Member Info for mikey9997

If it was Alchemy then they would need to make an offer at 40p as they would go over 30%. More likely.. HSBC.

When sells outweigh buys and the price still goes up that suggests to me as though there is a backgeound buyer. and I think it is HSBC.

And we are trading 3x below cash. O.o

Add to that the deflationary recession and banks not lending conventionaly, is a great opportunity for NSF and the board sees that IMO.

It's down about 300% from pre covid levels still. With new funding soon and HSBC bank buying in. They may be / have been taking a further stake.

Pretty standard. Short of stock soon I suspect.

As it has been correctly pointed out here. It's HSBC BANK that has bought in. Not a Nominee.

As expected. Distressed seller. Still so cheap here.

Mms collected shares from weak holders. Next wave up?

Still looks cheap as chips for a company with £72m in cash (or more now) and bringing in £13m a month. DYOR.

I don't blame them.

Very low free float now after HSBC buy. Once this wants to go. It will GO.

See this as a no brainer too.

They will have seen the value at 40p and 20p. So either they support co or buyout. Either way its up from here (or in medium term).

So either Alchemy support the BOD to improve the outlook on their initial investment way above here, or they take a few more % and take this private, buyout ~40p. Happy either way.

Bought some more sub 5p. Happy :)

If the buyer is one of the IIs, free float will be miniscule. Just let them load up from others as the shares will get stickier. Director buys at 7p a few weeks ago is all we need to know.

Selling below nominal value makes no sense unless the market thinks this is going bust. Which quite evidently, IT IS NOT. £70M in cash, and loan book and debt counter off. No brainer.

I think we have a background buyer mopping up. MM's gonna hold it here until they are full up.

In the coming economic and unemployment crisis, I would want to increase the loan book. It would be a opportunity missed. If banks won't lend, families are going to need credit.