Member Info for RustinCohle

ha, does make me laugh. We reached 3.6p the other week in a flash and that was at a time where AVIVA were releasing TR1s and were therefore defo selling. Why you'd have to wait another whole year to reach 4p if the business is improving this quickly is beyond me.

i think whoever is behind that account is useless at talking the share down lol Posts are too long as they clearly assume we care enough about their life story to read mountains of drivel. Yes most of us here have probably been doing this a while too, nobody cares whether you worked in IT. Yes we know that AIM BODs are typically self serving but the point is that if a BOD has skin in the game then their interests are aligned with shareholders. In this case the BOD have plenty, Andrew Black has a good holding and also provided the company with a finance package of approx £4m from memory, over the last few years. I'd imagine that meant that shareholders (including him) weren't diluted to oblivion during the difficult times, which we are now coming out of. Year end results are due any week now and i have an email from a member of the company stating that they will illustrate the points made in the trading update - which is pretty obvious anyway.

yeh i can't believe Andew would back the company for so many years financially then sell down at more or less all time lows just as we are beginning a turn around and about to post positive financials - Almost no chance of it being him in my mind. Your point about AVIVA wider policy does fit the point i made weeks ago about my mother's pension problem with AVIVA and their lack of liquidity cash. I've seen them scaling down in several stocks at a point i would consider it to be a 'bad time to do so'. Who knows what's been going on, one thing is for sure, we've had a seller and a lot of PIs lost their bottle. I think we'll start seeing PIs emerging again soon as finanicals approach.

On the phone again yesterday - The contact from the AVIVA TR1 forms. He confirmed that they would need to TR1 every 1% drop under their last holding report. He also stated that no TR1s have been sent to HYR since the last RNS. I believe AVIVA are holding on to the remainder of their shares and that it may have been a couple of other big holders under 3% who have been selling here in recent weeks. See RNS October 2016, shows the other holders i'm talking about. If i'm right about that then it would imply the seller/sellers cannot have many (or any) left to flog and that we've seen a mixture of their sells as well as PIs giving up and selling out. We may be clear now....

Look at the price trades are going in at to see the real spread. Advertised Lse spread is nowhere near reality.

Of course you are right. Everything is a gamble on AIM and even the main markets. But the trading update confirmed we are now moving into profitability with sales also doubling. Yet the SP is more or less on all time lows still. So I think risk reward is great from current price. Who knows where we will be by year end though. Agree with an earlier poster that someone has been loading up behind the scenes for a day or two. Just seen another 8 grand buy print delayed.

*HYR wanted to verify a detail with AVIVA

i guess we'll have to agree to disagree on the seller, i still think they've been doing it for weeks and weeks and will TR1 all the threshold crossings in one go once they get to their desired holding, whether that's the whole lot gone or not. I know that they are supposed to release a TR1 for every percentage point drop below 11% but i've seen sooooo many companies just completely ignore that, then they release a tr1 which says 'levels crossed - 10%,9%,8% etc etc' and the volume in the few days prior hasn't been close to enough for it all to have happened in one go. So basically what i'm saying is i've seen loads of instances over the years where companies seem to completely ignore the rules and nobody does anything about it. Take the 14th Feb rns here for example. Threshold crossed 30th Jan, RNS took two weeks. When i chased it was because HYR wanted to verify a detail with HYR. Hardly seems like grounds to break the rules does it? But still nobody else chased up or put any pressure on them did they. Personally i think the whole TR1 scene is completely unregulated and i'm convinced they've been selling. Time will tell.

the catalyst here won't be the financials, though they could well create a move when released or if people take positions beforehand. The true catalyst will be when AVIVA stop selling and a TR1 is released. Many are watching this and are only hesitant to buy in if there is no confirmation of seller leaving, wait and see what happens once that TR1 comes through.

Right now imo. Sitting just above the 50 day moving average support as well as our current rising trend line. https://twitter.com/Sierra117_Jon/status/843788938653458433

seeing a ton of sells with very little drop in spread as a result, no sign of a seller now and people dumping on the 200dma may end up kicking themselves in the days or weeks to come. Any decent TR1 will be the catalyst for a huge move north.

as yesterday, few sells in the morning then a big delayed print from earlier in the day. Move up coming now if rest of pattern continues :-)

Book appears to be moving on almost no volume. That certainly hasn't been the case for some time now. I think they have finished and now the MMS don't have an abundance of shares to sell any more.

Yeh I saw no sign of seller from around mid day when that big sell print came through delayed.

Cracks me up. Was openly holding for a 2.1 entry and didn't get it. Then insists Aviva can't have sold their 11% holding but doesn't realise it was actually 8% as of 30th Jan, 'whoops' number two. They had 70m shares at that point and volume since then is nearly 290m, so yes they could easily have finished. Instead of accepting that your greed stopped you buying the bottom, you spend your time trying to talk it back down lol. Only problem is your posts are full of errors.

Yeh. Seems undervalued now based on that update.

at the bell, should open well tomorrow as people realise the seller has stopped. I saw absolutely no evidence of one after mid day. There were a couple of chunky sells between 1 and 2pm and i know whose they were (not mine though), so they weren't 'them' still operating. I think if 'they' had been active in the background we'd have seen a retracement in the afternoon session, instead it moved nicely in both directions.

https://twitter.com/Sierra117_Jon/status/841638585019334656 Looking good for another run in the afternoon session.

Just gone in, MMs must have dropped the price to fill it

time will tell whether a larger investment or plan is being worked on, but that's exactly why cash is king - it provides no end of potential options. Even with your 2-3m interest burn per year, they could sit and do nothing for a few years and still have a cash level equivalent of multiples of the current SP. I also note the CLNs are at a great premium to the current price. With the price at such a discount to cash and the closed period about to end i am quite happy taking a position here and will wait to see what happens next. Huge potential with this much cash to spend and if the directors take increased positions as has been stated on here then that will move them even further into alignment with stakeholders' interests.