Member Info for theAccountant

Just noticed that the short has also increased though 🤦‍♂️

And that explains the price drop.

Harwood Capital LLP Have bought a 3% stake which is why the price was dropped.

Not ideal, but looking at the short history, all shorts have closed within a few weeks 🤞

Absolutely hope this is the catalyst for a jump back up.

I’ll increase my target too but I’m happy with my top up this morning. I have sometimes regretted not buying at the bottom but I went for it this morning.

For example, I was hovering guy quotes at 52p last Wednesday on Evoke and then it jumped to 60p following the budget. Sometimes you just have to go with your gut and I have gone with my gut on this one following detailed analysis of their accounts.

We also have a strong cash balance at August.

I hope you sleep better after reading the update Petr ☺️

😂😂😂

Slightly higher, my target is 50p.

Good luck to whatever you decide to do.

I also do think shorts have made their money since Friday as it has dropped but will start closing their position this week. 🤞

I doubt it, JXP.

I’d prefer a gradual increase rather just a sudden spike. Given we are in a much better position than 6 months ago, I doubt this will be below 50p for long.

I was looking at the annual accounts last night specifically focussing on the share register. I can see that Abrdn are major shares in Vanquish and maybe the share price has fallen because I know they have been selling in other companies so that may be the case here too?! Surely we’ll get a TR1 soon if so.

I’m not sure but just have a look on this website or Vox 🤷‍♂️

Https://www.thebusinessdesk.com/yorkshire/news/2131437-progress-made-to-turn-around-vanquis-banks-fortunes

· As previously stated, Vanquis is not subject to the current FCA Motor Commissions Review that has been focused on discretionary commission arrangements, which Vanquis did not participate in

Hi Rizzel, it’s probably because you’re a long term holder here with a higher average but you need to take a long term view especially given the turnaround only started this year.

I’ll be honest, I’m only in for a trade and I’ll be pleased just to get back to 46p so I do hope things turn around tomorrow.

CEO gives me hope...during his tenure as Chief Exec of Bank of Ireland, the SP increased from 1.5euros to 9euros.

I agree, those are over £200k purchases. Great to see this.

Thanks, I can understand your frustration.

Hi @Rizzel, what’s your average?

Try and be positive. I’m sure we are not doomed given our cash balance, strategy and management plans for ROE for 2025.

These stocks do shoot back up.

Looking at the chart, I do feel for the long term holders here.

Let’s hope tomorrow’s news is the start of a recovery.

At this rate, I’ll be pleased to see my 46.2p average 🙏

I concur.

Been watching KOD on the sidelines for the last year or so. My advice is just be careful. I lost a huge amount in Horizonte Minerals last year, a lithium mine in Brazil, so close to production, price collapsed from £1.50 to 8p in months with Glencore eventually taking over.

Be careful whatever you decide to do.

AIM is a big gamble!