Totally Share Discussion Threads

[jackbal] 14/2/2019 19:38

Hi all,

I bought some of these today and was advised that a large individual holder/seller was keeping the share price depressed and that the large crossing trade was to take the shares out of the sellers hands and into potentially stickier hands.

I obviously asked why the seller wanted out and was told it was simply a large holder wanting to do something else with their money and that Cannacord has 50p target.

I already had the stock on my watchlist due to the large cash balance and decided on a small medium term holding.

Next set of results are expected to show a decline in cash position to around 6.8 million but following year no cash burn and revenues up to 87 million.

Only took a small chunk of stock as the price was good but my assessment is that this share price must be close to the bottom due to cash pile as long as my sources have their facts completely correct.

The next results forecast to show cash burn has almost doubled in the last year may well weaken the share price a little more so it made sense to kept some powder dry for possible avg down.

On the flip side the weakness in the share price may already be priced in due to points above and with the overhang sorted I feel good time to dip a toe.

Good luck all

[coldspring] 14/2/2019 16:48

Reasonable shout about the buy back possibly starting. If it is the company then less likely to sell them back on any news that spikes the price. Been a long wait for this one

[microscope] 14/2/2019 16:11

Ooh now... I wonder. Could this be a final clean out of stale overhangs? I thought we had probably got rid of them, but if not maybe this is it.Also, given the discrepancy to the share price, could it even be the company has agreed a price and initiated the buyback? Only time will tell. It's guesswork, but the millions will surely become clear soon enough through an RNS or two....

[forsh] 14/2/2019 15:38

All the biz is crossing/unwinding at 12.5p - 12.525p with what looks like a straight cross at 12.525p

That makes 12.5p the level at which there are willing buyers and sellers so it will be interesting to see if the price holds up over the next few days

[1gw] 14/2/2019 14:24

Assuming that 3.7m was a single seller, it can really only have been Legal & General or Unicorn, looking back at past declarations and the current website listing.

L&G disclosed 7.64% (4.6m shares) as of 18th October
Unicorn is showing as 5.8m on the website and has been at this level since before the placing.

I would guess it is L&G given they already sold some this year, but in that case it wouldn't be the full amount they had left on 18th October. They might have sold them separately ahead of the 3.7m and this does finish the order and clear them out, but a bit early to draw that conclusion definitively I would say.

[dave4545] 14/2/2019 14:08

I think you miss the point.

A seller with 3.6 million dripping them out in a market where there is little support could take the price down to very low levels.

Instead their broker has rang around other institutions and they have took all the stock for a slight discount of 12.5p, good price for the seller and good price for the buyers.

Good news for the pi's at it clears a overhang although so far not many have cottoned onto this yet.

[football] 14/2/2019 13:50

There I go shaking my head again all this buying so STT and Dave said going on but the share price is falling surely that's a sign that someone is getting out at any price?

Must be 95% plus down now and still he ramps the share



I would think most people here now bite your hand off if they could get back the shares they bought 55p in the placing and wash your hands of this



What do you think STT wished you never filled up your Ias's them placings and all the topping up you've done

[football] 14/2/2019 13:36

<...> Classic STT with that!



Yes Dave crossover trade so who and why is someone dumping so many shares that they properly paid 55p plus for but want to get out at any price and willing to take a 70% loss on?


I shake my head sometimes at the garbage posted on your for every buyer the must be a seller so why would someone dump this shares for a 70% loss or more?

[sikhthetech] 14/2/2019 13:29

YES...100%..


dave454514 Feb '19 - 13:26 - 7454 of 7454(premium)
0 1 0
Are you really that stupid football
<...>

[dave4545] 14/2/2019 13:26

Are you really that stupid football

It's a cross between a seller and a buyer.

I shake my head these days at the garbage people write on these forums.

[football] 14/2/2019 13:21

FACTS!! Large sell trades going through....


expect some holding rns' soon... for a big seller


sikhthetech14 Feb '19 - 13:14 - 7451 of 7451
0 0 0
Large trades going through....
expect some holding rns' soon...

[sikhthetech] 14/2/2019 13:14

Large trades going through....
expect some holding rns' soon...

[dave4545] 14/2/2019 13:13

Suggest you look at the huge volumes changing hands 8.5 million so far.

Only 60 mil in issue

[dave4545] 14/2/2019 12:58

Looks like a big seller has found a home for their stock. Yes it's at 12.5p but it still means that a overhang is being cleared so price could recover.

[football] 14/2/2019 11:15

I can see a lot of shareholders here using totally's 111 service as a will be phoning them up saying they've lost the will to live and can't carry on.





Roses are red
violets are blue
this is going down
and you know it to



Happy Valentines mugs

[football] 13/2/2019 11:36

How long before the next BIG drop here STT?

[longshanks] 12/2/2019 13:38

I picked up some more at 14.2p

[microscope] 12/2/2019 12:37

. wrong thread oops!

[football] 12/2/2019 10:10

LolSame old ramping

[deltrotter] 12/2/2019 10:08

Stock getting tight again Nobby....

[nobbygnome] 12/2/2019 09:19

The trades at 14.2p are buys....

IUC contract news very soon...

[football] 12/2/2019 08:19

good start today not red tet but still time tooooo go red

[football] 11/2/2019 12:13

that's 3% so only 47% more to go