Lindsell Train Investment Share Discussion Threads

[valter] 23/1/2001 22:37

Well, now I know as well!

[dorsey] 23/1/2001 21:56

Y2K, I know what you're saying but mm's would have to justify such a fall for audit purposes.

Hilary, Thats the only logical explanation I could think of. Have you ever known that to happen before?

Regards

[hilary] 23/1/2001 21:29

Should add that if my theory is correct then they would actually be up today by 2 or 3% on zero trade.

[hilary] 23/1/2001 21:24

Dorsey,

I know nothing of lti, but noticed the fall this morning. I came to the conclusion that there was probably a data feed error and yesterdays prices were probably in pennies which had been posted as pounds and which were posted correctly today. How many ipos do you know that come to the market at £1100 per share?

[y2ksailorbar] 23/1/2001 20:52

Dorsey-mm,s never justify anything.Worth remembering.

[dorsey] 23/1/2001 20:44

Yeah, thats all I know but why would a stock fall 98% in one day on NIL trades and no press reports or RNS news? Surely the mm's would have to be able to justify such a drop.

Regards

[bhoy] 23/1/2001 20:13

I don't know anything about them apart from them being an Investment Trust, they only came to the market 22/01/2001(yesterday). Not even worth looking at any further, there is only one piece of RNS news.

[dorsey] 23/1/2001 20:04

Come on boys, someone must know something.

[dorsey] 23/1/2001 19:03

I was away from the office all day so this is the first chance I've had to see how things went today. When looking throught the biggest % fallers I see this one has lost a massive 98%

I have never heard of this stock before. Can anyone tell me why such a dramatic fall???

Cheers in advance.

Dorsey