I think that there are still a few left. There have been 500m shares to shift.
Whilst on a rising SP day they can shift 15% of that day's volume without having a to negative effect on the SP (YA picked 15% of volume for a reason). However on stagnant or red day they will not be able to shift anywhere near 15%.
If you take the volume as a whole then they will be out but if you look at everyday as an individual day then they are probably a few days to go.
Starbright I also think that the MM conspiracy theories are generally nonsense but once the placing shares are out then the MMs will allow it to go faster than they normally would just to get in the new PIs
The whole document is a good read, but particularly No. 32 which says: Portland EWT - 6 weeks Lower Kimmeridge EWT - 5 days Middle & Upper Kimmeridge EWT - 56 days
I personally happy to ramp but only on facts. The EWT is to prove commercialality and size of reservoir.
Todays RNS states as part of EWT (to prove size of reservoir it will be closed for 24hrs.
There will not be any more tankers tomorrow. So any derampers suggesting a negative due to none are just not (probably deliberately) not stating the facts.
@Bendog I think you have accidentally hit the nail on the head. HHDL might be a takeover target but with our specialculative 2m we might be the acquirer Rather than the sellerr.
The knew non investment status will now let us own more than 49.9 of HhDL.
What is people's problem with them. I read them took a judgement on them and together with other factors bought loads at 1:35-1.40.
Happy sat on the profit on them .not so happy with the loss on the 5.5 ones but at least as a whole my head is boing a round at the mome t with each tick up or down putting g me above or below water.
GLA