Member Info for KNIGELK

RNS OUT! Looks like the company would like the option of buying back shares!

Shareholder funds are £1.19 million so 70% above current market value...

Sub cash nav buys - cheap cheap!

Yet another holdings RNS... pently of positions being taken up (and disposals)... share price should start to move back up in 1/2 weeks once any major sellers have left the building... gla

Dividends are suspended for six months until the hedge is settled (somehow) in October.

What I know is this is oversold and could treble on any positive funding developmens - still very high risk dyor etc

Could Aviva be building a significant stake in order to be the preferred partner with Helphire on the depending ABS license approval and tie up with a 3rd party law firm?

Even tastier now - over the worse imo gl

We are presuming it was one of the banks who have disposed of their shares - a holdings RNS should confirm later this week

Please do some research before commenting. There has been a D4E were 1.2 billion shares have been issued in exchange for repaying £64 million in bank debt thus saving the company over £6 million p.a. in bank charges. The banks were given £23 million and 187 million new shares to repay fully all the debt. Therefore if any of the banks have decided they do not wish to hold the new shares they are free to sell them! BTW this dog has risen from 0.8p over the last year and is not about to go bust like AAT!

The only problem with any main shareholder dumping their shares is that it could take some time for the overhang to shift - unless someone mops them up... Keen to add sub 3p which might happen if there is more selling to come from this shareholder.... I don't expect much excitement here now until the May IMS statement - which could be interesting (unless the ABS licence is approved first) GL

Seems like one of the D4E banks might have exited looking at those late trades

It's only 8.25am it has all day "to go mad"

Great news! Not sure if the renewal is on the same or better terms but it is their biggest contract so all positive!

Quite a few of these sells are actually buys as I just added at 3.3p

Appears to be low free float here as I just paid 0.74p GLA

Yes, just noticed. Maybe this is the turning point? GL

Yes they could be sells but they were highlighted in blue so presumed they were buys (although LSE do not always show the trades correctly if they are outside the spread range). Anyway just felt 3.1p was a good price to average down (now 4p average) but I feel the BOD need to update the markets soon even if it is a "no reason for share price movement" statement. Have a great Easter!

9 million buy this afternoon - might get interesting here next week..

Decided to add at 3.1p - it has to be near the bottom imo and recent director buy and massive buying today suggests although very high risk - it isn't over yet gl