If Ann is/were to be Buying, she would imo be doing so at a modest amount of outlay (£10-20k) and would have no problem buying in the open market (just like us).
Without sounding disrespectful - you cant expect these NEDs to be stinking rich already with a bottomless pot of cash to be buying up to 1% of the share base. Just not feasible. |
The last thing the market would want to see is any Director Sells full stop - Never mind facilitating another's buy. |
What if one or more other directors were selling some to allow Anne or others in ? In some kind of swap? The last thing the market would want is to see director sells without the accompanying buy? |
 Just for information purposes.Did some research if ADK was buying she would need to disclose within 3 business days whether fulfilled or not.AIM Rule 17 focuses on the transaction date, not the settlement date. * Transaction Date: This is the date when the Ned entered into the agreement to buy the shares with the broker (i.e., when the order was placed). * Settlement Date: This is the date when the shares are actually delivered and paid for, which might be several days later, as in your example of the Market Maker taking 2 weeks.Therefore, the Ned cannot wait until the order is fully filled (settled) to disclose. * Prompt Disclosure: They must notify the company of the transaction within 3 business days of placing the order, even though the shares haven't been delivered yet. * Announcement: The company will then make a public announcement, which will typically include the fact that the order is still being filled.Why this approach? * Market Transparency: The aim is to provide the market with timely information about directors' dealings. Delaying disclosure until settlement could give the Ned an unfair advantage. * Price Sensitivity: A large order like 5 million shares could potentially influence the share price. Disclosing the transaction promptly alerts the market to this potential buying pressure.Practical Considerations: * Partial Filling: If the order is filled in stages over the 2 weeks, the Ned might need to make multiple disclosures to keep the market updated. * Cancellation: If the order is canceled before being fully filled, this also needs to be disclosed.Key takeaway: Even with delays in order fulfillment, the emphasis under AIM Rule 17 is on prompt disclosure of the transaction itself, not waiting for settlement. This ensures market transparency and fairness. |
Imagine where the share price might currently be if we hadn't had to carry the heavy burden of an II who had probably lost the plot! |
G2
Definitely |
Chart is looking very good, projection is huge from current level.
No advice.
BWTFDIK
SSB |
Yes certainly possible |
Very possible..
We always love a Friday boost.
Update on users too just for a woooosshh?
No advice.
BWTFDIK |
MM finally fills ADK's purchase of 5 million shares at an average price of 7p.Imagine an RNS tomorrow along them lines ??? |
That 1m was delayed from yesterday 12:19 pm so that is 3 times 1m shares traded:
2 at 7.50p
1 at 7p.
Don't you just love AIM! so clear cut.
BWTFDIK
SSB |
Cyberbub.
I have a feeling you’re right.
I recon that 1m was the last of it, and that’s why we moved up this afternoon. |
1m delayed sell printed. Could that be the end of the seller for now? |
Yes but they are not starting that work tomorrow. |
It feels like they still have a hell of a long way to get from here to where we want to be (marketing campaign, affiliates, marketplace, player integration, editor upgrades) in less than 6 months.
let's hope it's not another "soft launch" in Q1. |
Guys, no worries, I appreciate what you are saying. I will be more than happy to buy higher when we start to see some revenues coming in. If we are talking ££££££'S I will have plenty of time. I actually have some at 26p from many moons back, I had written it off to be honest. |
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