Morning gents1 Oct 2009 10:23
Big seller this morning, unloaded 800,000 shares in the first hour in lots of little bundles. MMs dropped the price a couple of points after the first 100,000 and then it remained solid throughout the rest of the buys, good sign i believe. I was also trying dummy sells throughout his selling and the MMs were more than happy to take more than NMS off me, so I'm not worried. Since then 50,000 buys in the door.
Also - just looking at major shareholders, I think the MMs could be rather short...if we get sustained buying on this then we it could rocket:
Shares in issue: 117,716,515
Major share holders:
1 GOLDMAN SACHS SECURITIES (NOMINEES) LIMITED 18,162,440 15.43%
2 EUROCLEAR NOMINEES LIMITED 17,512,299 14.88%
3 VIDACOS NOMINEES LIMITED 14,884,400 12.64%
4 HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED 14,668,635 12.46%
5 BNY MELLON NOMINEES LIMITED 14,450,600 12.28%
6 STATE STREET NOMINEES LIMITED 13,492,366 11.46%
7 HANOVER NOMINEES LIMITED 5,000,000 4.25%
Securities not in public hands
The interest of the Directors and of persons connected with them in the ordinary shares consists of 21,706,100 shares (or 15.25% of enlarged issued share capital). Tomas Fiala, one of the Group's directors, owns 6,831,700 shares (4.9%). Spinnaker Capital Group, the executive of which is Boris Erenburg, another director of the Group, has acquired 14,874,400 shares (10.5%) of the Group during the first and the second share issues.
Add that lot up...