Member Info for soleman1

That's very interesting. Consider this though if 60m shares dumped onto the market and the price has barely dropped. In a weeks time if the buy rate were to continue the opposite would be true there would be huge pressure on supply and the price rockets. Its like the overhang has prevented the price from normalising but if this is true there is actually huge underlying demand for the stock.

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£3.49.9

Probably the most honest

When he talks about half the business being owned by himself and a few friends, the sp moves around by a small balance of shares is he suggesting the option to take it back private or attack the shorts by buying up chunks?

Well I said 4% drop on open pretty close, just need it to close up 10% and I called it haha

Ocado from memory dropped from 200p at ipo to 50p amidst hate from the press and ii at the time. If you had bought that drop your 3500% up now. Make your own decisions about the business rather than be influenced by those seeking a quick buck.

Looks like today is shaping up to be a good one!

Bloody unlikely given the hard bargain iis drive. Price is important to sentiment though for sure. Anything close to 210p should be positive.

Feels like the shorts are getting nervous! One ii has transferred holdings to another, cool story.

Absolutely balls deep, ceo more than doubles his holdings, late trades can be deciphered sometimes but are late reported and can be from any time today or perhaps even yesterday so good luck figuring out if they are buy or sell!

I won't be surprised either way but I'll start with drop and guess the day finishes with pop. -4% start and +10% close

Markets work in strange ways moving in anticipation of known and unknowns, the results can be surprising. Eg if it was known in inner circles Blackrock were sellers other ii would have been waiting before buying and not supporting a fundamental market when they would have typically. Could be a drop at 8am followed by huge institutional take up, who knows what's really happening behind the scenes.
Blackrock could also have hedged their stock at a far higher price through subsidiaries avoiding the radar, perfect to finish the downtrend with a pi panic enduced drop having sold out leaves best price to close the short.

Yes either the stock hasn't been sold and the article is to drum up interest from other ii for private sales or its done and now they have to let the public know. Judging by the stocks tsunami drop you would believe they have sold already but if that's true they should have informed the market along the way.

The fact that they have a book runner makes me believe they will sell these shares privately otherwise why would you employ them. If they intended to sell on open market they would have just gotten on with it already and wouldn't advertise before doing so.

The spin off plan is much hated by the city but to me it maximises shareholder value short term. Doesn't take much of a stretch to see an ipo valuation over 2bn.

Yep, seems far fetched!

Agreed, usually after a drop like today the bottom would be found tomorrow but I have a feeling it will come right out the blocks.

The figures look great but this is my first update as a shareholder, does it meet the concensus of Others?

7c makes the 2021 investor dividend return about 24% at this share price!