Member Info for Mesquida

Amphion Innovations have been selling their holding down in recent months. Last declaration reported that they now only had 4.4 million left, and that being less than 3% further sales will not necessitate an RNS. From what I hear their selling is a reflection of their own financial problems, and so one can only assume that they will be looking to take the holding down to zero as quickly as possible. However, with news of the 5 year contract announced yesterday that should not be too difficult to accomplish.

4unme, my previous post re Aberforth should help you understand why the price is not rising despite a multitude of buys. But do not lose heart, one day Aberforth will run out of stock to sell and then we should see a price more in line with recent broker targets of 29p !

Well known that Aberforth are having to sell down their stake since Filtronic moved down to the AIM market as their trust deed prevents them from holding AIM stocks. Real shame as it is holding back a re-rating of the company that is now long overdue, but at least it gives us prívate individuals the chance to buy in decent size. You can trace Aberforth's continuing disinvestment if you trawl through the RNS's during the past year. Remember that every time that they make a disposal that brings their percentage holding down by a whole percentage point then they will have to declare the new position.