ii sells?29 Nov 2017 08:18
One of the drags on share prices is if the mm's get wind of an ii selling down/out of a stock they take avoiding action. We saw two million sells yesterday which hopefully is an ii realigning it's portfolio and not because of any disappointment on ideas progress, which let's face it has been exemplary. Strong growth, plenty of cash, debt free & a growing customer base with great repeat business. Organic growth looks to be above 12%, so while acquisitions might take a back seat Co growth will in no way stall. Don't forget in this era of low int rates idea pays a dividend which is generally more favourably looked upon than the non paying Aim stocks. If you think an ii is unloading, patience will be needed. I think ideas metrics Trump an ii selling down.