It could be but there is no way to tell 100% given the TR1s don't include any additional information aside from the holders name(s) unless the share have been bought by/through a business.
What surprises me is that there has clearly been some significant buying activity and the share price has been treading water to 2 weeks. There must be a few decent size sellers offloading. Either that or too many impatient retail investors!
The SP has suddenly perked up in the last few minutes. Similarly to the last rise to .12/.13 it moved very quickly once the buying volume picked up a little. Quick rise incoming?
SP holding up around .12 (hopefully it can push on a bit) Given recent news covering the BoD buy, gov contract, gov support for spacs, it looks like we could be in for a fun few months.
The holdings RNS for Monecor taking 6.78% was on the 25th Feb. In the run up to the holdings RNS (it probably took them a week to secure that volume) the SP ranged from 0.10 and 0.19 (although I would guess they didn't pay anywhere near the 0.19 mark)
Given the volume over the last few days a huge amount of the shares in issue must have changed hands [10-20%] and yet we can't quite stay up over .13 . I'm guessing monecor still have a few to sell which is holding us back.
RE: initial period of exclusivity, lasting through to 28 February 20211 Mar 2021 11:28
Sadly this extension was entirely predictable. As they say, "good things come to those who wait". Not that any of us have a choice at this point in time!
Absolute gold. AZ clearly knows what is going on with the mob trying to discredit SYME and has just torpedoed their argument that there are further problems. Behind the scenes business is clearly going ahead as normal with plenty of good news in the pipeline.
RE: I bought £10k's worth this morning with no trouble22 Feb 2021 14:11
Getting the orders isn't an issue. Its the fact that the bid has been dragged down briefly on a few occasions and yet buying at a reasonable level (within a 5-10% spread) is quite difficult. It looks a bit like there has been a bit of order filling going on.
I'm not usually one to analyse little daily movements but its quite irritating that the bid has been dropped t0 .80 a couple of times and yet its impossible to buy in decent volume anywhere near that low (Its essentially a 15% spread). Buyers are clearly not wanted!
JN has played a blinder. Profit taken with a decent holding in KNB retained for future fireworks. In the meantime we have MODE ticking along nicely and news from SGS in the next couple of weeks. VELA isnt holding onto over £1m in cash because the bank account looks good. I can guarantee that every penny will be making its way into some new investments in the coming months.
It will be interesting to see what sort of high volume trades show up after close. Over the last few days there has been a good number of large trades bang on the ask showing up out of hours. Its certainly not gambling retail investors. Either someone or a number of people are suddenly very confident in VELA! (Given that last few days its easy to understand why JN has quite a few fans).
Blimey. Someone is confident with that buy (£100k). If JN can repeat half of todays success a few times over the next 12 months then this has got "ten bagger" written all over it. On paper today doesn't look great but it sends a clear message about what VELA can achieve!
Despite the very healthy rise at KNB, SGS news due shortly, MODE looking steady and £1m in the bank a few "lucky" individuals are sneaking in under 0.1 today. Mr Normand clearly knows what he is doing. Just a shame the SP doesn't reflect it right now!
Give or take a few % there is still £1m waiting to be spent. I think a few investors are hopeful of it being used to buy a more significant holding on KNB tomorrow. Whether that is the case or not JN has a good track record of making shrewd investments so I am sure something else will be in the pipeline.
Although it would be nice to see a burst over the 0.1 mark no long term investor is going to want to see a sudden blast northward driven by ramping and twitter rumours. We just need to see a nice steady rise with plenty of new buyers filling in the gaps. That would make for a nice firm base to trade from as news arrives regarding existing investments and the £1m Mr Normand has at his disposal. VELA at this point is looking cheap considering the cash position and potential for big returns from the existing portfolio.
I have found it on the CORE (Irish companies register) but its a paid service so cant see much. I assume they have registered in Ireland because of the better corp tax rates and more generous tax breaks for development/research activities. Looking into what Poseidon do, it could be a pretty exciting opportunity (EQT and VLS have rewarded investors on a few occasions in the last year or so in the renewables space)