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Re Yorkshireman - how close you are with your comment

Other than that, can all the great PR the company spins out push the share price up. Albeit given just how tightly held the shares are , I wonder if they ever will move. I am sitting on a 60% loss and keep being tempted to dump them - ruins the performance of my portfolio, but I will kick myself if they ever get taken over.

Voluntary variation of Permissions - essentially CPP ceased undertaking regulated insurance activity. I don't think that has been lifted from them yet. Rather limits UK activity.

Its all about the salaries - as I have posted a number of times, this is an odd business and has very limited liquidity - most held by Shroders and Hamish Ogston, the founder. I am simply not convinced it will fly - management are rewarded through bonus and salaries. There is no logic whilst still under FCA VVOP (restriction) for it to either fly or be admitted to a more senior market.

Straight purchase or options vesting I wonder.

Share price is on the floor.

But has risen over last 2 days - why ?

Not 100% certain.

The business is still subject, i think, to the UK restriction of FCA permissions - the VVOP. that limits regulated activity.

But with Blink and the investment in Asia they seem to be spending money. Until Hamish Ogston and the 2 institutional shareholders do something, they share price will be illiquid.

i have to say I was surprised at the drop a few months ago and cannot understand why. The CEO buying is good sign albeit with his share options, not sure why he would. .

Current story or the back story ?

Back story well publisised in the past.

As to the future, who knows as many have said here recently and over past years - the significant holdings will stifle share price growth albeit the CEO share purchase is interesting.

I agree entirely - as i said in another post, what are fundamentals - the RNS had nothing near enough of substance to justify some of the optimism here.

Excuse me, but you must be wildly optimistic - on what fundamentals do you think it will get there ?

As a cynic of the company, Owl looks good and useful - it must be a soft launch. Whether it is worth £3-50 a month on an ongoing basis is another thing. It is a non insured product, so dont see this as a sign to regaining regulatory permissions. Small steps...

There has been nothing of substance from this co for a while and no director buying. As I have said before, tangible evidence of new products and a relaxation of the regulatory restrictions are a must for the SP to go anywhere - without it, the business ever shrinks. It might be the goose that lays a golden egg, but it needs real tangible evidence of so doing IMHO

Er, look at it today - 12.7% !

Surprised no comment on here about the new IT system being dropped for an in-house solution. Expensive buy out of the new system Look at Insurance Age for a perspective

Focus on the future not the past - the UK and overseas business is what it is and reducing as set out below and in the Annual Report. What we need to see are clear signs of UK and overseas growth; products, distribution and regulatory approval to sell (VVOP lifted in the UK),

By the number of live policies ever reducing as customers do not renew (age, disinterest, lack of perceived need etc) and no new ones sold to offset - basic rule of business

It all seems quiet..........

New Director announced today ....

The £174,000 was pro rated from 30th July, 5 months work Total comp was £735,000 for 5 months work Facts; page 37 of the Annual Report for 2015

I think he said the opposite about the new CEOs pay ! It is lower than the last two CEOs - look at the annual reports !

There have been some very odd posts over the last few days, talk of the company collapsing. The fundamentals as set out in the recent Annual Report haven't changed and nor have the 3 largest shareholders. What has changed is the Board, CEO and potentially its approach to product development and re gaining regulatory approval to sell in the UK. The fundamentals are unchanged as others have commentated

You can bet he was behind the appointment of the new CEO, how else would he have appeared. There is something behind the boardroom coup, I cannot work out what it is. It must be more than non delivery of new products, not having the VVOP lifted and rather generous bonuses / share options. Would love to know what it was. I still sense a take private by Hamish Ogston at some stage soon - question is, at what price ?