Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Paul Scott has just sold his OTMP shares (after doubling his money with the buyout there) as he wanted to redeploy the money elsewhere. I don't now how big a stake he takes but I suppose it will be notified by a TR1 if it is a big enough chunk of the company.
Will see what it does to the SP in the morning.
Was hoping for 125p but 110p is still a very decent win in a market where they are few and far between. After investing in OTMP with money made from Crestchic (thanks Mr Mills et al) I'm now looking to roll it over to another Harwood stock where Chris Mills thinks the share price is "potty" (like he did with OTMP) e.g. HSP or maybe AVG or maybe both. Good luck all.
This and the other Institutional buying could explain why there aren't many shares about for the rest of us. I've been averaging up here but have been finding it hard to buy meaningful amounts. The maximum Interactive Investor would let me have this afternoon was 50000 shares. Ill take this as a good sign and try again tomorrow.