Member Info for HorisM

Will Whitehorn bought £57,000 worth

thats a good chunk.

13-Feb-24 12-Feb-24 Buy Nigel Pocklington 250.00 GBX 2,000 9,500

13-Feb-24 12-Feb-24 Buy Will Whitehorn 247.00 GBX 5,000 57,000

Nice big buy

12-Feb-24 15:22:00 102.00 1,979,000 Unknown* 102.00 102.20 2m O

Big potential here now:

https://www.capitalfm.co.ke/business/2024/02/airtel-eyes-africas-fibre-connectivity-market-with-new-entity/

Price Consolidated = ready for a move back up

Sellers clear, move back to the 500 region on the cards.

Floor and stable.

Time to load up and hold for the nature rise back up.

Thats amazing insight @NigeCo, thank you for the investigation.

So if the large share accumulation and the share buy back are we looking at a takeover......

Would be good if Franklin Resources were in the process of buying a big holding to sell to a client as part of a takeover bid.

Is there a takeover about to be announced and someone has found out and buying big chunks of shares now and using auti sells to keep the price down?

This looks like another big buy that LSE has wrongly labelled:

09-Feb-24 15:17:33 38.5364 129,650 Sell* 38.44 38.92 49.96k O

You might be correct NigeCo, someone could be loading up outside of the share buy back.

Those will be share buy backs:

09-Feb-24 14:17:19 38.968 76,576 Unknown* 38.54 39.00 29.84k O

09-Feb-24 14:16:59 38.7875 50,000 Buy* 38.54 39.00 19.39k O

09-Feb-24 14:16:43 38.891 127,899 Unknown* 38.54 39.00 49.74k O

Scrapping the barrel!

Read the tape, its just the algos that are selling, the well is empty now.

the MM need to raise the sell price up back over 40 to get anything going.

Autos are scrapping as there are no real sellers.

They are then bundling and selling as large buys, and scrapping again.

There is no free float left, real sellers have dried up.

Scrap scrap scrap - the autos are starting to be stuck, no real sellers left

Selling now would be a trap, the action is north, hence why they are using auto sells to scrap the market.

No freefloat share left to sell - its just the autos from MM selling at the moment

Yeah the decline has been brutal.

However, we have to take action based on current and future trends.

Looking at the company the revenue they are expecting, even on the slim end, makes this a good value play.

And to my eye it looks like will the share buy back the MM are scrapping the barrel currently, hence the nasty attack.

The auto sells being used by the MM to gather shares is impressive.

However the tide is now against them, consolidated share holding with any buys causing a fast bounce.