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Hi zoolook, not at all stressed about the CTH investment, I think whatever happens it will be good for LDG/Dbay and us.

Re. short or long term, still unsure about that, will keep watching and see what happens to the SP. My original thought, especially after they announced the buyback, was to exit around 19p-20p if/when it gets there, but who knows??

@Ryno34uk
That's interesting - when LDG invested in CTH there was an article I read that said the original founders - Haroon and Farouq Sheikh - were putting together a consortium to make a possible takeover offer for CareTech.

https://www.proactiveinvestors.co.uk/companies/news/975928/caretech-founders-confirm-plans-to-take-company-private-975928.html

I'm holding for now, I think this could go somewhere, somewhere good.

Not so sure zoolook, the RNS definitely mentions LDG together with some other names, under the management of DBay.
Seems like a tangled old web to me, not a clue what is going on.
Maybe I should give up investing as there is so much that goes over my head!!

Seriously though, WTAF?
I almost sold a holding earlier today because I was excited when it rose above 95p, but then it fell back again. Glad I didn't.
Monday/next week will be interesting, I need to recoup some losses and free up some £££'s.

Hi zoolook, good spot.
Is that what the RNS means? I must admit those things tie me in knots, and CareTech seem to post an awful lot of them!!
The CTH SP jumped to almost 719p today then fell back to 693p just now, almost like investors were expecting a takeover or something?
Looking like a shrewd DBay investment, with any luck it will help lift the LDG SP.

Who knows Leedsman?
I'm finding it hard to work out what's going on!!
Fingers crossed.

Another slow day, only 112,005 shares added, total now 65,206,627, about 46.58% of target.

Investec must have had a half-day yesterday - only 856,275 shares bought back. That won't help our cause very much.
Total now 65,094,622, about 46.5% of target.
I wouldn't be surprised if we see more investors exiting today and the SP drop back towards 15p but I hope not
Not much else has changed really - they still have a big pile of cash and have made a sound investment with CareTech, and the buyback continues.
Still plenty more to come from LDG in my opinion.

Sorry to see you go Bergcarls but looks like a fair few investors may be thinking the same, even I'm starting to wonder this morning as wasn't expecting to see the SP slip back like it has; not massive but worrying nonetheless.
Would the 'dark pools' theory explain why so many buys show as 'unknown trades'? Guess that makes sense.
I said recently this could become self-defeating re. SP, hoping I was wrong.
I think this will still rise but also like I said before it's a case of 2 steps forward 1 step back all the time, sadly I have no evidence to back this up just what I see before me re. trading activity and what DBay/LDG have set out to achieve.
I'll hold for now, watch & wait a little longer, hopefully not too long and end up back at 13p!!
Good luck to you.

So, they managed to buyback a further 12,020,555 shares yesterday and the total now is 64,238,347, just under 46% of target.
We will have to see what effect that has today but after recent gains this looks to be struggling a bit.
Hopefully just a wobble on the way to 19p!

No, I don't think your logic is too far out! I'm certainly no expert (not even close!!) but that makes perfect sense to me. Personally I'm hoping for 20p but TBH if it gets over 18p I'll start considering my options.
I should think DBay/LDG/Investec would already have factored in the rising SP scenario though so I don't think we need to worry they might stop the buyback because the SP gets a bit cheeky!
Onwards and.... hopefully.... upwards.

...... the SP has slipped back again!
A lot of trades today including some BIG volumes that are likely buybacks, but a lot of sells dragging the SP back down again.
Frustrating!
I guess this could become self-defeating to some extent - the more shares they buyback, the higher the SP tries to rise, the more some investors will choose to exit 'at a fair price' and so drag the SP back again?
Let's see what tomorrow brings.

Lots of 'unknown trades' today @ 16p, my guess would be Investec mopping up a good 11M shares so far today.
Tomorrow's RNS will confirm if this is correct.
SP could do with a nudge upwards, seems to have got stuck!

A further 3,750,000 shares bought back yesterday, total now 52,217,792, about 37.3% of target.

The vast majority of sells today above 16p, seems to be holding up so far......

Me too Leedsman!
I think the ongoing effect of the buyback will see a slow & steady rise in SP as intended; all I meant by 'hold a steady 16p' was for the SP to get to a firm 16p today and not slip back again, as it often seems to do.
We have waited a long time, will be worth waiting a little longer with any luck.

All of Friday's big buys were Investec - they amassed a staggering 15,827,052 shares!
The total so far is now 48,467,792, about 34.62% of target.
Will be interesting to see if that affects the SP today and if it can hold a steady 16p.

Makes sense, same way you can put a 3/8" drill bit in a 1/2" chuck but not other way round!
Also, reducing bore from 13+" down to 8" reduces load on rig (?) and the amount of spoil to deal with.
LOC400 fits the bill and what DM was saying so let's wait and see.
Exciting times!

I just had a read of Huismans LOC 400 rig spec. Looks impressive to me (I know nothing about rigs though) and breask down into 19 standard ISO containers but..... here's the but.... it has a 13 5/8" bore; I'm sure during the AGM that DM said they'd be drilling an 8" bore then sleeve the bore hole down to 7" 'ready for production'. Didn't he?
Maybe that doesn't matter, just so long as they can get a rig on site that's up to the job.

Brilliant. Hopefully Kefi is nearing some sort of end game in the foreseeable.

I bought in, sold out (loss!) then bought in again. Not sure if that makes me wise/stupid/clever/foolish/brave/reckless, or any combination of those, but certainly hopeful. Hope is all I have left, everything else is tied up in investments!