Member Info for Rock8

Difficult to read today's trading.
Little shorting evident unlike last week so buyer behaving very cautiously.

Recovering futures

Not great due to Saudi / UAE oil production cut

I am sure Kelso would have already mentioned the need to releases RNSs and not rely on social media to distribute news? - As per Thursday’s statement (KelsoRNS).
But again last week he (MM) used Linkedin (Social Media) so he is clearly already ignoring their advice.
That is very worrying.

To be fair I am not the only one doubting his willingness to change?
If the market believed the share price would not be at 67p and the shorts would be closing not increasing.
Its time for MM to do something to prove his support of his shareholders.

Let’s see but it’s not a rocket science and whilst all of the recommendations are welcome they are also rather obvious?
MM has disrespected his shareholders since the IPO so a few more days wont make much difference but I believe he will need more persuasion.
Happy to be proved wrong?

The trouble is that all of the recommendations are quite obvious and relatively easy to implement but MM has chosen not to support his shareholders.
So I believe he needs more persuasion?

Is there anything PIs can do to add their weight of share to support all of R
Kelso’s excellent list of recommendations?
hTTps://investegate.co.uk/kelso-group-holdings--klso-/rns/thg-update--proposed-placing-and-board-changes/202303300700076997U/
Any ideas?
We need to do something as MM has shown no movement.

The auction price was at 66p until the final 30 seconds of the auction

The later trades are off book ordinary trades and likely amalgamate trades from brokers transacted earlier in the day on their broker pools - Probably hedge funds.
During the day it looked like someone was selling (according to shares on loan data 1.8m) shares into a large active buyer.
In today’s closing auction someone immediately dumped over 600k into the auction (as earlier in week when the auction price was depressed) and managed to hold the closing auction price at 66p until a buyer swept them up driving the final volume to 1.2m at 67.5p.
There is certainly someone accumulating but being fed by someone shorting.
Been happening most of the week in my view.

Totally agree.
He needs to respond to shareholder concerns concerning his management rather than navel gaze.

Shorts taken the book back for now.

Indicating 60p plus open ATM

On Bloomberg TV and CNBC this morning.
At least he is trying.

That's a pretty big contract win so believe 60p is possible today?

They have also now linked themselves to the market but every analyst in the room will have their view on the market?

I am hopeful but it’s all in the outlook?
IMHO

All looks good but it’s the outlook that might disappoint?
They quote that they will beat the market but the market growth is roughly half the planned longer term target?
Really depends on what the analysts are expecting for the market and their rather modest beat vs the market?
Hopefully the conference call will give us a fairly accurate take on the analysts views?

...........traded through the London Stock Exchange book so far.
All pre-negotiated off book trades

Thanks my mistake