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Posted this on Linkedin : Lord Bethell may have broken or lost his phone but Abingdon Health did not lose theirs. Having been in dialogue with Chris Hand whom I know and trust He absolutely confirms that they have never received any texts or WhatsApp messages from Lord Bethell on any matter or from any other Government Minister.
https://bidstats.uk/tenders/2021/W17/749797500 signed 24.03. So the Government are still putting money into the UK manufacturers. Which is a massive positive sign of intent. My estimations that the next lot of stuff is going to take capacity to at least 20m a week (not all ODX obviously).
£20k at 45p ....................................I do have considerably more at 87p though! At least had some money to grab some. Drop tremendously overdone, have a feeling some bigger investors got blown out through the drop.
University Of Birmingham stake 4.8% - the home of Jon Deeks. Bizarre
Wouldn't be surprised if the investment fund being started by David Evans is grabbing shares at these prices. Well that is what I hope - definitely stickier hands than del boys and chums!!!
Lets hope some of the "new" money coming into buy the shares since the drops have stickier hands. Would love to see a positive TR1s with some decent long term investors on. My fear is that all the drop has caused is low entry for a new pile of pump & dumpers (who to be honest & bregrudingly feel will strike gold). Seen quite a few of the P&D crews take positions on Friday - now ramping like crazy on Twitter and such like, which might be good for short term SP boost but won't get us anywhere long term. After the last few weeks, I would like a little less volatility, but don't think this will be the case. Big big gains to be had, yes, SP to track neatly up .... can't see it. LTH will know about the mechanics here, just hope the new shareholders don't keep us back and f&ck us up!
I know it's not 100% right, but at the moment all news (good, bad, indifferent) is being sold into by fairly big sellers. Once cleared out I think this will go some. It'll be very interesting what type of hands all these shares are ending up in? At one time this company had a large % of shares in only a couple of peoples hands, that is no longer the case. At least hopefully we will then not be at the mercy of one or 2 big players soon, but a more balanced portfolio of investors with higher buy in points.
Just looking at the rule on shareholder disclosure obligations. An investor who goes beyond 3% has to notify within 2 days of it happening, they also have to notify on any increase or decrease in such holding through any single percentage point. So what have I just seen with Legal & General. According to their previous TR1, they had 9.14% and now are under 5%. 9.14% being approx 16.36m. However according to what was posted here last night and on a few sites (including Omegas) they had 10.64m (5.94%) last week, prior to the sell off that took them below 5% on the 28th. So how have they managed to sell 3.2% (9.14m to 5.94m) of the companies shares without issuing a TR-1? Like I say every 1+% drop needed to be notified, and this doesn't look like its happened?
I think sometimes the confusion comes about because a lot of PI's shares are shown collectively under their brokers names, i.e HL, Barclays, AJ Bell, IG etc - essentially they are shown by proxy. This share is pretty much dominated by PI's (now... I think) but you will not see that many individual "peoples" names on the large shareholder list, as they are masked by anonymity until they get over 3%.
He has been selling for 12 months. He announced his retirement back end of last year, and has been selling consistently since then. This was pre-covid. He is very successful, and from what I gather is a fairly disciplined investor who sticks to his guns. Seems still a pretty young chap, and has used some of the cash to invest in quite a fair few companies - so I'm guessing he is looking at new challenges. I don't take his selling as a slight on the company as the share price has gone up 6x at least since he started selling. So far I haven't seen any comment from Colin re: him selling - which is odd as he had 30% of the company shares. His brother in law is Jeremy Millard (NED) so I'm guessing comms between them all, are still pleasant and cordial. Can't help thinking there is more to it though, not in a bad way, but things have been manipulated a little too much for my liking or understanding. Guess it will all become clear on the next jump up! GLA
At one point the guy owned 30% + of the company, and on last official count has 12.45m shares. If he decides to have a sell order for 500,000 shares at 76.5p for example, it can definitely influence the way the day's movements go. No doubt. People see piles of sales, and follow suit or vice versa see piles of buys and no movement and then question whats the point. Either way still think he has a huge bearing on exacerbating things. But as allows DYOR. I see all these people blame MM's for SP action, but for a large part of the past 12 months he has pretty much acted like a MM with the size of his holding - and can manipulate things. Could be bored now he's retired!!!!
Ignore some of the text in my message somethings gone wrong !!
Yup a few issues, but just ran a chart of Sneller dates when he crossed thresholds and such like, and when he or his broke want to they can put breaks on any momentum that is going, pretty quickly. On the months he's flogged 4m shares the share price has dropped 20-30% in that time period. On the time periods he hasn't sold that much share price has shot up. Obvious really, but in a share without any large insititions - he is essentially the Market Maker (or has been).Last TR1 was 15th Sept with a holding of 12.45m could see this being severely down soon (as his reporting of holdings isn't always on time).
I agree, he's not done to bad from it!!! though he cashed in quite a few back end of last year too when it looked like he might not have made much money on them. Can't help thinking he's still keeping the price back in check though or his brokers are. Think there will be some serious upwards movement once hes out or stopped selling ... but Im guessing he'll go fully out now.
Hi, any LTH have any info about why he started selling a year ago? I'm guessing its been discussed somewhere in the forum in the past. I know some elements have been for charity, but majority seems to be funding his retirement. Looking at his holdings he seems to be selling approx 3m - 4m shares a month and has been doing it for nearly a year, my estimations are if he continues to a zero holding it'll take us to xmas. I know he's the brother in law of Jeremy Millard (Omega NED), can't help that his selling is being or has been strategically used for some reason. Any views?
As I still can't work out what the IG tracker is showing, and to show im not just quoting sells, I've just seen a 470,000 order, looks like a buy @73. If anyone understands what IG is showing or is on that platform let me know!!!
Not trying to spread anything, interesting to know what IG trade tracker is showing me though, as a 260,000 order has gone through too @ 76.25. I guess IG must be spitting this stuff out for a reason???? ANy clues
I'm on IG and saw it on my volume ticker at 15:00, 311,488 @ 76.50. I can't see it anywhere else at the moment, don't know when the order was started as I normally can match them back
Just seen 311k sell go through, delayed. Explains some movement
Just thinking short term, I think we could be some way of home use, and testing will have to be done with someone - be it a nurse or medical professional in these situations, or trained staff being put in Boots and such like. Saw this advertised for David Lloyd gyms https://dlmembers.bloktesting.com/product/dl-leicester/
Really think we need to be (or maybe we are) making inroads with the private sector