RE: I wonder...15 Dec 2025 18:29
Firstly you can't sell shares from your trading account directly to your ISA. Reason is an ISA allows you £20k top up per annum.
So firstly Cooklin had to sell shares to realise some cash, and then for exaclty the same £46,150 he made selling shares he repurchased those shares and they are safely tucked up in his ISA.
Two reasons I could not complete such a transaction is that I have to sign a document each time I put money into the ISA so I could put over £20k in any one year. Secondly I would have to sell the shares approximately on the bid and buy back somewhere on the ask, which would mean loosing around 8% in the process. Cooklin must know a broker who did him a favour I would say.
At least we are to be thankful he didn't ditch all those shares.
Can't believe with all the companies being forced into insolvency that Mano can't be milking something. Perhaps the game is up and the lifestyle board and legal team will have to think of new projects to keep shareholders on board. BBL haven't yielded anything substantial.
First truck cartel case looked optimistic, but hasn't got the market excited.
Case work may have multiplied but what the real value of those cases we won't know until, March.
Should one of the board actually buy some shares at these five year low prices, perhaps we could believe the company had prospects.