Member Info for redwineday

Maybe someone more clued up than me can say whether its possible for a shorter to take advantage of the buy back in some way such as force the price down during the course of the day and let the guy back bring it back up? Then rinse and repeat?

On the screenshot posted by NigeCo the sells shown against the Capital holding are difficult to understand. Why would they be unloading at this price sone they only reasonably recently built their position. Hence my previous question.

Any ideas?

Can someone tell me what happens on the share register to a holder when the stock is loaned out and sold by the short fund? Does the original owner show this as a sell to their holdings and then a buy when the stock is passed back?

A muted reaction. Lets hope the hordes will arrive shortly!

Anyway another penny gone like every other day. These declining pennies add up to a great deal for me....Off to stick my head in a bucket for a year or two...

I tThey get traded during the day though so UT is some sort of balancing at the average price?

Cant be right though can it given the amount they are buying back each day?

But you are right nothing is going to shift this until SMS says the market has turned. So later this year...

12m taken off the market cap in a couple of hours an the back of 200k worth of trades although some chunks being unloaded. Time for buy backs me thinks..

Mr Markets says meh...

When's mid-term? Easter? 2030?

Mr Rich needs to specify when exactly mid term is given they have now been talking about it for 2 years,

If my math is right this is now 50% down on the old money price before the last consolidation.

Look at the net debt levels vs that point and you can see why. Unless the market picks up soon this cash burning machine can get worse from here.

60p plus close?

I'd take 6p just to be out of this p o s. Worst managed company I have ever invested in. Shocking....

He is sending a message I suppose. I also listened to the interview that someone posted a link to last week. I thought it was the best I have heard from him in a while, maybe a false dawn or wishful thinking but I thought he seemed very clear and on it. It made me remember why I originally invested here. Again maybe wishful thinking on my part but I think we have probably bottomed unless something unknown drops. We all know watching this each day eventually confuses you on LT direction.

What an utter mess this CEO has let happen. Chairman should be ashamed. 18m market cap for a business with its main asset worth hundreds of millions a year in revenue. Shockingly bad management.

Never mind only the old shareholders who pay - eh? The absolute clincher for me was during he presentation "we only have time for a few questions" this having seen the SP fall by half formats previous fall by half. Utterly contemptuous.

Mr Market has given this deal a big raspberry. Now down 16pc since the announcement. Bored Managers do stupid things...

Looks like Ludlow Thomson had an office there. My guess would be they are moving back office staff out of London. IIRC the Chiswick HQ lease is coming to an end soon. They'll ditch that cost soon and move those that don't need to be in London to a cheaper location and downsize the size of the HQ.

He also mentioned the would amicably withdraw from ECO. Means something like 55m shares to be dealt with. Assuming a farm in comes how will ECO manage that? I would guess they will seek to buy the stake back? So farm out funds might need to be diverted to AOI. Just guessing obviously, maybe they can find another investor.

To see the level of algo trading starting to nudge up. Institutional trading has been returning. Could be someone trying to pick up stock on the cheap post the results?

It will get taken out shortly. This is chump change for Viatris and they could take it out for less than they are committed to pay by 2025 anyway. No brainer...

Q4 result is poor whichever way you look at it. Bad or worse than bad. I would imagine CEO has his jacket now hung on a very shaky hook.