:D You wouldn’t dare show your ISA holding for fear of ridicule |
BIRD chart. |
Looking at Stiggles post above
This is why AIM stock market is broken.
Absolutely clueless.
BIRD is my only AIM play.
It scares me that so many invetors and traders follow that level of TA, pretty scary.
No wonder we have no market on AIM we have stupid investors.
The Sheep are all so screwed following that muppet.
My charts are perfect with most but due to the ignorance and narsastic behaviour from some they have let their folllowers become homeless on most.
Maybe one of my ISA holding screenshots may help?
BIRD IS THE WORD,
SSB |
free stock charts from uk.advfn.com |
I suppose that’s why we invest ourselves rather than hand our money over to them! |
The city have 20:20 rear vision. |
Maybe there is just no love left for Blackbird in the City, so easily ignored. |
Hyper I imagine they wouldn’t be allowed to sell or buy due to insider information on the buyer however the buyer would need to declare at some point |
horneblower
A rule stipulated by the the purchaser of the 10% in the form of an agreement.
Or maybe markets rules that if they are aware of information which will add value to the stock they could hold on the release of such information in an RNS and make gain from it, then they maybe have to release the stock that may gain from such a transaction. But I don't know that, just guessing something would be in place. |
Pat Interesting I do get the process indicator but not the upload
I will contact them |
Hyper, Your scenario does not make sense to me. There is no reason why Miton would be unable to sell the remaining 5% in the market after doing an agreed deal for 10% with another buyer. What rule would they be breaking? |
After the Death Cross the share price tried to recover but the 50 day and 200 day MAs are now acting as resistance so the path of least resistance seems down
Market Cap of over £10m is ridiculouds here given the fundamentals |
Yes, certainly useful for differentiating projects and presentationally makes things look much nicer.
Having just tested, the upload and processing %s and progress bars haven’t disappeared for me, and hopefully they don’t as, as you say, very good for people to know something is happening. |
Nick let them know about the progress bar, they might not be aware. |
Hyper Interesting, anything is possible with $ billions involved expect games of smoke and mirrors
I would sell 10% of my shares @4.5p to help Google to end up with 10% it would be worth it! |
Pat If you have a lot of projects it’s a very useful update to get a thumbnail visual
One thing that has disappeared for me is the upload progress bar which might fool new users as nothing appears to happen during upload |
And what if that 10% is at £200m ?
Just dreaming! |
If it is Premier Miton they have held BIRD for over 10 years. The CEO is a Premier man and has a reputation for focusing on getting results. The problem now may be that he is seeing what is promised in the light of the past track record... 24 years of losses coming home to roost. On the numbers alone BIRD sticks out like a sore thumb. He isn't on his own as BIRD is dubbed a "sucker stock" elsewhere. But most investments come with the warning that "the past is no guide to future performance" and for once that is going to be right here as BIRD finally takes off like a rocket. |
![](https://images.advfn.com/static/default-user.png) I'm totally clueless about the sale of illiquid stock by institutional investors. Only from past investments I have seen the sell down of shares by institutions that have depressed the share price for many months to a year and then the final holding a major chunk going for a good price to a major player.
So would this scenario be allowed or work?. A big boy who wants let's say 10% of Blackbird shares on a specific date. They approach Miton to buy 10% but Miton have 15%. Before even talking to Miton they are told that they are not allowed to profit from the deal when it is made public. To do this Miton would have to sell 5% of there stock in Blackbird prior to the final exchange of 10% of stock on the agreed date, the 10% at a good price. The agreed date being the date when an RNS is released concerning big boy purchase in Blackbird.
On RNS of big boy purchase, our share price rockets, Miton has sold all its shares in Blackbird (so can't gain from inside knowledge) and big boy has 10% stake on the date specified. Everyone is happy ☺️
This is just my thoughts and what I think maybe currently happening. I have no information that this is happening or is even possible. No investment advice intended. imho, dyo.
Comments? |
A very minor/unexciting update seems to be that they’re adding automatically generated thumbnails to projects in the Projects/Recent Projects view. If a thumbnail hasn’t generated, I think you can go into the project and then out again, and it will. Hopefully more updates to follow shortly… |
Probably have declare at fund level. Similarly, if IM’s wife or family members buy/sell then it’s reported they’ve done so, and the IM & Family total on website is updated. Who knows. |
Pat Cash, yes I know DIT are a Miton fund, but if they're included in the main Miton 15% why did they declare separately last summer? |
Good point on ‘new manager’ |
It totally depends on what's going on at the fund, new manager, new strategy, redemptions etc. It's not unusual for a fund or an insti to dump a holding in a company at a massive loss, completely unrelated to the performance or prospects of the actual company. I've seen it many times. The holders of that fund rarely have any understanding of the individual companies held, they just want their annual dividends and/or annual capital gain, if they get that they're happy.I don't see how the main Miton fund could hope to sell out their full 15% holding in an illiquid stock, although they might be selling a chunk.I think it's poor that Blackbird's large shareholders page doesn't include Diverse Income Trust despite them declaring a 3.1% holding months ago. I've complained to the shareholders email address but haven't had a reply. |