Member Info for LWHL

You see, I actually did expect a revisit of the lows, prior to the next update. Part of the reason for my quick fire trading strategy here, over the months.

I did not more recently though, so in that sense, it has caught me by surprise. Especially after the recently announced purchases.

The action today must have hit some stops, I would imagine. Never a dull moment, in this one.

I keep on wondering the same thing! Fewer than 50 million shares surely? Quite a lot less than that, IMO.

Ah well. Come on BOD. Do not let us down! GLA.

Perhaps. Same for William B too, who more recently has invested a not inconsiderable amount of cash here.

If they have, then so have I. And another few hundred shares taken out of the free float today at sub 360, as I said I would.

GLA.

Adequate update. More than adequate, by FRES standards.

Solid hold for me, given the size of this one in my p/f, but could see the attraction for adding or opening a position.

As long as gold and silver do as we all hope it will (and as the chart seems to be pointing to), then IMO there is plenty of upside from here. GLA.

Yeah, 60's will likely tempt me back with another side pot trade too. Even though we have the unknowns created by the delayed update, which is the reason for this fairly hefty drop from the 90's in the first place.

Just when you think this one has turned a corner...you get an update like the last one!

Still think it will come good eventually, but it is one that tests your patience. GLA.

Sorry, I meant it feels like a punt, rather than being an actual death or glory AIM tiddler 'proper' punt, if you catch my meaning now. I do not see this as being a toss of a coin whether it returns to profit or goes bust, for example.

But I am completely flummoxed with the inside buying versus high, sustained short interest, which is where my 'punt' comment came in.

One of those cases where something is easier said/explained in person than in writing perhaps. Or perhaps I simply need to make some coffee to offset the mid afternoon slump :)

Having just read that article, and notwithstanding the many (IMO justified) criticisms of the CEO and wider BOD, it does not tell us anything new. Did you see something different, Tom? Unless I have missed something, the other posters are right about that.

Anyway, forward guidance is what matters naturally, along with debt and dividend plans. Seeing the hard numbers, when you cut through the inevitable fluff that the RNS will likely contain (as most of them do, not just ITV).

I am not sure that anything could protect small shareholders from that scenario, west.

Especially if you essentially had the main two or three holders in agreement. That price would still be expensive for most of the shorts though, I think I am right in saying, so it could also put paid to the theory of shorts being in cahoots with MA, for example.

I also think enough of the small shareholders would take six quid right now if offered, to be honest.

I appreciate that some of you have been here for a lot longer, with in some cases averages much higher than this.

Higher than six quid even. Be that as it may, if the next update is at the bottom end of guidance, or worse, and an offer was to come in at a premium to the last raise price, then you might not like the result.

I still think the internal politics (MA v AP) could be to the benefit of shareholders not wanting a cheap take out, but given the SP action here, even after all that inside buying, it really feels like no more than a punt right now. GLA.

If that is confirmed, then surely it will be enough to finally get her gone. The cost cutting needs to mirror what Musk did over at Twitter, as well.

But until we see it in a formal document, then it remains a matter of waiting to see, IMO.

Contrarian: that is uncalled for. What is the purpose of these chat boards if not to share a wide range of ideas and opinions?

On some AIM tiddlers, quite frankly, I would not be surprised if such activities did happen from time to time.

In the case of this company, I could not be more confident that such a scenario is not one that we need to be concerned about. Albeit IMO of course.

I do not think the next one has been confirmed yet (not on their website anyway).

I actually almost spilled my coffee laughing at your comment :)

No offence intended, Pogo, but Tom's retort was amusing.

I am not going to add until results now; I was toying with the idea of doing so if we hit 59p or so, but I feel sitting tight in the circumstances is the better choice, for me.

Will be delighted if we take off and I end up missing the boat to do so. GLA.

I have long been opposed to any state-funded TV, so fine by me - as long as we do not have to shoulder excessive legacy costs etc.

When it comes down to it, a government still controls certain aspects of various narratives whenever it wants to, so no need for the tax payer to pay for this control element anyway.

Paramount Global owns C5, FWIW.

I would be wary of buying C4, because I cannot imagine that they have ever been financially prudent in their entire history.

I would imagine that the pension liabilities alone would be enough to sober a judge, let alone the amount of dead wood that I expect makes up a sizeable amount of their overall headcount.

And yes, I agree with you, I too am not confident that this BOD would secure a good deal/price for the company even allowing for these likely issues (and therefore we shareholders) - although they might be a white knight to the tax payer :)

Shorts are still at 5.71% at the time of print.

This is why I obviously would not make a good shorter: I see all this recent and sustained inside buying, from a situation of a fairly small float, within which an even smaller free float actually exists...I would run a mile in their shoes.

Well, sooner or later, we are going to find out who was right. I have my buy order set, and will let things play out here as they will.

My current position is too small to consider selling for less than 420p (and even then, it would be buttons profit), so I might be in until results at least. GLA.

Technically yes, although as we have seen, time and time again elsewhere, months can often pass before the market is notified of any offers.

Sometimes even longer, especially if the BOD deem any offer unworthy of attention.

One example comes to mind elsewhere, where the offer would almost certainly be gratefully gobbled up by shareholders if on the table now! But was only formally acknowledged, with a BOD statement declining the offer, I think almost a year after the approach.

Conducting due diligence is usually the go to phrase a defensive BOD will turn to when seeking to avoid a sale IMO. Hey ho.

Cannot remember now, but if the sale was for a hefty profit, you would have thought it would have been shouted from the rooftops.

Anyway, hopefully it will not be enough to see this avoid a boardroom shake up if the update disappoints.

An outright sale remains my preference, but short of that, a solid update and dividend at least sustained, with debt reduction on track, and that share buy back initiative, of course.

Then I can live with the value trap status for the time being.

Not sure either, but might put a few on a sell order pre-market and see if it hits. Then look to repurchase them later in the day.

Have enjoyed something similar, to an extent, with another share in the past few months. Totally different sector, but fairly predictable SP movements. Although it works until it does not, of course :)

Sensible read, I think, Mary.

It will be interesting to see how the next few days go in the run up to those results, and whether momentum will be held. Could go either way IMO, so sitting on my hands for now.

Will take a view if we see sub 60p on no news, but would rather the market takes a more optimistic view and bids this up! :) GLA.

That is what I am hoping/expecting. If I had better faith in the management, it would not have even been something to cross my mind.