Member Info for ocelot

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reckon those shares will have been sold by the end of today!

3% of 4,637m is 139m shares.

original holding of 77m + 31.25m = 108.25m shares.

No declaration required, less than 3% of capital.

After the most recent conversion, there are 4,637m shares in issue.

Looks as if today's volume may arrive at, or exceed, 10% of total issued capital.

It's positive that Genel participated in the conference: they clearly believe they have a story to tell which the market has not yet fully appreciated.

At least he's not an anonymous poster, like us lot!

DL is an existing investor who has topped up.

that liquidity might encourage YA to go for another £750k conversion - we shall see.

If I remember right, DL's original holding was 77m shares.

Today's 2 x 10m buys takes his holding up to 97m shares.

Good for DL!

up 20p+ in he day (at last!).

Volume's better, but not great.

Let's see if these are one-off good trades or whether they are repeated through the day.

The 1st hour's volume was good, then it seemed to tail off, now it's looking more interesting again.

With their limit of 15% of daily volume, reckon YA should have completed the sell of their most recent converted stock when today's volume arrives at about 90m (64m at present).

... and Brent up to $76.63

https://www.bloomberg.com/news/articles/2018-06-26/u-s-is-said-to-press-allies-to-end-iran-oil-imports-by-nov-4

Quite a climb in the last 45 minutes.

It's currently taking YA about 4 working days to sell £500k of converted stock.

£2.5m is left of the loan after they clear the current £500k (tomorrow, in all likelihood).

A further 20 working days would do it, ie, another 4 weeks.

The market won't wait for YA to close before anticipating their departure.

Simply from this point of view, and putting aside developments at HH, the next few weeks should prove interesting.

Rothschild - there's an "s" in the name!

Time for some more news from HH, methinks!