RE: Reasons to buy29 Apr 2020 17:48
If you look at the company news, they issued new shares for Mark Greenwood to purchase. So this would suggest he is in talks with them about some deal or other. I think he's avoiding a take over at this point, that's why he's keeping is holding below the 30% mark.
Re Quindell's observations, taking a company public is a long and expensive process with no guarantee at the end, the offering can flop or fail. Not to mention the due diligence headache. For the right target, it is easily worth many millions for a guaranteed instant placing. Don't you think?