RE: Hmmmm17 Oct 2025 17:18
Kestreal are fully informed at what is going on ,remember Max Royde is a board member.
As to the mechanics of the stock and its movements, this share has suffered from low volume and insto apathy for too long.
In the past weeks the stock has remained steady partly by a large buyer soaking up all available stock.
That buyer pulled away this week. The result is a very large fall caused by an algo seller who seams to care little to the price at which they are exiting.
As has been discussed here at length, the chances of any sort of earnings warning is slim. We also have the prospect of some sort of corporate activity, the company themselves have stated that they understand the need to realise shareholder value.We also know that the domain business has material value, after all Namecheap has attracted PE interest in the USA on a muliple that would make TIG blush.
So until this algo seller is out the way or the company announces a value event we are stuck with volatlity and a crazy low share price, I for one have been picking up stock around here and now account for approx 500k shares.
Fingers crossed.