Member Info for Urraca

It was a joke ferchrissake

Can only guess he needs to rack up some losses for tax purposes

No, the TR1 for the premium buys could come tomorrow. Might come today though. At any time.

kewjosh "I was here on the first profit warning and then the 2nd."

Do you mean you've lost a bundle here and you're butthurt josh? Lol, explains the sour grapes

Whoever it is has two trading days to notify the Company, who then arrange to issue the holding RNS, so it might not come until tomorrow, and not necessarily at 7am.

Kewjosh, good to see you up and engaged so early. Please can I ask that you rein in the uber-ramping a little, it's getting embarrassing. You probably won't be able to affect the sp to suit your book by posting here you know.

Profit profit, I know you've been pushing your theory that the owners of Footasylum are behind the two huge buys today at a premium to the sp. it seems highly unlikely to me, they already have a controlling stake. But if it was them, it must have taken their stake to around 70% or over, so if JD do try to get to 29.9% that means there is literally no free float left. Which would suggest a rapidly rising share price as the pool remaining evapourates.

But.. It just doesn't make sense.

Delayed trades have to be reported at the time they were transacted. So these must really be after hours trades. Don't recall ever seeing such an active after market before. Intriguing.

Nothing wrong with taking a profit, although letting winners run gets you more profit. Still doesn't explain why you ghoulishly post on shares you don't hold, predicting doom and gloom. Btw, do you agree with Alexandria Ocasio-Cortes that the world will die in 143 months? I think you have a lot in common.

I coukd speculatem but I haven't got a clue. It's a bit fishy though. Why didn't they resign over the other, much much larger, so-called unauthorised transactions?

Why not ask them?

JD have said they want a 29.9% stake. That is 31.23million shares. If they do already have 19+ million, only 12 million more to buy.

They've said they have an 8.3% stake though. If that was before the buying today, worst case, they still want another 4million shares.

JD want to buy another 22 million shares. That is a fair bit of buying pressure, in a fairly thin market unless the family want to sell down some of their holdings. And even if they do, it's still big buying.

Over 20% if they've only got 8.5% odd already

You might be right, but the lesson is still in progress. Let's see where we are next week before starting to draw any conclusions. You are kind of pre-empting what will unfold.

They have been desperate for Allenby to resign from the time they got the EGM requisition. And they have attacked every share price recovery. I guess this way they have avoided the extra humiliation of seeing the sp rally as the day of their defenestration approaches.

Quite a lot of doom and gloom on the other BB about the company's prospects now. I can only remind folk that the crrent board said they would put the company into admin at end Oct last year. They didn't. They then said it would be insolvent by the end Oct last year. It wasn't. Then that Allenby would resign such that the comany would be delisted before the EGM. It won't be. That the new directors would be unsuitable. Allenby conspicuously did not resign for that reason. And now that any financing proposal will fall through if they are voted out. Well, we'll have to wait and see.

Honestly, given Kononov's voting power, I can't see how the Board ever thought they could win this one. Trashing the share price felt deliberate, to punish Kononov. And they seemed genuinely surprised when the EGM was requisitioned.

We're in Kononov's hands. But we have been for years. I personally don't think he will want to delist. There may be an early placing though. That would be a carrot for prospective new nomads.

It says even less than the RNS yesterday about what the FDA's issues are, and potential options for addressing them.

To be honest, it looks like the price crashed so very hard because someone sold out a holding of around 10% of the company, pretty much first thing, and for whatever they could get. It's a bit hard to know who or how much because of delayed reporting. But there will be a TR1, possibly tomorrow.

That sort of volume suggests an institution. Taking a pretty big hit. It's not the sort of trade made on a panicky whim. Their reading of the RNS must have led them to much the same conclusions as Cantique, and they must have decided that whatever capital they could extract was worth getting.

I don't know if the fall was overdone, but it undoubtedly went down so far because of the colossal and immediate dumping.

Good luck to all who are invested, and I genuinely feel for those who've lost a great deal. It's happened to me before.

Shaungreen says 'If I see cowards and bullies picking on folk whilst they are vulnerable I will call it out.'. 'King priceless. Are you in Momentum shaun?

Moneyam is good, but sadly going behind a paywall next week. I'm going to try out advfn myself when it does.