Member Info for NicName

"Just over 19 minutes in, https://www.youtube.com/watch?v=2l1ZSR2KOP4"

Where you can waste a few minutes listening to two folk 'talking their book', if that's your thing. You may even go so far as to ponder why. Or you could just jump on board anyway, if that's your thing.

Looks like a promoter has dropped by, intent on 'talking up his book'. However, a long position may not be the best situation in which to find oneself as might be readily apparent to anyone of vision, although I do accept some seem to differ and hold what may perhaps transpire to be a more binkered view through rose tinted spectacles. Ah well, it takes two to make a market as they say.

Or could it be others who might have bitten off more than they can chew?

That's funny, there was no reported share issue or buy-back by the company hence the count must have stayed the same. So where did those 2.5m shares come from? And they were reported late we are told, so it's like they appeared out of nowhere and no one knows when. Gosh, awfully mysterious isn't it? And if that's not mysterious enough, it turns out that there wasn't just one lot of 2.5m but two of them! Goodness me! I must have a gander. Oh look, there they are. Anyone know what LRGS means?

Ah yes, and someone, perhaps less confident, sold 2,500,000 of them.

"Amazon will start selling home insurance in the U.K."

Wondering if one has to have to have Prime menbership to get free next day delivery?

"I am very comfortable holding this even at a current ~30% loss. "

No one is comfortable holding at a loss. (Even if they have yet to work out why.)

That much, eh?

anon,
But isn't it that your investment case did play out, but you just chose not to sell around the last high?

BTW, what did you mean by "I'm sharing the above so that retail investors at least know what the institutions do."?

So altogether you're fairly bullish on this one then Skier?

With what?

"they need to sell the Home/Motor Insurance side of the business"

Matter is they are still carrying £449.6m of goodwill on the balnce sheet for that.

Hello Yuri, Considering what I wrote I may have failed to grasp the gist of your reply, sorry, however, FWIW, a special resolution requiring a 75% majority must be passed for cancellation and delisting.

27 minutes or 14 months, I still don't recognise it.

"Can’t see a launch until FDA give approval for OTC use."

One might understand that the company is not in any hurry to 'launch'.

What I meant was, I assume it likely he will continue to hold IN ANY CASE, EVEN if the vote to delist is passed, i.e. I would not expect him to sell out for 9p!

This is probably quite an ideal time for the business, the difficulty over recent times, it seems, has been the quality of the management. Were it not that market sentiment has been poor this year they may just have managed to scrape by (which may not have been a good thing...) but what the co. should have done was a darn great raise when the market was 'full froth' 18 months ago. It's been poor management one way and another for years and those brought in to fix things have proven rather lacking.

I've always wondered why Steven Lamprell hasn't taken a more active stance. I assume it likely he will continue to hold if the vote to delist is passed.

Funny, I don't recognise the business of which GW talks.

What's the urgency to take an offer where investors are being screwed? Did you all buy in 24th-30th June?

That would explain the fizz...