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They're at it again. Changing hands at this price. Good news if it continues at the price.
If they're all one side of a trade, that's a million pounds worth - easily 1%. Good stuff.
Exactly what I like to see. Identity of buyer/seller is unimportant, but ideally they have gone to a small or new holder.
Yes. And bulk sales with buyer(s) waiting must be a good sign. If the pattern is followed, there may be a period of consolidation around here. We await news on further company progress, with results in October being the next known expectation - but there may be something else before then.
And they're at it again. More bid numbers. All starting again at this price.
big numbers. And ask dropped.
Those trades, whatever they are, seem to have taken care of themselves - absorbed one way or another. One takes a profit, another looks to do so.
MXCP down to 6.65% on Fridays trades. As hoped and anticipated, coming out at market price in bulk at no damage to share price
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=MXCP&ArticleCode=hr77sxg7&ArticleHeadline=Further_Investment__Sale_of_Shares
And sort of surprisingly, put a lot into Tax Systems, rather than for use in new ventures. Something may unfold later, but that's for Mxc and tax investors.
We don't know yet who bought the 'second sale' shares.
Looks as though WRAY sold tax systems, which Mxc bought, at the same time as Mxc sold Castleton, which WRAY bought. Something to conjure with.
And there's the MXCP holdings RNS. This WRAY/MXCP dealing seems part of a wider strategy to me, of advantage to both.
I can go no further than the net result of the latest announcements. It frees up £2m+ cash for MXCP future deals.
Of no further consequence to Castleton, which is ticking over nicely.
£308k buy at 104.4. Another lot of shares starting again.
Some have achieved what they wanted, such as MXCP and are moving to pastures new. Others, such as Nigel WRAY, have added or bought in. It is very healthy for us smaller shareholders.
Actually, a bit surprisingly at that price for the day, that £308k was a sell on Friday by MXCP. So, anyway, somebody picked up that lump.
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=MXCP&ArticleCode=atku5auk&ArticleHeadline=Sale_of_Castleton_Shares
Price a bit out on the decimal points shown on trade as opposed to RNS. Still, same difference.
Pick the bones out of that lot!
One would expect a notification of holdings RNS. Perhaps it is MXCP selling. Whoever is selling and buying,, and knowing how well Castleton is performing ( not lost on the buyer(s) it is yet further good news for us smaller investors.
It must be MXCP coming out completely. That largest figure of 5685423 shares is their remaining holding as per. Mxcp last RNS. The rest may well be the buys.
If I'm right, and it seems too much of a coincidence to be otherwise, then that's them done and dusted, options and all.
And new holders. See what we get tomorrow or next couple days.
Well there it is. MXCP fully out at 97p. I'm guessing they have another company lined up to invest in. Good that the sp has held up nicely.
Pleased about that. Company trading consistently well, allowing the original cornerstone investors to exit their getting on 30% and options over time, to further their new plans, with buyers to hand. Bit of a milestone in the Castleton journey really. And one or two investors like it too.
A satisfactory day, following on from yesterday's further consolidation primarily as a result of MXCP final exit. Investors appear to have grasped the future benefits of that.
Senior managers will benefit in due course from the LTIP. Dean Dickinson and Heywood Chapman will not, so though unexpected it is hardly surprising that the CFO decided to take some of his substantial incentive options.