Member Info for Marrp2032

With around 80% of Vela shares in institutional hands, I wonder what they are thinking??
Surely their credibility is at stake and one would hope they are very vocal at the AGM.
Also how much do the BOD hold? Not a lot I guess!

Unclejim Thank you. I can see they currently trade at 68 pence with a year high of 94 pence. Another one for the future maybe?

Can anyone advise what % holding Vela have in MTI, please?
I have looked on the Vela website and can find MTI listed but cannot see on the list of acquisitions when the shares in MTI were purchased or at what price.
MTI is in the high-frequency comms market. They would be potentially a player in the new 5G rollout....companies such as Nokia mentioned in MTI press releases. The MTI website states their AGM will be in March 2022 ( see release 17th January 2022) They appear to be profitable.
From Vela website:
Headquartered in Israel, MTI is an AIM quoted technology group (AIM:MWE) focused on comprehensive communication and radio frequency solutions across multiple sectors through three core divisions:

– Antenna Division: MTI is a world leader in the design, development and production of high quality, state-of-the-art, and cost-effective antenna solutions including Smart Antennas, MIMO Antennas and Dual Polarity Antennas for wireless applications. MTI supplies antennas for both military and commercial markets from 100 KHz to 90 GHz.

Any news please about % holding and when or if Vela is still invested would be appreciated.
I wonder who handles website updates for Vela??

18-Jan-22 09:37:00 0.03975 25,157,207 Buy* 0.0375 0.04 10,000 O
18-Jan-22 09:07:58 0.0401 4,957,730 Buy* 0.0375 0.0425 1,988

BigDave13 Thanks. I missed that post. Who has just bought 25 Million shares? Spent £10K I promise not me !!

Sorry, BigDave13 just read your post again. Do you know anything about RNS on Thursday? Any info would be good Thanks.

BigDave13 Agree wish they would. Just lack of any comment from BOD for me speaks volumes. Trying to be positive though. Are the BOD hands tied in that they are unable to release any further information regarding SGS? Don't know but hopefully, soon we will all know positively.

Doucer Thank you. I can see what you are saying. I really don't understand how the market thinks at all! On the purely emotional aspect where the share is perceived to have a higher value and therefore can drop further. I do wonder with all the negative comments I read on this board alone why anyone would think anything but it's going to bomb further. I can only liken it to buying a house. If everyone is saying the prices will drop, it's in a poor area or it will never sell why would you purchase it. Maybe a bit of a simplistic view but is there not some truth in this? Lack of input in terms of press releases or statements from the BOD does not help this downward pressure in any way. Again only my humble opinion. I have nothing to do with the city and as I said don't really understand how it works. Thank you again for your comment. For all let's just hope things improve whatever the outcome after January 24th! We are in the same boat at the end of the day.

Would others on the Vela share chat feel the same as I do in that the share consolidation may be positive in the long run? With fewer shares in circulation and a higher share price does this not put Vela on the radar for institutions and investors with more cash to spend? I don't know the answer and am personally more of a long-term holder but would like honest opinions, please.

CSFS up 13% now. Will hold Vela long-term.