Member Info for Poindexter01

Thanks wok, I will be watching out for any changes on the website and see if any RNS's are posted in the meantime.

I can only speculate that there are more unreported sales by II's how else can the share price have fallen so much?

Any chance of a dividend before the world stops using oil and gas? Nope I shouldn't think so! Any chance of more placings ? Absolutely!

£4800 top up, now my second largest shareholding, could do with a quick win after the Capricorn Tender Offer disappointment yesterday

My feeling is that the institutional investors bought into the shares in the run up to the TO date to pump up the price above what they thought it is worth and then sell as many shares as possible to the forced buyer Capricorn. Afterwards they have sold back their remaining shares to bring the share price down to what they thought the share price should have been all along. Pump and dump really in my opinion seems to make sense of what we have seen.

LSE is showing just 1.12% shares on short, unless anyone knows better I don't think a closing of these positions would be so price transformational on its own as other posters have suggested. Love to be proved wrong though.

February Factsheet shows an annual fall in share price of 9.1% NAV fall of 3.2% as against a rise in benchmark FTSE All share of 16% however the fund has significantly outperformed in earlier years. I don't know how relevant the benchmark is given the significant investments in Australia and Bermuda. Also the NAV is at 34.1% discount when the stated aim is to get to a discount of just 20% and there is little movement in fund holdings despite many being listed companies so are presumably liquid enough. Just saying that seems to be the nature of the beast.

Agree with your 13:43 posting Ant, I've increased my holding by 50% since Thursday 10th, although I am not so sure that II's have done for the share price over recent days. Probably just PI's getting out before the likely special dividend in my opinion.

Buy/hold if within a SIIP /ISA for tax purposes seems the obvious thing to do at these rock bottom prices. Those with a potential tax liability are selling In my honest opinion.

I have decided that I don't know enough about the mechanics of this company, having made money over the years trading its swings. I don't like that it shows an IFRS loss for the year and so I'm out today, will consider buying back in at a lower price.

Have bought back in 1000 shares just now at 475.5 admittedly ex ~ dividend. Am looking forward to the next tender offer hopefully not too far off and I will be looking to increase my shareholding beforehand.

Great post Ninetails, your comments and analysis needs repeating time and again in my opinion until people finally get it.

3 recent share purchases by the company aggregate 64,000 shares done little to move the share price or close the wide spread quoted by the market. Still I hope for more purchases which must move the price eventually, as there is very little selling by investors.

I hope so too Rylidan, I am looking for a good price rise and guessing that there was some not yet reported selling earlier today. That's AIM for you, OK for gamblers.

Going up really? The indicated share prices have just dropped 10% on very little reported activity

After Hours sale of 4 million shares today, expect an RNS, let's see how prompt it comes.

Resimac has announced a share buyback programme effective from 29 December as they think their share price is too low. Resimac shares up 10% today. This should be good for UIL as it is a big readthrough underlining holding

Thanks for your reply Mesquida, I must confess in my haste I had not noticed that the notification of 19 October was so late. I don't think however that there is a deliberate agenda to mislead the market in a sustained way by further concealing notification of sales by SR rather that there was many small sellers over weeks and months for whatever reason. I will be looking out for RNS's with interest to settle the point.

Ecclescake and Medquida what evidence do you have for saying that SR is aggressively selling down and out of it's holding? I see an RNS on 20 October is that all? Plenty of buying by Sneller and also Newlands before that which argues against you. Please enlighten me as I do not think for one moment that you are stupid enough to post hogwash and I need to know the true situation.

Correction: Resimac is a core holding of Somers which is a core holding of UIL. Apologies to any reader who was misled.