Member Info for PeterS23

Thanks to everyone for responding. It was my relatives first share purchase and might be his last for a while but I’ll let him know anyway. Assuming ORPH attains a share price we all know is very possible, then I don’t think he’ll be too disappointed in paying a bit extra in charges though! GLA

Fishboy post of 9:51. I agree totally. Anyone know why AIM can’t sort this out? Have they tried in the past? Has this issue been raised by financial journalists in the past?
A relative on mine has this morning purchased £40k worth of ORPH in one transaction (paying a little more than the ask) and that’s not showing on the LSE transactions. Why is this permitted also?
A market should be transparent and accurate to be of use. This Information can be just the opposite. Any information welcomed.

Hi All, first post on here and hope I can provide some useful information on Acacia. I’m an investor in ORPH too and they had/have similar problem with Acacia selling down shares. ORPH had a fundraise some months back which was 5x oversubscribed. ORPH chairman had spoken to Link/Acacia and was assured they would be keeping their shareholding in ORPH, but then Link sold to Acacia and they’ve been constantly selling into the market, thus suppressing the ORPH’s price. ORPH chairman has even approached Acacia about buying their shareholding at a price above the then current market price but Acacia refused. ORPH chairman said this was “very strange”. It seems to me Acacia will just keep selling as they’ve acquired these and other shares very cheaply and are just content to realise the profit on them as quickly as they can.

Forensic, my post wasn’t intended to pass judgement on Mano, just to provide some context and information. You’ve fully read the articles and reached your own conclusion on the merits of the dispute. As I subscribe to share prophets, I was just flagging up some information and thought investors here would be better informed if they read it. Hope all goes well for everyone invested here. GLA

Share prophets

Hi, I subscribe to ************* but I don’t hold any shares in Manolete. The ************* article of 10th July is very detailed in its analysis, and in the main is highly critical (and sceptical) of how Manolete books profits. Manolete “takes 2.8 years to convert a single year of net profit into cash” . Hence it appears to book profits in the financial year and accounts, but only collect cash much later and not within “12 months” as Mano claims. Hence why it has to borrow more money. Mano’s response doesn’t appear to provide any information to rebut this. Not an expert myself, but hope this helps. If you’ve got any decent sums invested might be worth subscribing to ************* for this article alone, and then you can make up your own mind.

Demon- great post at 13:18 today. Articulated perfectly why we’re all invested here.

Yes Newboy, that may explain it. Cheers.

I’ll be topping up tomorrow even if it means selling some of my holding in another AIM Company, as the prospects here appear to be so very positive with any investment de-risked by all the separate but connected trading entities within Open Orphan.

Agree totally with Aqua’s comments of 20:00.

On the matter of Acacia, and them drip feeding the shares into the market at prices below what Cathal said the II’s were prepared to pay (as Cathal said in the webinar) am I right to assume these same II’s will have been buying them up over the last few weeks on the open market (at cheaper prices than they could have bought from Acacia direct?). If so, the II’s will have no incentive to buy direct from Acacia. Or am I missing something? Any explanation welcomed.

Thanks J427 for posting that link. Very helpful.

Thanks Ivy & Rudey for clarification. Still getting used to all this. I just assumed (stupidly) the 500k was the amount purchased in sterling terms, and not the amount of shares. Lesson learned.

Advice not advise. Doh

Thanks Ivy for taking the time and effort to write all that. Good insight and advise there in one post.

On another matter, someone has recently posed on the ADVFN board that there was a £500k transaction on Friday. The posters are concluding it’s a ‘buy’, but clearly they’re not sure. I can’t even see a £500k transaction in the ‘Trades’ section. Can anyone please provide clarity to me on this matter. Much appreciated if you can.

Thanks again all for good advise.

One thing I’ve noted since I started investing (as opposed to trading) in shares and reading the share chat boards is how easy it is to get swept along in any positive/negative sentiments beings posted. The negative posts always “ stick” harder and longer than the positive ones. I’ve learnt this is completely normal human behaviour as the fear of losing money is greater than the hope of making money. This is a proven fact in many studies of human behaviour. I’m not a psychologist, but I read this in a book called “Thinking fast and slow” by Daniel Kahneman. I intend to keep this fact in mind when reading all chats posted and not panic on the back of some negative news, as I’m confident all the positives in this Company vastly outweigh the negatives. GLA

Thanks Rudey for the feedback. I agree this is a share to hold. I’m not a trader anyway, as I don’t have the knowledge to successfully “trade” and be one of the 25% who make money trading. I’d quickly sink into the other 75%.

Thanks Si. The shares buy/sold record is therefore pretty useless information therefore? It’s impossible to work out if it’s a buy or sell from the information listed. For example I bought in at 11.88 pence, yet the ‘sell’ transaction shows that the price range was 11.80 to 12.25. Given 11.88 is close to 11.80, it’s therefore determining my buy as a sell I presume?. The problem is that the 11.80 to 12.25 was not the range offered to me when I bought (from memory the top price of the range was about 12.00) . Apart from the daily activity shown, does this buy/sell activity therefore have any other use that you (or anyone else) knows? Thanks.

Hi all, I’m new to LSE and share purchasing. Bought in at ORPH on the back of information posted here and over on ADVFN share chat. First question I’d like some assistance on please if anyone can help? I bought in yesterday and my purchase (which was a distinctive and odd number of shares) is showing as a sell. What’s the explanation for this? Any help appreciated.