The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Octopus is in the news today as major holders upped their stakes.
Has there been any hint that they may tackle the business market? I can't see anything, but the holdings was US news and the drop in Yu was just after US market open.
I can't see anything Starmer has said that would cause a drop.
I took a small punt in this when I first saw Damian Hanson had taken a position.
It looked interesting enough to risk a small amount in the hope that something might happen.
Looks like even with Hanson increasing, the price has dropped so far back that I'll be unlikely to get anything back.
My holding is small enough I can risk losing the lot. I'm treating it like an option now.
The lowball offer on the table sounds feasible, maybe it's Hanson.
I could see the business being split up into media & tech.
"But what makes you think the 375k movement was a buy? It's listed as "unknown"?"
The buy/sell/unknown indicators are just an estimate.
Have a read of this to get an idea how it works.
https://www.proactiveinvestors.co.uk/companies/news/81/idiots-guide-to-the-london-stock-exchanges-setsmm-0379.html
"It's been suggested several times over the years that he and the board should take the majority (if not all) of their pay in shares, if they were that confident. "
That would currently mean about a third of the company for his years salary.
"I think the only people who are salty about the deal are TXP holders who bought in much higher and are upset about the dilution at 40p."
I hold TXP AND TRIN from much higher (but in different accounts), not sure what to make of it.
Trying to work out if I'd be better off selling one and buying the other rather than waiting for the deal to complete.
This is messy for me, I already hold some TXP in my SIPP but my TRIN are in an ISA.
I was already considering selling TXP, I wouldn't want any more but need to study a bit more to see what this means for TXP.
I'm way down on TRIN even with this spike. I'll probably watch to see what happens in the next few days but I'm of a mind to dump TRIN and take the cash before the deal goes through.
There are plenty of shares that have done that kind of uplift.
You just have to choose wisely. Or more likely just get lucky.
I've had a few disasters e.g. NMC Health where I lost my whole stake. That was a good lesson in not putting too much in one share. You can't rule out fraud.
I didn't intend having a large proportion of an ISA in one share but it's happened by accident due to Yu Energy ten-bagging one trance and five-bagging another. It still looks like a good investment even at current levels.
I can't see GROW getting back to what I paid for a long time (average just over £10) but I'm hoping for a steady rise from here. I wouldn't risk any more than what I already have in it.