Member Info for Jjalltheway

Premier Miton buying into an Aquis stock is huge. Must also prove AIM close

What a difference to last year, and now the large seller out the way should see then heading back in the right direction!

I assumed that but I was wrong.

Since the First Tranche of 81,683,425 shares was admitted on Friday, 8 May:12 May (Tuesday): Deadline for the fund to send the TR-1 to the company.13–15 May (Wed–Fri): Likely window for the Aquis announcement to be published. Most companies aim for "as soon as possible," often releasing it the same day they received.

Nice £20k trade at 5p to close the day

What are you on about?? First tranche shares were issued on day of the announcement with T+5 settlement - and you can sell them at anytime from announcement as long as the sale doesn’t settle before he buy. So 8.01 day of announcement you could sell placing stock T+5.

I don’t think there was much churn as £3m was placed with funds. 1m subject to GM so only £1m could be churned - I’d guess half of those are still holding.

I believe there should be a TR-1 announced withing 2 business days after the admission of the non-GM shares. So admission is 8th May - we should have a TR-1 by eod 11th May. We have that and also a date where MDH suggest a move to AIM, both in the near term. Anyone selling here - whether part of the raise or a LTH are foolish IMO.

Exactly! they will have to announce, is it before end of the following day? so maybe tomorrow after hours we see an RNS.

The key element of this raise is that £3m of it was done by institutions. which some people may not know - that is huge for MDH, confirms they will be going to AIM in short order as well.

I meant 12p

Placing announced - seems a fairly tight price which is good for current share holders

How do you not know by now? that is dreadful. I use a stockbroker. Yes i have slightly higher charges, i got allocation 7.30am this morning, 60%. Also when i deal in other trades I always check my IG account price and the stockbroker improves every time. You also get a direct person to speak to and good intel on deals.

All accelerated book builds are announced after hours…

Retail closed at 9pm £500k but company could make larger according to the statement. I think $17m from insto, FID done - does this mean now it’s de-risked it would invite some bigger players?

The institutions that bought at 8p, id assume would soak up stock there should it get there again.

Yep, this is the pressure off now. Up they go.

😂🤡 what are you on about. So clueless.

I reckon you may be the most uneducated poster on here.

What? you do know the reason dont you? please tell me you do...

Do you know how the stock market works? seller pressure - now there isn't a seller. wow.

Its obviously the ex COO's stock. Looks like he sold c.10m since after his lock up ended in Feb, (look at the chart!) now this is his c.15m balance. He's OUT. he was the ONLY over hang. this can only be good news.