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Or may be they are raising money for an acquisition.The amount of the sale is a small amount of their holding which suggests it has a specific purpose.They have also said it is for their on going investment in technology companies.Time will tell.

A buy back is coming.

It seems odd that after the RNS stating a buy back of £300000 of shares they have bought only £33590, both of which are fairly insignificant amounts,but why did they stop?

Looks to me like they are getting ready for an acquisition.

Interesting resolution in the agenda to fascilitate the company to buy back 20% of its own stock should it be deemed beneficial to the company and its shareholders.Only if they need to of course!I wonder if that is already their intention.

Looks like the s--t storm is over and Santa is delivering early!Happy Christmas.

In which case this is going down further.I wouldn't top up just yet.

When I said rerate I was thinking upwards not downwards!

As you say large stake building with pi's reducing their holdings.The only questions are when will the amended accounts be released,hopefully before suspension at the end of December,will they have any surprises and is there going to be a bid for this company as rumoured in the Telegraph.I don't know where they got that information but I hope they are right.

Looks like the Americans are back at the feeding trough.

It will rerate in its own good time.

There seems to be a lot more detail in the accompanying statements than before.Surely this is underpriced at current levels.

Will the institutions push this through 90 or will they wait for the pi's to profit take a 12% week.The free float is reducing by the day so it will be an interesting close.

Due out by 1st Dec as by the aim rules.The accompanying statement should make interesting reading.Roll on next Thursday!

I wonder if there is any link between what Questor said in the Telegraph about expecting a bid on RCN and the resignation of MXC as advisors.Conflict of interest may be?

If the sp fall here is due to the RCN mess then the Questor article in the Telegragh should help to ease the pain.If they are right MXCs investment in RCN will show a great profit.

Ouch we don't talk about 365 on here.It went wrong and became a cash shell with a small income from CTP for some of its usable software products.Yes you are fight about the market cap.

It seems that whatever happens on the periphery,this share is really not liked and the current debacle hasn't helped.However the problems will be sorted and the values of MXCs holdings will go up and in the not too distant future those values will exceed the market cap.Then they will sell something do another share buy back and the share price still won't go up or will it?

I guess that 5million buy puts the record straight.Lets hope our founders are back at the trough.

If you check the date and time of that trade it is hard to work out if it is a buy or a sell compared to everything else going on that day.However it seems unlikely that with the uncertainty on the day the mms would take in a lump at that price.Someone is hoovering up behind the scenes here and with the strike price on MXCs warrants at RCN getting nearer it will be interesting to see what unfolds next.