Member Info for JohnHenry

Todays 1% has not gone through

To be honest Nickel ive never seen a situation likes this thats so openly public.

If the 1% is off market and the price is set daily then the price JB gets is dependent to sentiment that day. If General markets take a crash then hes going to be getting very low prices.

Mark if its off book and 14% has been sold where are the TR1s. Unless no one entity has purchased more than 3%

Are you sure its off book ???

so far today approx 6M sells 4M buys. Going to be difficult today to shift 4.75 m

are being managed very badly.

As i said yesterday volume is decreasing. Richmonds daily sale will get harder to clear without dropping the SP.

The 1% daily sale is a massive wall,

Private investors that hold millions of shares wont be basing there investment decision on comments made on a BB.

Agree a few peeps that hold a few thousand shares and know SFA about markets maybe frightened into selling.

However their holdings would have zero effect.

S4K if you honestly think posters on here affect the SP then you are surely deluded. Comments on here mean didly squat as far as the market is concerned.

Needs to pick up or a possible red day.

Crazy crew have woken up.LOL

However once again Cantors is opening lower so i would imagine another large sell order has been placed.

imho its the recent warrant conversion being sold.

in order to clear the 4.75 million and hold the SP.

Any volume under 35 million and the SP will likely fall.

Aimho

Hillman1987 im guessing you dont understand the reporting of trade data. the 881K is not a buy its the spread betting companies uncrossing price. which is always at the close of the day and stamped after 17:00

Hoping u are correct.

Nickel Investor, Logically why would JB sell a 60% stake in a company that he founded for 90% of the value he thinks its worth. Either a 3rd party is buying too which he is connected or he is a forced seller and desperately needs the cash.
Maybe Richmond Group is in financial trouble and these sells are part of an agreement with lenders.

Nickel Investor imho JB is party to the buyer of Richmond shares.

SK4S How is the SP going to move higher if Richmond are dumping 1% daily. If the buying stops the SP will crash. Imho directors need to investigate why no TR1s

S4KS