Is the recent drop in share price simply because Tuson has resigned ? Think he had about 3 mio shares in LRM most of which he was granted last August at 5.5p so he has done ok. Any other news out there that I have missed?
Thanks yours. Sorry, did not expect a serious response as was being a little facetious.. Interested see the response you recd from Nick.
As far as share ownership is concerned I think it is even tighter than you suggest. Of the 86mio shares on the market something approaching 62 mio are held by the likes of L&G and other large 'institutional' investors leaving less than 25 mio 'in play'. A nice little share for me to keep without too much of a worry. Wish NRRP looked as profitable !
Not sure anybody knows the answer to your question.....Think most of us bought in to NASA at above 7p so are content hold on to see if the price can get back to where it was before the placing. Unless I have missed something I still am unaware as to who got the 'mates rates' at 5p. Kestrel and hh have some 100mio between them but this is less than one third of the total shares. But maybe I have missed who picked up the bulk of the placing although Denara took a chunk
Looks like I sold the correct share....Like you I held both but have held on to CNA, at least for the present. The collapse in BG really does look overdone.
The steady daily purchase of its own shares means that over 25 pct of the shares are now held in treasury so, in my view, the price will continue to creep back up to where we were before Aegon dumped 20 mio at 420. Still cannot fathom why such a price was necessary or even permitted.
After holding for years and showing a nice little profit I reluctantly sold today and took a small loss. When, and if, this drops below £10 it surely must be a good buy.