RE: 1m BUY5 Oct 2018 10:26
Personally I doubt SOLO are selling anything yet. There are plenty of traders playing this who will have bought big yesterday and will have offloaded last night / this morning. 1m/ 5m shares is not big numbers and they will be trading those numbers daily. If SOLO wanted the reddies they could have sold for cash IMO.
from SOLO RNS
"The Board has seized the opportunity to monetise its investment in HHDL and is pleased with the return we have made on our investment. The transaction enables a more liquid balance sheet and frees Solo from future direct operational expenditure at Horse Hill, but ensures we retain the exposure to the exciting upside potential of the projects within UKOG's diverse portfolio. Importantly, we will retain the option to monetise our shares in UKOG at the appropriate time."