Altitude Share Discussion Threads

[billster2018] 09/1/2021 11:03

Rob, I agree. I am trying to get my head around, why we would have seen this buying activity if the main shareholders wanted to take this private. And why they wouldn’t have bought down at 10p, when they were allowed too. Quick answer is that there was less vaccine/election visibility then. But still, that isn’t enough of an explanation.

[robbnw] 08/1/2021 23:04

It is not the buy of 1 percent It is who the buyer is

[seangwhite] 08/1/2021 21:43

I agree with that scenario but the question is surely at what price? A buy of 1+% has raised the market price by todays large movement.

[billster2018] 08/1/2021 20:57

Maybe, but what price would they have to pay? Any way, I don’t buy this argument at all.

[robbnw] 08/1/2021 20:50

If MV wanted and board agreed they could easily get the required percentage

[seangwhite] 08/1/2021 20:34

Thats a fair way from 75% as MV buying a small percentage made today's jump.

[robbnw] 08/1/2021 20:14

According to the two RNS this week MV 16%KW 9.5ST 9Total 35 percent theylll know plenty like minded

[robbnw] 08/1/2021 20:11

SheepThought you had disappeared And all the time you were still here Had you bought back at 13 p you could have doubled upI agree PR been appallingly bad but I reckon the key people now are putting their money where their mouths are

[billster2018] 08/1/2021 18:59

Interesting thought Sheep. So if they needed 75% to do that. Which shareholders would that need to include?

[seangwhite] 08/1/2021 18:39

To take ALT private requires a vote by 75% of the holders would be needed. If the main shareholders want to achieve this result the buying today shows how tightly held the shares are so achieving the 75% would be a problem.The next RNS if of the same type as previous will make attaining the 75% an easy task.

[northwards] 08/1/2021 17:57

Sheep - if they thought it was going to crash, they would wait then buy in. They haven't. That tells you something.

[sheep_herder] 08/1/2021 17:22

I haven't seen any news from the company that would make me want to buy back in yet. The messaging so far has been awful and the delay to the results speaks for itself.

I wouldn't be surprised if Martin and friends are buying up stock so that when this crashes on results, they can take it private on the cheap. :-)

If they show they can actually turn a profit from what is really a $2B+ closed market, then that would be a start. I actually have no idea how they've failed at this so far. All that promise.

[robbnw] 08/1/2021 17:07

Disagree . The business is worth post COVID manny times this and is a real multi bag opportunity.

[robbnw] 08/1/2021 17:06

Yes north . MV knows his stuff and it is huge . As for no one adding , Ali , mate , get serious. Why are the shares in south short supply , everyone who is serious has been adding while low . Have you missed ST the number three , almost second largest shareholder ??? And now MV

[robbnw] 08/1/2021 17:05

It will be . I stand by my prediction in dec or 100p by 31.12.21

[northwards] 08/1/2021 14:19

I agree Bills. That's a big move today. Interims won't be pretty. Invariably will see some dips. I'm a buyer on those.

[billster2018] 08/1/2021 14:06

What a lovely day. I wanted to buy more down at 15, but never got round to it. I still think it will be choppy until there is real proof or at least visibility.

[northwards] 08/1/2021 13:23

No chance. But MV buying in such quantity is a very big buy signal in my book.

[ali47fish] 08/1/2021 13:13

well apart from Rob no one is talking of adding0- i wonder whetyer scsw give us a surprise!

[northwards] 08/1/2021 12:21

The share price now is where small company sharewatch tipped alt some years ago which led to 140p in quick order!

[robbnw] 08/1/2021 09:58

1000 percent right V important turning point for us

[robbnw] 08/1/2021 09:57

Not just a very good sign , THE BEST sign possible . The man was the founder of ALT . No one knows ALT like him and look how many he has !!!. That's on top of ST buying so in essence the number one and number 3 are buying. Soon as results are out the Directors will wade in i am sure .BIG turning point for us . If you want more shares , get in quick , VERY short supply

[stars309] 08/1/2021 09:30

Like weve been saying for last few months robb, ST adding, Martin adding, prob Keith soon too. This will Rocket very soon!!