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A TR1 is only issued when the investor has stop purchasing or purchased over a specific percentage of the company.
Maybe he means that just because theres not TR1 announced doesn't mean a large portion isnt being purchased in the back ground.just my opinion anyway.GLA
His Highness Sheikh Ahmed Bin Dalmook Al Maktoum holds 200 million shares as of TR1.
i personally would class that as a good sign the government is happy with the progress being made by the board at oricale power.
4p target will do me to offload a mil shares and let's the rest ride.
Gla and it maybe worth getting in before funding rns lands global 2017...all IMO ofcourse.
Oracle Power PLC (AIM:ORCP), the UK energy developer of a combined lignite coal mine and mine mouth power plant located in Block VI of the Thar desert in the south-east of the Sindh Province of Pakistan, announces that, further to its announcement of 23 December 2019, the 15,882,325 new Ordinary Shares will be admitted to trading on AIM ("Admission") at 8.00 a.m. on 30 December 2019, as opposed to 2 January 2020 as previously announced.
On Admission, the Company will have 1,755,350,959 Ordinary Shares in issue. The Company holds no shares in treasury. Accordingly, the figure of 1,755,350,959 can be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Personally I think there is a large order brewing in the back ground that the mms need to fill & they dont have the stock,so when news of the TR1 came in they highered it to trigger limit orders in order to get shares,Hence why there was a random 1.65 orders going though.
With the funding rns round the corner I cant imagine them being stuck for shares once that lands, but if it doesn't land today then I reckon we might see a 10% drop but that's nothing in the long run.
Hold on to your shares tight because I can see funding rns taking us to 3.5+ ps
Gla