Brave Bison Share Discussion Threads

[dplewis1] 19/7/2019 11:13

Back to 2p bid again with 3 market makers paying

[clocktower] 19/7/2019 10:25

You might meet Kate at Hickstead, as she might have qualified to enter, or may have just obtained a ticket for this event next week, as she is a keen horse woman.

[dplewis1] 19/7/2019 10:18

A person must notify the issuer of the percentage of its voting rights he holds as shareholder or holds or is deemed to hold through his direct or indirect holding of financial instruments if the percentage of those voting rights: reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% The notification to the issuer shall be effected as soon as possible, but not later than four trading days in the case of a non-UKissuer and two trading days in all other cases

[clocktower] 19/7/2019 10:17

Jungmana - If the sale is as part of one order, they would not need to notify. However, nothing happens time and time again when that goes out the window. They only punish small insider traders or on the odd occasion a very big one (that can afford a hit) just to imply they act and do a job.

[clocktower] 19/7/2019 10:14

I very much doubt that Tangent would trade the stock. The point is that around 20 June the could only attract a buyer at 1.2p - since then there has been no news from the company directly that would have changed the value imo. However, the news of other stake movements has put a different perspective on the companies value.

My views about its value are still negative but that does not alter the fact that some folks think they are worth a lot more than 1.2p.

So, of course wise traders are going to top slice and take profits as and when they can.

Good Trading.

[jungmana] 19/7/2019 10:07

Yes I do understand you have to notify but my question is , is there a time limit? And at what threshold is compulsory to do so? Recently I was in a share where a holder sold from over 10% to under 3% before any notification was given.

[dplewis1] 19/7/2019 10:04

It's a requirement to notify at each % threshold. So they would need to inform the market if they went under 18% from their current 18.9%

[jungmana] 19/7/2019 10:01

I may be wrong and could be another stale holder but been watching the sells over last 4 to 5 weeks. Is it a requirement that they have to immediately notify if they sell a few millions?

[dplewis1] 19/7/2019 09:53

If they had trimmed their position they would have had to notify..so with all due respect that's just nonsense. Tangent aren't a hedge fund, they have clearly bought a stake in BBSN to complement their digital agency offering and to work with their client base..not to punt the shares on for a small profit.

[jungmana] 19/7/2019 09:43

Tangents hasn't got a lot of finance and have put a sizeable chunk of it into BBSN. Will not be surprised to see them trim their position here with some of of the sells going through over last 4 weeks.

[clocktower] 19/7/2019 09:32

Not surprising when Tangent only paid 1.2p the other week for just on 19%.

[jungmana] 19/7/2019 09:23

Whoever is selling seems to be happy with 2p. Same thing happened about 3 weeks ago .

[clocktower] 19/7/2019 09:10

No dplewis1, I have not but the news yesterday changed the picture, and it became clear to me where this was going in the short term. Upwards and onward, after a few shakes I guess.

Good Luck.

[dplewis1] 19/7/2019 08:59

Oh and guess what clocktower has changed his view AGAIN..!!

[clocktower] 19/7/2019 08:56

The bulls are charging!! The herd are on the run, 2.5p here we come.

[tsmith2] 19/7/2019 08:52

Would appear to be the case, re-rate now

[qs99] 19/7/2019 08:43

Boom through 2p...

[qs99] 19/7/2019 08:42

agreed, glad I have topped up

[tsmith2] 19/7/2019 08:38

If we get pass 2p with momentum then 2.5p swiftly on charts

[qs99] 19/7/2019 08:37

Overhang cleared, job done

[clocktower] 19/7/2019 08:33

You never know who is behind these CI companies, as the hide the beneficial owners ship of these outfits. The Islands are a hive of criminality, Paradise Papers - remember them, not to say that this company is anything of the kind.

Still, its doing the power of good for BBSN as the share price heads back towards 2.5p

[ewanwhose] 18/7/2019 17:14

CI-based investment company (CIP on AIM). Launched Jan 2018 at 100p and invested in a small number of very random-looking companies. Now 64p on a NAV of 89p!!

[dplewis1] 18/7/2019 16:29

It's not Tangent. Anyone know much about CIP Merchant?

[clocktower] 18/7/2019 10:59

If it is Tangent - I expect this to go to 2.5p so seems a good risk for the time being anyway - not that I am positive about the outlook for the business but a deal could be on the cards I guess.

[dplewis1] 18/7/2019 09:34

Could be a transfer but why would they need to go via a market maker paying them 3 grand for the privilege.