Member Info for Novice82

Interesting that MW increased their short by 0.02% yesterday. Small change and all that, but noticeable that they decided to do it just before results

Ah yes..and I forgot to add his other handle: "Neutral Steve10k"

No-one cares SteveScott AKA Ste2000

Agree Crafty, everyone already has a decent idea of what's coming. The UK Listing stuff along with FINCO is the outlier however, it remains to be seen if they shed any further light on this or not. They've had the luxury of not having to provide a real update on Listing, given all the FCA changes. They don't have that luxury now.

I guess the point is that the "market" doesn't think that the expected update will be particularly material, given that the price has dropped to 56p.

Agree oculus. Despite all of the "good news" circulating, the market doesn't believe that any of it will add meaningful value. Hence the share price teetering at 57p.

I don't believe that the next set of updates will provide anything meaningful either. They shouldn't be "bad" per se, but nothing game-changing.

It's true that the vast majority of shareholders have retained faith in MM at the recent AGM. The million dollar question is why and I hoping that we find out soon.

@dpws - this is interesting.

THG previously mentioned that the belerion/king st bid of £1.70 "significantly undervalued the company." Judging by the CityAM article, "significantly undervalued" translates to roughly 10-15% below the true valuation. Which, according to a bid of £1.70, would indicate that THG would have accepted a price of around £2.00.

I know people will tell me that there were bids of over £2, but (a) this was the only one that was reported with a price and (b) THG issued an RNS specifically for this bid saying that significantly undervalued the company.

Come on guys, it's been said dozens of times before on this bb. End of month UTs can be considerably larger than the daily, it means nothing

It's an error mate. All 3 (Qube, Wellington and MW) still have short positions

MM's LI account is still there mate

Looks like Wellington dropped their short by 0.03% last week. Whilst it's nothing to write home about, I thought that might spur the resident naysayers into action again.

It's hilarious how much these guys panic when the share price moves up a couple of measly pence. Anyone would think they have a short spread-bet/CFD on......

I can see that my post has resurrected all of the fearmongers again.

660k is the largest after hours trade I've seen in a while. Whether it's definitively a someone buying across the day or someone selling across the is difficult to say given that we don't know when exactly it was executed. But as I said before....Interesting.

Have a good weekend all. Apart from PP1.

660k trade reported after hours. Interesting...

He's been wrong constantly. There's always hope that he's right...but...the formbook says otherwise

It's just SteveScott being SteveScott. Ste2k is now making full use of his alternative handle....

Seems somewhat suspicious Cong (*puts on tin foil hat*)

Yes, it was regarding the UT volume...

Don't worry Brewman, I won't hold it against ya

200k at 60.55. Nothing to write home about

Instead we get a RNS about 4m share options being granted to Gallemore and Sanders

Well well. Shot in the arm.....