Me do I think you are NigWit..no.
Do I sense the dark side elsewhere yes..but not going to throw allegations.
Ngr we have had disagreements and you find me annoying and I find you annoying ..but I am very aware of nw methods and I do not see it in your posts, personally speaking.
NGR ..Quantum leaper 1 and 2 on the other board ..caught them out after they protested they were not nigwit ..then they admitted it after slipping up.
Complete liar so no idea whether they have multiple ids on multiple boards ..nothing would surprise. But one thing is for sure they descend into vile abuse before they dump an old id.
Hardly surprising such behaviour breeds mistrust.
We know the NigWit uses multiple ids and lies that he doesn’t..as you say you need to be quite bright to not get caught..thats why they keep getting caught.
I haven’t made specific accusations but the chances of the them being present on hear is quite high as they have been reposting and commenting on content hear. They think they can play psychological games…but they are just craving attention and look rather sad.
Appreciate comments troublesome…I genuinely try to avoid the schoolyard antics but sometimes I can’t resist a pop back..now putting such folk on ignore , they are a waste of energy and have nothing but lies. Should feel sad for them but no , they are vile false actors and them unreservedly backing Mr Tenner probably does him no favours.
Estimate they bought £167k of shares…at 23.2p
That would be 720k shares.
That would be a rather large 24 % of shares traded
I reckon IDL70 with that 325k shares , around 10% of shares traded might be about right.
Still not really using much firepower up ..but it appears quite a few are getting their money and any balance back earlier than some were guiding to.
Dipper111.
There will only be major holder disclosures if they have either undersubscribed or oversubscribed. If they have sold 38.5% in the tender their interest in the outstanding equity remains the same.
The transaction took place on 11th April so that is the date of the change of ownership.
Under disclosure rules Nanoco being a UK company the parties have 2 business days to disclose..so sort of today! So maybe no changes or maybe there is a slight delay in shareholders getting the details ?
Fca handbook
The notification to the issuer shall be effected as soon as possible, but not later than four trading days in the case of a non-UKissuer and two trading days in all other cases, after the date on which the relevant person:
(1) learns of the acquisition or disposal or of the possibility of exercising voting rights, or on which, having regard to the circumstances, should have learned of it, regardless of the date on which the acquisition, disposal or possibility of exercising voting rights takes effect; or
(2) is informed about the event mentioned in DTR 5.1.2 R (2).
And for the purposes of (1) above a person shall, in relation to a transaction to which he is a party or which he has instructed, be deemed to have knowledge of the acquisition, disposal or possibility to exercise voting rights no later than two trading days following the transaction in question and where a transaction is conditional upon the approval by public authorities of the transaction or on a future uncertain event the occurrence of which is outside the control of the parties to the agreement, the parties are deemed to have knowledge of the acquisition, disposal or possibility of exercising voting rights only when the relevant approvals are obtained or when the event happens.
I have seen a number of posters wanting to take money off the table ..so your three options are not balanced..some are taking profits and some have had enough I guess.
You are telling me what I want to do with my money now ..that’s interesting.
I’m only interested lower down I have zero interest in chasing the shares up here fwiw.
But I am looking at a few other situations just now that might provide shorter term upside.
It’s difficult being balanced when you are not really isn’t it !
You gave 3 options..not that balanced ! Anyways what makes you think a chunk of the £30m will be reinvested , who have you spoken to? I have read a few interested if the price drops certainly and there’s you getting your “free money” for a penny . but where do you get the idea that most are desperate to buy back shares at a similar level or higher to where they just sold.
? It wouldn’t necessarily be the kind of thing an institution would do I doubt …we think they’re a sell at 24p…no no we think they are a buy at 23p a few days later ….they don’t tend to work like that.
But on the basis of your actions I can see why you want them better fair do’s …sort of justification.
Dodge what bullet???
The director deals are a bit odd for Batterham to be fair.
His application must have been messed up in the tender then sold the balance of what he intended (given in the circular ) in the market when an on market share buyback was in progress. Can’t think why else the transaction was split. Unfortunate .
Oh xenon on your first point
don't assume those people who couldn't sell more at 24p will all come back to the market as sellers... A lot of them may have been sellers at 24p because they thought they could buy back in at 16p. Do you think they will be sellers if the SP price is 25p when they return?..
I’m not assuming anything ..whether there will be sellers who can’t deal or that everyone who sold will want to buy back in , thats not my take. These are merely possibilities for balance.
Thanks for your thoughts you are obviously a good judge of value and a one to follow.
Though its understandable why you want the shares to finally demonstrate some underlying commercial value you have been betting on it for a long time and your research has been tested many times in terms of this company returning some value to long term holders. Good luck that this time you are correct in your bullish take.
You not factoring the folks who tendered everything and might well have 30% rump left and unable to deal that cool.
So you have held and not traded out in 10 years ..the shares were well over £1 then and getting a 1p or so out is free money..like your style.
These shares owe you far more than most with that kind of patience through thin and thin and i hope you get your just rewards.
And you already bought back a penny or so less..free money you said.
Wonder have others done the same..you can only be sure of what you did yourself i guess.
But does that not make you a short term gambler if you jumped out and back so quickly when you knew the price wouldn’t fall. Just asking.