Wt Rene Etf Discussion Threads

[waleriuszwatrobka] 08/9/2010 12:13

...as it was with EFD, before it has landed first around 1p and now well below

[flojo] 08/9/2010 12:06

Agreed Tara something going on in the background here.

[tara7] 08/9/2010 12:05

Well, well, well.

Looks like delayed buys on the way.

Wins look like being cleaned out.

If the directors took the stock expect a fast rise from here.

[tara7] 08/9/2010 11:20

Wins have put up the offer, has someone cleaned out the overhang.?

[tara7] 08/9/2010 11:13

Fear is the time to buy, some will go bust others 10, 20, or 50 bag.!

[pp78] 08/9/2010 10:53

Hi tara

But didn't the share price start falling significantly before these large volumes were sold.

[tara7] 07/9/2010 19:49

Hell guys you may have read this a tad wrong.

One big shareholder sells up for about 7% of what he paid.

The drop caused the RNS to be put out.

Thats what has moved the price down.

Its the market cap you need to look at , now under 1 Million pounds.

Any new investor will want those shares first, then put his money in to the company.

Director just might buy a few also.

[pre] 07/9/2010 19:39

based on the large sells that went through...insider info(?)...aint bust which was the fear..lets see how things pan out....

[pp78] 07/9/2010 19:37

pre
I would love it if you were right but........

I don't know how it could be factored in if the general public only just knew about it and also it does seem a little strange that what looks like a large stakeholder jumping ship on news which wasn't released.

Believe me I want it to go up but I think it will yake better news and more time.

[pre] 07/9/2010 19:30

looks like the news has already been factored in, hence share price fall over the last few days....at least we know the reason...

'....Discussions are, however, continuing with a number of
possible investors and the Board remains focussed on generating shareholder
value.'

Good news is that they aint bust....could see strong recovery now this is out...be interesting tomorrow folks:-))

[bozzy_s] 07/9/2010 17:42

I'd be f------ angry if I'd bought after the 6.6m sells today. Clearly the insti seller knew unpublished info re financing/funding for WREN.

[johnsoho] 07/9/2010 16:55

Hmmmmm....money problems and a late RNS

The Directors note the recent significant movements in the Company's share
price. As stated at the time of the publication of the interim results for the
half year ended 31 January 2010, the Company's challenge was to "complete the
funding packages necessary to acquire and build its Extra Care schemes". To
date, Wren has not been able to secure the full amount required to progress its
Extra Care developments. Discussions are, however, continuing with a number of
possible investors and the Board remains focussed on generating shareholder
value.

[tara7] 07/9/2010 16:38

Well not bust yet, looks like some have left town.

Good E/W bet from here.

More than one investor, or take a hit and sell up for whatever the directors are given.

[double6] 07/9/2010 16:15

Well at least the sell is out of the way!

[bozzy_s] 07/9/2010 11:47

I mentioned CNT earlier. I wonder if (and it is just a thought, not a suggestion) Whitehall had money invested in the now-suspended CNT, and therefore need to realise cash from elsewhere?


That said, CNT was suspended today, whilst the WREN sell order must have been placed last week.

[pre] 07/9/2010 11:46

agreeable...they had 6.75m per rns 20/4/09 and looks like they've sold up 6.6m...so essentially they're out:-)

[tara7] 07/9/2010 11:29

I would have an idea they need cash fast, or falling out with directors.

[pre] 07/9/2010 11:26

well looks like seller needed cash so out...still trading at dirt cheap price now...

[agreeable] 07/9/2010 11:21

seller thought to be Whitehall Consolidated who obviously know something we dont! They were in at 6p so have taken a biggish hit but still have 7m to go if I am right!

[bozzy_s] 07/9/2010 11:05

And we all agree, 0.625p with NAV of many multiples of that, is very cheap!!

Trade has now been amended to 2 x 3.3m sells.

It's either serious insider-dealing, or it's someone needing cash urgently.

I nearly bought CNT after an even more dramatic fall, they now appear worthless, so I won't take the chance here either.

PMHL is good enough for me, NAV of 320p per share, mostly cash.

[tara7] 07/9/2010 10:56

MM will only take on that amount of stock if it can fire it out fast.

To do that it has to be cheap , very cheap.

[pre] 07/9/2010 10:46

yep agree tara7...land and buildings would have good value...current mkt cap now looking ridiculous imo....

[tara7] 07/9/2010 10:42

So they paid 7p, now under 2p.

One of 2 things, its going bust, or its a gift.

Take your pick.

Knock off goodwill and a load more should have well over 6 times the share price left.

[pre] 07/9/2010 10:39

most recent rns below...mkt cap way too low now imo:

Wren Extra Care Group plc (AIM: WREN)

Holding in Company


Wren Extra Care Group plc ("Wren" or the "Company"), the AIM listed provider of
retirement living, through a range of Extra Care and other services for the
independent elderly, has been notified today that Mr. Sidney Cordier and Mr.
Brian Wilson, acting in concert, hold in aggregate 2,416,667 ordinary shares
representing 4.61% of the current issued share capital of the Company following
the purchase of those shares at a price of 7 pence per share.