Member Info for rylidan

Quite strange price action today. Looks like the algorithms are busy accumulation, but there a large 'o' trade seller with blocks from £40k upwards, looking like they are trying to hold it down. Those look like the only sells bar a few very small o trades. The argos seem to be just buying.

Think a number of shares have stopped syncing their RNS updates. I have others.

It would be nice to see a progressive dividend. However, THS have just started on another major venture, so very happy for cash to go on growth.

I've doubled my holding in the last few months. These prices just cannot last IMO.

The shorters are in deep, and quite frankly in a mess IMO. They need to buy back. ITVX looks good and the world Cup is turning into a Christmas cracker.

Supply tightening. More want into this gold mine of a share, so looks like we're on the up. You've not got long to still get in under 1p IMO. DyOR

Can't say I share your doom and gloom prediction at this price. True NAV may drop in the next year, but this looks substantially over discounted IMO. It's a very long hold for me, collecting the dividends each quarter. Substantially topped up in the last couple of weeks, and will continue to dribble in funds as they become available. GLA.

It looks like either the shorters closed 19m shares, or there was insti buying. Would prefer the later.

The more the shorters sell at this price the greater their loss will be when they do have to buy back, IMO. It will need to gap up at some point. They can't keep adding liquidity to keep up down.

Bald eagle: anyone with $40m at stake will try and protect it. The price here won't rise as much and as quickly as we should. This is a medium to long term hold for me and stuff the shorters for trying to damage a British company. Also expect the shorters to have some presence across the BBs to try and depress sentiment. GLA investors here.

So it transpires that citadel have a long investment on Netflix, and their short is approx the same value as their Netflix investment, around $40m. So they are basically gambling that Netflix will outperform ITV, without having any net investment in the media sector.
Their short and use of HFT has IMO oversold us enormously. We have great assets and a really good EPS, notwithstanding a great divi at this price.
So as usual their shorting tactics have installed fear and doubt here, when really we should be far more optimistic about the future. Could have been a precursor to Netflix buying us on the cheap and giving them a win win.
Hopefully the truth is out now and true value of well over £1 will return in 2022.
DYOR

Yes, good short term investment! LOL

Great update IMO. So pleased I've been adding over the past few months. Reckon it makes a great short, medium, or long term investment.

I can't see a cycle here. The ask has been slowly moving up for a while. Now any significant number is over .62p. There are small trades at .55 and .65, but I haven't seen anything traded there over a few quid for a while. The action is mid range. Reckon there are plenty like me trying to accumulate as low as possible, with no wish to push the price up while there are still some willing to sell here.

That's not the real spread. 0.63 to 0.6 more like it

Unhooked, have a look at the disclosures that had to be made when an offer was in progress. Nothing big enough for a normal disclosure, so under the radar. When shorters exit you'll often see that they do a big push down first and catch stop losses. It may or may not be that. As I said, just my theory on watching shorted shares over the years.

Hmm, this is a mid cap share with 1000s of A trades every day, designed to pick up the stops from spread betters and drop the price. Not much news from the company doesn't help. Now worth less than the SDL valuation!
I'm holding and like you not investing much. At these levels though I could not resist a small purchase (only incresed by 6% of my holding). From here likely to purchase slowly if it drops further, but I will see how it goes, and the news.

That was just a theory, no concrete knowledge. Unexplained drops like this are often caused by shorters in my experience. I wait for other news!

Ditto, shorters exiting? Perhaps they were under the 0.5% needed to notify? From the disclosures recently there were a couple shorting this.

Haven't been able to buy any under 0.6 for a while. Still a few being sold for the MMs to pick up, but looks like the impatient sellers could be running out of stock. Could be an interesting October as we head towards project start.