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It doesn't follow the narrative!!
Have now sold 50% of their shares in pendragon. They also raised £120 million last year, probably to fund a purchase in pendragon. The question is, what will they do with the money now?
Still a big buyer here, probably TDR Capital. I wonder what there end game is? I'm guessing its profit, just as they did with Lookers.
TDR Capital now own 9%, its getting interesting.
2 x 2.7 Million shares dealt, looks like buys to me, although it's not affecting the share price. We should find out tomorrow or Thursday. Its getting lively now!! Vertu not continuing their buy back either, offer on the table??
Now own 8%!! Someone knows something and it's clearly not the idiot below!!!
Definitely still a big buyer here, every day buys of 10,20,30k shares. Probably TDR Capital.
Market sentiment!!! 3 dealer groups have been bought and de listed this year. Why?? Because they were cheap!! Vertu the only one left.......Heddin are still looking for a foothold in the UK, others are hovering.
PS. At least you know what you are.
Doesn't take long for the muppets to arrive here, who believe their own BS, without doing any research. NAV is 75p.
3 x 3 Million trades
What about the 2x 2850k trades just before?
We'll find out who that is tomorrow hopefully.
Only reply to this message if it applies to you!!!
Some people think that by just posting a comment and not actually researching a company, they can get the share price down!!!! Anyone who had I million shares in vertu would know exactly why they had 1 million shares in vertu. Yes it might drop a little......but!
Idiot!!!!!
Now a bidding war for Pendragon. Who ever loses will still want a major foothold in the UK.
Vertu are a sitting duck.
If the Lithia deal goes ahead, that leaves Vertu, and Inscape as the 2 major players listed on the stockmarket. IMO, Inscape is a more complicated buy, so that just leaves one!! Or you could listen to Jolly.......
The talk is, as its an offer for part of the company and not a take over offer, then only 50% approval my be needed. But I'm unsure. IMO the current offer is too low!
Do you still think you can de ramp this share and buy it cheaper????
Tell me? Where and how do you get your logic of 57p?? Guess work??
Idiot!
To buy VTU!
Agree.