Member Info for win4call

I think YA and Riverfort are focussed on providing financing solutions rather than taking investment stakes in businesses. They look to obtain favourable terms and use market mechanics with the holdings they obtain in order to ‘make a turn’ on the financing provided.

It’s very much in and out trading, not investing.

I suspect you might be right. These have been in existence for quite some time and holders will have done ok on the interest alone. Do we know who the holders are or how many different holders ?

Both selling. Nearly 1% as well.

I assumed that the limits statement in the financing RNS would restrict them selling this much but obviously wrong.

Happy - did you have a previous id ?

Only ask because it says you’ve been a member since 1st April ?

Good message all the same. Welcome.

Probably dormant from a UK perspective but this is registered in BVI - helps to get around some of the UK regulations.

Knows all the tricks does JZ.

It can only be stubborn principle.

Take a step back , if you were left with £1000 in your analogy, where would you put it to try and make some profit ?

You might not get back to £10k but you’ve a damn site better chance of increasing it by not leaving it in here to rot.

Any time soon this could do an MRS and those still locked in lose everything.

So many better opportunities elsewhere, why would anyone leave their money in here just because they’ve lost so much already ?

Let’s see if these 100k trades get cancelled again. Wonder if they are being used to try and damp down the rise and keep the lid on for some reason.

I don’t see how we’re going to be shot of them anytime soon unless the goal posts have been moved.

River / YA pay WSG an amount each month over 12 months for the 14 million shares they were given. They can sell an amount each month, with limits and restrictions supposedly in place.

Like it or not, we have them here for a period of time.

Sedum - more 100k trades and cancellations this morning. Stock moving around or can we expect this to be aggregated in to a larger trade later today ?

Good to see the price holding up after the 2 large sells over the last couple of days.

Assuming it’s our instos selling their allowed allotment for the month. Let’s hope so.

I don’t understand sometimes how they manage to fudge the trade reporting. 1.2 million transaction at 8.31, then a number of largish trades reported later (100k, 200k) which are then cancelled end of day once the 1.2 million is subsequently shown. Surely that means those smaller trades were all totally fictitious ?

Provided the liquidity for the volume which is good. Fingers crossed it means we can rise further in the build up to results next week without worrying about instos offloading.

All guess work though.

I wonder if we’ll get another delayed large sell from today.

If yesterday’s was from River / YA then it would surely only be from one and we could then expect the other holding to be reduced in line. That has been the way it’s gone so far with the previous selling and holdings releases.

In isolation a one million sell isn’t sufficient to see one of these instos cross a holdings threshold so wouldn’t necessitate an RNS.

The 10p conversion price kicked in on the 1st Jan and I’m sure the price stayed up in the 12’s for a short while. I think there have been spikes over the last couple of years which could have netted holders >20% should they have chosen to act.

I might be wrong but I just don’t see them converting unless there’s a serious re-rate.

I’d be surprised if they do want to convert. We were due to repay these in June and had paid down a quarter if it before agreeing a delay.

Holders have had many chances to convert over the years and shown no inclination so I’m not expecting them to start converting now.

It’s back on the radar of the Twitterati - lots of the usual suspects talking it up etc , all looking for a quick ‘bag’ and then do a runner as usual.

Good volume though - let’s see if our insto friends use it as an opportunity to sell in to or whether they have different plans for this month.

Just googling and the story from Thursday states that SCC have installed their fever detection equipment so maybe nothing to do with Westminster ?

Might have missed it but, has it been confirmed that Westminster supplied the existing fever detection equipment ? I saw the story earlier in the week but is it really our kit ?

It’ll be interesting to see how River / YA play things. They have their monthly tranche to sell but also make a monthly payment based on the VWAP of the lowest 10 days. In theory they’d want to sell at best price but have a good number of low days for the VWAP calc.

Maybe that’s why the results were pushed back, have a a couple of weeks back in the 8’s and then sell in to the rise around results. Far be it from me to suggest that’s why the date was put back to mid May.

Worth noting as well that, based on assumed volumes from these 2 in March / April and the fact there are supposed limits over the year then they potentially only sell approx 600k each month. Volume that can easily be soaked up on a big volume day such as results day.

AIM / Phil - the differing approaches highlight the psychology of selling.

Many will only sell when in profit and / or they feel a rise in SP is not likely to go any further. Some find it much harder to sell even when they know the SP is going to fall because that’s an admission of failure.

Makes me laugh when people say, when a share has fallen and sitting on a loss that ‘there’s no point selling now’.

Don’t get wedded to a share. It’s only a temporary home for your funds - if you don’t think that share is going to perform, find another that you think will and move your funds in to them rather than sitting there stubbornly refusing to acknowledge you made a mistake.

AIMHO and not directed at anyone particular just general opinion.

Mike - I did see it and that’s a good start but that was in early April. There is now much more talk of widespread requirements in many venues for screening and thus the potential market is much bigger. We should be aiming for multiples of what has been achieved so far.