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Toneman - you are not misinterpreting at all. Company websites are often out-of-date vs TR1 notifications.
However, TR1 notifications are also a little out of date vs the actual moment shares are bought or sold, as such notifications are only issued once the seller / buyer has notified the authorities of its trades.
So this is often exploited by sellers who can only sell in multiple batches and don't want to spook the market and keep silent until they have completed their batch. Or buyers.
Actually, Amazon has been using (some) electric vehicles in the UK for a while - I don’t have full figures admittedly though, but more than 1,000 allegedlyz
All their vans that have come to me (several times a year) since 2020 have had “electric” on them, and please note the following announcements:
https://www.edie.net/amazon-launches-five-fully-electric-hgvs-in-the-uk/
https://www.aboutamazon.co.uk/news/sustainability/amazon-unveils-first-ever-fully-electric-heavy-goods-vehicles-in-its-uk-fleet
Bilboburger - Hence my explicit use of the highly tentative 2nd sentence: your responses to my posts were rather disingenuous. But I’m not complaining, just pointing that out. Have a pleasant weekend.
https://www.globenewswire.com/news-release/2022/08/25/2504670/9619/en/Plug-and-Amazon-Sign-Green-Hydrogen-Agreement.html
Amazon granted an option to buy shares in Plug Power with a view to cooperating. That reverberates on similar companies such as ITM that may be viewed as takeover / partial acquisition targets now.
Damiansha: ultimately, when debt is about 30-40 times the market capitalisation and the company cannot service its debt repayment obligations, what do you think will happen?
Exactly that same situation happened with Vue which, albeit not listed, got effectively been acquired by the creditors. It’s still a fully functional chain, but the original owners had to relinquish ownership to the creditors, they had literally no other choice.
Damiansasha: timing is essential here.
McColl’s leapt up because of the belief that Morrison’s would (almost magically) rescue it even though it was crippled by debt. It didn’t happen and the company disappeared.
Revlon leapt up AFTER filing for bankruptcy protection because (1) US law allows for US listed companies to trade after that (I don’t think it’s the case for UK listed companies - please somebody correct me if I’m wrong) and (2) Morgan Stanley exploited the meme craze to buy a lot of shares (for peanuts) which made PIs pile En masse, thus driving up the SP even higher - but Revlon will still probably disappear because of its horrific finances.
So McColl’s rose because of half-believable takeover hopes, Revlon was pure manipulation.
All the best, you will rise again from this.
bilboburger is correct, out-of-hours trading in the US is much much much different from the UK. In the USA, the volume remains substantial and there are plenty of brokers that allow measly PIs to trade US markets out-of-hours, unlike UK markets.
Thus, I strongly recommend that you ignore the trades logged after 4.35pm (the UT - which is significant) as they never indicate which direction the SP will open on the following day.
(While in the USA, the movements of the SP after and before hours are more revealing.)
That's what I'm trying to figure out too but everybody is being quiet about it.
For me, the only realistic explanation is that a refinancing deal has actually already been sealed so a drop in the SP does not affect it.
And a sealed deal, as far as I understand, is the only moment when a company has to reveal it - not so much when everything is still at a "maybe" stage...
There might not be any equity left in 3 days TBH. For Mooky to allow an RNS like that to be issued, things must be very very very bad - from the same man who claiming he'd show Netflix movies in his cinemas about a year ago.
Yes, it would diluted as much as any other share holder's.
It is essential not to make assumptions and look at the published data (when available), it's not a question of belief: otherwise, you may get highly disappointed.
(Partly out-of-date) data from FT.com shows that the majority of shares is in free float.
https://markets.ft.com/data/equities/tearsheet/profile?s=CINE:LSE
And please remember that a lot of those organisations have offloaded over the past 1-2 years, as confirmed by the various TR1s issued.
Where did you get that there weren't many free shares about please? What is your source?
If shorters were exiting at a substantial level, the SP would go up, sorry.
For whatever it's worth, my sincere commiserations to all holders. I wish you all much better fortune ahead.
TBH, let's not speculate too much either or we can end up whipping ourselves up into a frenzy - it's happened so often on many other boards.
As bilboburgler himself told me last week, people have worked hard to keep this board civilised.