Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
According to ig the spread is 3.25 - 4.00 but the share price is 3.9? Surely the sp should be in the middle of the spread? How can this be?
RT needs shares but there ain't many for sale....so they leak news of a takeover to raise SP, which in turn makes people sell who have been locked in this since quobs last target price. People happy to break even so shares become available for Quob to buy at a price much lower than target price. Just a theory...but HOLD.
In case anyone missed it here's the article: http://www.thisismoney.co.uk/money/markets/article-3525462/MARKET-REPORT-ousted-Quindell-chief-Rob-Terry-plotting-comeback-AIM-listed-tiddler-Imaginatik.html
81.25% up on no news....somebodies buying for a reason :)
Something's afoot....all aboard
@luckbreak37 We have already found those we need to buy to get back to 9.9% thanks, just a matter of timing and paperwork now
the figs on the lse trades chart is calculating on share price of £1.20? The decimal point has moved on the figs im seeing now.
Over £3.6 million on 6 recorded trades @1.20 that were then cancelled on 25th and 26th of Jan...idea thoughts?
These are the figs I see... the ones you do? 26-Jan-1609:28:171.20-346,723 0.000.00-416.07kO 26-Jan-1609:28:321.20-857,130 0.000.00-1.029MO 25-Jan-1616:17:221.20-14,312 0.000.00-17.17kO 25-Jan-1615:06:341.20-612,324 0.000.00-734.79kO 26-Jan-1609:28:321.20857,130 0.000.001.029MO 26-Jan-1609:28:171.20346,723 0.000.00416.07kO 25-Jan-1615:06:341.20612,324 0.000.00734.79kO 25-Jan-1615:06:341.20-612,324 0.000.00-734.79kO 25-Jan-1616:17:221.2014,312 0.000.0017.17kO 25-Jan-1615:06:341.20612,324 0.000.00734.79kO 25-Jan-1615:06:341.20-626,636 0.000.00-751.96kO 25-Jan-1615:06:341.20626,636 0.000.00751.96kO
There is something in this....I checked again the numbers just now on lse and they've reverted back to what I'm convinced I saw last night!!!!..just taken screenshot and posted it on link below and as you can see this shows much larger trades eg £1.029 mill, 751k, 734k, ....how can these figs change like this and at this size are they not signifcant? http://www.thisdigital.com/DANlse.png
thanks spikey, it would appear I read the values wrongly although i'm convinced I read them correctly last night!
But with a current mkt cap of just over £15 million that means nearly half the company was traded on 25/26 Jan but no cross threshold rns? Anyone have an explanation?
Or is it someone buying big time at an agreed knock down price....indeed is this RT buying more?....see these two QPE tweets: jan 8th - Luckybreak37 = @QuobParkEstate @mvdakers how does QPE plan to buy further shares if delisted? jan 8th - QPE = @luckbreak37 Clearly, if DAN is delisted or currently off market then we plan to buy in off market trades!?! jan 8th - Luckybreak37 = @QuobParkEstate got a few to sell, interested? jan 8th - QPE = @luckbreak37 We have already found those we need to buy to get back to 9.9% thanks, just a matter of timing and paperwork now
looking at the shares trades, there are 12 listed for over £7million on jan 25th/26th @1.20? is this someone selling big time...RT?
One would have expected an rns this morning with an update on this.
I don't know but what we do know is they moved to much bigger offices and since the nomad resigned they've appointed Peter Ward as non ex chairman who has held senior boards positions at Peugot, Unipart Ltd, Rolls-Royce, Bentley Motor Cars, Jaguar and Bickers. Peter Ward: "During my lengthy career in the motor and venture industries I have learnt the value of constant innovation and I believe that Daniel Stewart has the potential to be an innovator in its sector." Rob Terry is close to owning 9.9% of the company. So Peter Ward and Rob Terry believe in this company big time. So chances are this will fly....we just don't know when. Good luck all.
Quob park tweet Jan 8th: We have already found those we need to buy to get back to 9.9% thanks, just a matter of timing and paperwork now
Ig explained on phone today no problem being held in isa and they will sit there as though suspended. If this is wrong info from them again I'll be furious.
RT now over 9%
Thanks for taking time to answer my query :) So given current sp as long as one can live with waiting a year to get the other 10% back....one should buy as many additional shares as possible before Dec 17th as you get 90% of your outlay back on Dec 31 and the final 10% a year later but crucially end up with free shares in the new business that features telematics amongst other revenue streams. It's a complete no brainer and I'm surprised that loads of new investors are not loading up given this scenario! GLA