Member Info for notrac

According to short tracker, short position now 1.38%.

The main reason why LO can manipulate the share price is because they are the only "institution" on the share register. Management has been unable to get other institutions (Woodford!) to invest which would reduce the sharp movements of the share price. Down from around 30p to 6P and then back up to high forties, all within twelve months.

One RNS states how much has been received to date. An earlier RNS mentions how much there was outstanding. Clarity and transparency please.

Modest sale from LO.

Advfn newswire not working so good to see that this site has picked up the RNS. Excellent news but were we expecting something bigger?

@ thomasbrowne and StarRage
Thanks for your interesting comments.

The small purchase by LO yesterday could be:
A feint to support the share price before making another sale around the 40p mark. Their last sale was in the mid-thirties, or
a support operation so that FUM can carry out a Primary Bid fund raise at a reasonable price.

Purchased 150,000 shares. Suggests that the current price is too low for them to reduce.

Very good news. The guy was toxic.

@daringinvestor
Good observation. Greater efficacy than placebo is key. Failure to demonstrate so on an admittedly much smaller Phase III test sunk IMM's proposed solution for Lupus. I wonder what the placebo in this case is. One thing IMM did do was a fund raise a couple of months before the results as an insurance.

Having watched the presentation, I can understand why the share price has bombed. There is a still long way to go and funding will be an issue again.

Am pleased that the market likes it. I will be surprised that there will be any special announcement with the results tomorrow because the Board have to advise the market as soon as they are aware: it will just be financials.

Disappointing RNS. FUM should stick to the knitting.

There was enough in the SOH interview with TW a few weeks back to point one to the exit.

Looking at prior years, the Board will make an operational statement a few days before publication of the financial numbers. Hopefully it will be good news as in 2016 rather than last year's disaster!

Great news. Sadly will miss today's price action as I am on the road.

Yes, yes, yes!

I expect it's due to Philip Morris' 9% increase today.

@Flashback83
Volume yesterday was quite low so there must have been a lack of supply, sellers. Positive.

LO strikes again.