Member Info for purves

CA’s holding of Hurr amounts to about 30% of it’s portfolio. Obviously it does’nt want to sell at this price. However as the share price rises so the % held in it’s portfolio rises as does its risk factor. In order to (try) to prevent this happening it sells shares, quite a few, to keep the price down. If it can do this until a successful Foil and first revenues, the risk suddenly tumbles and it can happily wait, (with the bulk of it’s holding intact), for the ‘Big Event’ we are all waiting for. It will have a battle on though as the price of Hurr will likely rise in anticipation of Foil. If this is a correct assumption then it seems likely, to me, that without this intervention the share price would be hitting new highs by now. Am I talking nonsense?

I've been retired for over 20 years. As a youngster I did the books for some of B.G. Trusts for a year or two, so I have a soft spot for them. Hold SM. also Pacific Horizon. Both have done me proud. Probably good long term holdings. If you are young enough a monthly subscription through an ISA would be a good way to start.

Read about Jim Ratcliffe's plans for fracking during his interview in the Sunday Times rich list.

Should there be an enquire into mm in this stock? It all looks weird to me.