed the company but there’s been quite a few trades today and apparently the shares are held pretty tightly. Looking to buy in and am being quoted sub 50p… I guess this could be the pre lunch fall or is the rise over?
Just bought some shares here this morning. Sure it looks grim but there is plenty of cash due in from a delinquent investor and capital sale proceeds. Maybe the announcement is just what is needed to crystallise action. Looking forward to this afternoon’s call - should I be able to make it. Gla
Placed a limit order at 8am - just trying to round up my holdings to an even number - I thought 0.36 would be ok - clearly no chance……. Lol
Placed another small order thinking I would pick up a few on a fall back… again HSBC struggling to fill an open order…
Thought I’d buy a few in KIBO - after all their holding value in Mast just increased by about 100% and surprise surprise that order got filled…..
Anyway Gla….
I doubled my holdings here today and topped up with 88e as well. All things considered looking good and hopefully a continued rise into the close. Also, let’s see what happens when the US market opens…… Gla