Member Info for leas

No doubt accounts for all those algo trades. Whenever the sp showed any strengthening they kicked in with small sell trades. Nothing to say that they have finished buying. Vote of confidence though.

barchild, that is the only logical conclusion. Must have been an order filled that has taken several trading days to achieve at an agreed price.

mg, have to agree. They must have done their due diligence prior to buying. They may continue to do so.

chimmy, to a certain extent your correct. However, as I posted yesterday the free float is probably less than 15m shares and I would guess that these are in the very sticky hands of pi's. The last few weeks have flushed out any traders/weak holders.

'good call sheltie'...….

Good call on your predicted movements prior to today's RNS. Congratulations to all LTH's too. Game changer on approval and despite the sp movement today it will rerate over the coming months. Great opportunity to make money with very little risk.

Vote of confidence. Not sure if they will continue to accumulate but may put the shorts under pressure. Not sure how you can accumulate over 5% of the voting rights without a previous notification to the LSE. Happy non the less.

ashehzi. I did very well out of IMM selling the majority of my holding prior to them raising funds. I did predict that the placing would be announced prior to the P3 readout. However, I do not go along with your view that the company knew the results prior to their RNS other than the standard delay in putting together the RNS. The FDA also publish their findings once the results (double blinded trial) are released.
On reflection, the reduction needed on the SLEDAI score to determine it's success was too much to ask but that does not change the effectiveness of Lupuzor. It is also a safe treatment which cannot be said for Benylsta.

TT, I thought my average of 19p was good :)

I see DT are feeling the squeeze in Germany. Looks like their Government wants to auction off the licences and increase competition. DT are not very happy, citing Italy and the UK of having a better network as competition is not as strong. Maybe the money needed to bid for 5G is better spent in the UK?

J_M_O is that not the best time to buyback the shares when growth expectations are weak. If the sp was mid 70's then I would agree. You could argue a case both ways. I don't think a special dividend would go down too well with the public at this time but maybe an bigger increase in the yield would.

poolie, the company hold them in treasury until they cancel the full amount on completion of the scheme.

Congratulations fruitbat.
What property in France doesn't require a bit of tlc. Charente and the region is beautiful but only my observation when driving down to northern Spain. No doubt you will be celebrating with a fine glass of Cognac. If you ever need someone to do a spot of pointing then I'm your man. I have spent the last 5 years renovating my gites but sadly not got around to digging for a pool. I'm on the coast so it's a short stroll to the beach.
Not sure what Brexit will bring but your timing is perfect.
Sold a few BP at 591 with the intention of buying (with the same capital) at 550, I thought I may have got it today but Trump is intent on making supply uncertain.

Published on the 24th July significant shareholders account for 78% of the shares (not 71% as illustrated on their website) Not accounting for any institution that may have a holding of less than 3% (no declaration needed to the LSE)
Furthermore, I would guess that Directors and employees have about 1%. With 78m shares in issue I would say it is safe to assume that not more than 15m shares are in the hands of the public. Looking over the last 2 years of holdings news, institutional investment average is above the current sp. I would welcome any other poster's calculations but that is the conclusion I have come up with.
The institutions clearly have a controlling vote on what direction the company now takes. Any deal imo would have to be with the backing of the significant shareholders who will be looking at a profit. They may even see a long-term approach bringer richer rewards if and when FLU-5 completes P3 and P4 and possibly bringing in annual royalties that will dwarf our current MC.
The backdrop to all this is the company developing a vaccine for the common cold, asthma and zika, all of which are showing promising research.

I am surprised that his ip address has not been flagged up on that bb. Clearly has mental health issues but if you feed this obvious need for attention then the cycle continues. I suppose investing brings the very best and the very worst out in people.

Kym Denny, CEO of HVO stepped down (personal reasons) 3 weeks before the company released promising P11b trial results. One example, I can pick many more. Some guys on here need a reality check. Do you have to create dramas to break the boredom?

Headancer, I would guess many have taken a position expecting news a lot sooner and have now lost interest. pi's selling institutions and directors accumulating.

Is it not in the company's interest to keep the sp down whilst they complete the buyback scheme? I see VEC (now eliminated from the 250) as a prime example. Also MPE. Only example I can think of that bucks the trend is BP which has seen a share price increase on the back of higher oil prices. I'm sure some will see it differently but you could argue a case for.

Stocktaker,

It only makes sense when you stop comparing buys v sells. The sp is determined on supply and demand (the market). I'm sitting on a loss here but expect to recover it in time. Many investors that loaded up prior to and after the Council meeting expected a huge rise and a quick 20 -30 profit. Some managed it but it did not rerate as anticipated. The herd then lost interest. This will recover when the 'rainbow chasers' have gone and the discussion turns back to flow rates and production. The fundamentals will win through. Outlook for the company this week has got a whole lot better.

T2B,
It has held onto the gains the last few trading days. The company are increasing their assets as the sp declines. Maybe the 'city' see the company's strategy is going to generate good revenue. Bit early to call but will closely watch short sellers positions.