Member Info for ShrewDEds

It certainly appears that the Mms are waiting for something that they know is coming. I think that you are right.

Every chance that they sold the holding directly to one or more institutions via the irregular large trades last week. Looks increasingly likely that a stake is being taken here.

That is useful thanks. Clearly the sellers are UK based. So they would normally have to declare at 3%. Other exemption would be if they were managing shares for others. I was thinking the shares were their own and this would not apply. Any thoughts?

One poster on twitter was firmly of the view that certain institutions declare on 5% increments, meaning that they would not declare when they went beneath 3%. I couldn't see why that was, but thought I would chuck it in the mix.

Couple of overlapping threads here I think. I presume that you weren't referring me yahal.

Funny isn't it that when Strategic Equity lowered it's holding by 0.41% of the company there was something close to panic, but when Lombard raise their holding by a little more hardly anyone seems interested. I'm back to breakeven today and would happily invest more if I had the funds.

In my experience it normally happens just after most have decided it never will.

Like you, I think the sp would have risen with shorts closing. Perhaps a transfer of some kind. Its almost like an off market deal to take shares that were being offloaded, but had it have been it surely wouldnt have been reported in this way. We'll see what tomorrow brings. Hopefully good things.

Interesting end to the day. I notice that the trades did not push the sp up significantly. Had they been normal buys, even taking into account that the 2 x 200k trades need to be ignored, I would have expected the sp to rise quickly. The fact that it did not suggests that they were already accounted for in some way. Would this be because they were shorts closing, or is there a better explanation?

I've got a decent holding here, so I hoping for a decent correction soon, this opportunity only being presented due to short term market dynamics. Not a share that is going to be driven by PIs though by the look of it .

I think that many sellers jumped the gun today. I've not had time to look at all of Strategic Equity's investments, but from what I have seen they tend to stick with their investments following a drop, and are prepared to add more when share price opportunities arise. What's more, they will sell a small amount and then buy more later, as in their Tyman investment, where they sold a tiny amount in September but bought back more in February.

We'll see what happens here, but I don't think they would have sold a small amount and reported if they had intended to sell more. They are in the habit of buying back their shares. They did this yesterday. I think they just released equity rather than decided to cut and run.

Perhaps some sells were his yesterday, but the notification was for Wednesday, so he sold some at the worst possible time. Looks like he panicked to me, and solidified a whacking great loss in the process.

Perfectly normal to see the price drop back after a large correction upwards. Traders are consolidating gains and buyers think that there may be a chance to get in cheaper. I would expect the next move up to take place in the very near future.

Time will tell whether I'm glad to be be back, but I hope so!

I long ago gave up trying to second guess who is selling and buying shares behind the scenes. Yes, it looks like there are more to be sold, but there could easily be buyers waiting, and I can't see the recent investors wanting to let the price continue to slide. Predictions of the numbers of shares to be sold are no more likely to be correct than predictions of copper production have been!

I think that the potential rewards here outweigh the risk. A number of large investors agree. After a run of bad news, and with sentiment on the floor, a positive RNS could lead to a significant correction.

Still some downward pressure on the SP, presumably a background seller. Looks like it has presented a good opportunity, so after selling up not long after readmission, I'm back in. Good to see that a fund is snapping up some of the slack.

Such work doesn't fund itself. No magic pixies are available for this kind of work. Major partner obtaining the funding it needs to complete our work. Only on here can that be perceived negatively.

7 May is just over a week away, following which major partner will be fully funded for our well. As I say, good news.

As I see it this is a very positive development. In all probability preparation work is continuing as we speak, and the funding will allow allow this to continue.

�15,000 buy on NEX. Slowly building.

Looks like a bed and ISA to me. Brokers will deal with these as a connected transaction often at the bid and then, immediately after, just a touch higher. If not it is clearly an administrative procedure by someone that has no impact on the SP. Not worthy of discussion really, other than that people seem to get confused by them.

No shares are available to buy at 0.445. The real bid Is 0.45 and rising. The ask is currently around 0.466. I call that better news.