Member Info for Rock8

Curry’s is not heavily shorted.

5% IG

0.63% FCA

Maybe divergence is a better word to use than diversity but I am the point has been made.

All I will say.

Good luck

I must stress I have never before seen such diversity in the trading data between PIs and large investors/hedge funds.

IG has to be representative as it’s by far and away the largest PI platform than provides access to shorting.

The margin is irrelevant but SDRY is actually the same as PFC anyway.

Even PFC the largest UK short at the moment large investors/hedge funds etc are c.11.6% short and PIs on IG are only 11% short against 40% here on SDRY!

Same band in number of IG positions.

All true but they usually check that the hedge funds etc are also going short.

With SDRY they have gone alone.

That’s very usual

The BOD usually supports any request for an extension if they believe it would be worthwhile and hopefully lead to a positive outcome.

Then an extension is granted.

It’s up to the BOD of SDRY if they believe an extension is warranted.

Will be very interesting if an positive news drops as PIs will all be extremely exposed trying to close their spread bets without the usual assistance of the hedge fund short traders.

Also wonder what the price would be today of the PIs had taken the same view/position as the larger professional investors.

All extremely unusual and worth knowing.

Given there are only 99m shares available (70% of which are in float) and so extremely illiquid, PIs are moving the price as they are the sellers in market.

Again extremely unusual and certainly worth knowing before reading these BBs.

All I know is this situation is extremely rare in fact never seen it before.

Certainly the larger professional investors don’t agree with the position that PIs have taken.

YES

This contrast between PROFs and PIs that way round is extremely unusual.

Actually I have never seen it before.

Only 0.79% FCA short - that’s LOW

40% of IG Private clients trading Sdry are short - that’s EXTREMELY HIGH.

PIs are short despite the low professionals remaining neutral.

Explains this and other PI BBs.

I tend to agree.

This will happen although without competitive bids it will undoubtedly be a low ball offer around the 79p level?

To be fair that’s not really low ball considering where this was in late Jan?

I am actually relieved that James Holder still holds the exact same number of shares today as he did last December.

He obviously believes a deal will be done.

He’s only got 26.62% of the company recorded so far.

But let’s hope he goes forward with a bid asap

Let’s hope he makes that bid or we receive one from other interested parties.

Still hopeful

He hasn’t entered in such a relationship and he hasn’t got over 30%.

Its just over 26.2%.

Simplywallstreet used the previous lower shares in circulation number (prior to dilution) when calculating all the shares.

Assuming he has sold any since Dec 23 and with the new share total of 99,080,937, he has just over 26.2% of SDRY up to early Feb possible takeover declaration.