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Was it not 11 million shares rather than £11M - making it a trade of £60.6M?
In particular, Neil Davidson (chairman) 103k @ 99p at end July - not showing here on LSE for some reason.
Personally, I haven't had any issues with RNSAlert, but you could always try https://www.investegate.co.uk/ instead.
...and I'm in.
Any indication of what was said in the bearcast itself? Not that it should form the basis of any decisions made, naturally...
I suspect that, like me, he has traded this over time. Whilst disappointed at the current drift downwards, and without wishing to alienate anybody, I am well up on my investment/trading. BTW, I am currently a holder and down by about 11%.
I'm aware that there is a qualifying date for the return of capital etc to shareholders, but have I missed what this date is, or has it not yet been divulged? If not divulged, has anyone any idea when it's likely to be?
Perhaps some PIs have become spooked after FARN's Phase III failure which was reported this morning; it's currently down 85%! No doubt comparing apples and pears here, but the human psyche is occasionally illogical...
In an article on OPTI today, TW states 'The shares have been depressed by the overhang created by some warrant exercises. That overhang is now cleared'. Do we take from this that the two remaining warrant holders (TW himself and one other) have now exercised?
TheQuietus: thanks for the encouraging words. My situation appears to be similar to that of Dare2Share 'I have done my averaging down unfortunately! Would love to buy more at these prices but I can't justify putting anymore into this share currently'
Whilst I have a sizeable chunk invested here, with no (current) intention of selling, I can't help worrying that any rise now - for whatever cause - will immediately be sold into and therefore quickly stifled, instead of what would otherwise be a steady increase in share price.
Ummm, he says '...bad news but not a sell'. He maintains he is holding, not selling and suggests that 'the brave will average down'. Make of that what you will!
This 'sell' recommendation is on one of his websites that focus on short term gains - hence the recommendation, (after the recent discounted placing, this one isn't clearly going to fly in these next few weeks). In fairness though, he does say that shareholders with patience could do very well out of AMYT.
I'm hoping he's forgotten the proposed 10:1 consolidation...
I have no problem with the name Sosander - but to have a ticker of 'SOS' is a trifle embarrassing....
Grangame; apologies for not providing a link as requested; I've been away for a week or so and not checked in - and thanks to KB007 for stepping into the breach.
AR is quoted as stating in an interview with TW in UK investor magazine that relisting is scheduled for the third week in October, and implies that the price will be 15p (after a 1:10 consolidation) so effectively 1.5p at today's rate.
elrico: many thanks for your posts. As someone who hasn't done too badly out of Opti (I've successfully traded it a bit over the last year), but who now is in the unfamiliar territory of finding my holding in this share well underwater at the moment, I am significantly reassured by what SOH had said. Thanks again for contacting him, and in particular, for informing us of his replies.
Flattery will get you everywhere....! (But thank you all the same)
Probably perfectly true cwmaman; unfortunately too many people are looking for an immediate SP rise, and move on when it doesn't happen. From my experience, investing in a company with Opti's potential is much more likely to produce a significantly better return compared to dipping in and out of speculative stocks.