Itv Share Discussion Threads

[stansmith3] 13/5/2021 17:55

nigewell today i think very significant, everything down the pan and someone is buying itv...its adds significant weight to the previous 4m adr daytoday had a bit of a rumour spreading look to me, but i guess we will just wait to find out now....if for example we find out in two weeks that itv are splitting the studios business then it would all make sensebut so far looks like usa buyer is accumulating..

[nige co] 13/5/2021 17:45

Stan, you guess is as good as mine regarding ADR's.

In just over an hour after LSE closes the ADR volume picks up yet again. At London close it was less than 100k. Now 862k.

[stansmith3] 13/5/2021 17:17

nigeif the shares are coming from the uk, do you expect the currency costs to disappear?if the float increases in the usa and those shares start trading - but then our supposed usa buyer would be selling - then the premium would disappear

[hades1] 13/5/2021 17:12

Volume up to 447k ADRs at $18.12

[ivanborsky] 13/5/2021 16:45

And the ADRS are just about to pass the new 65day average volume of 104,040 ! Bring on the U/T and those late trades !

[nige co] 13/5/2021 16:45

The premium is closing Stan. Current ADR price $18.10 = 129p ITV closed 126.95.

[stansmith3] 13/5/2021 16:39

stv down 2.2% today

[stansmith3] 13/5/2021 16:38

so for once, roughly the correct premium

[nige co] 13/5/2021 16:17

ADR's $18.25 = 130p

[hades1] 13/5/2021 16:00

No.
Never had the requirement before.
This is very unusual strategy.

[nige co] 13/5/2021 15:55

Hades, are you able to see the ARD order book ?

[hades1] 13/5/2021 15:51

Surprisingly enough most won't buy until the first offer come's in.
The assumption is that there will be another offer and that risks are limited.
Many just follow the Hedge Funds - just buy huge volumes.

[nige co] 13/5/2021 15:34

How long before the cat is let out of the bag?

[stansmith3] 13/5/2021 15:28

yes cant buy

[hades1] 13/5/2021 15:28

Getting stronger 1.2m:0.75m

[hades1] 13/5/2021 15:26

No L2/3 very strong
1.15m buy
0.80m Sell
.................and no sizable offers parked in the book

[nige co] 13/5/2021 15:21

Hades, is there no large sell orders on L2/L3 ?

[nige co] 13/5/2021 15:19

Glad that you came to your senses mate. Lol

[stansmith3] 13/5/2021 15:14

nigecome on you know i came round to your way of thinking two days agolol

[hades1] 13/5/2021 15:01

L2/L3 extremely strong

[nige co] 13/5/2021 14:47

ADR's opened up $0.16 $17.96 Volume 65,200

[nige co] 13/5/2021 13:51

Must be promising if Stan agrees? Lol

[hades1] 13/5/2021 13:13

Sorry message board playing up.