Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
I wouldn't necessarily trust CF that these shares have gone to true IIs. He's been saying for years that institutions love and hold open orphan shares with next to no evidence. Regardless I'm LTH letss go
Anyone have any idea if it's significant that its a new different type of study, or it has significant revenue?
It's exciting that firms want to use ORPH but I wouldn't think that allowing the site to be used as a vaccination clinic would bring in much revenue
Bit disappointing so far but very early days! I had thought we might have seen at least one or two major holding notifications - was the whole amount sold through primary bid? Hoping to see some cornerstone investors on the register at some point
I was never that keen on him announcing this ahead of time. The great thing about ORPH shares are the potential for signigficant newsflow - this RNS signifies we might be entering a 'quiet' period.
The commitment to not dump shares at the end of lockup was as good as a buy intention for me
RNS out - he has purchased 1,132,075 shares
Don't think there is any with substantial holdings as they would have to disclose to the market. The AJ bell/ProactiveInvestor type retail investing nights are great, but it would be nice to start seeing presentations at conferences and investor days more pointed towards larger sophisticated investors
Not sure they are really II's Ryanwood - they look more like nominee companies where a bunch of people have their ISA, personal trading account etc holdings
So much about the poolbeg shares.. they haven't listed yet, and anyways we can't trade them for 9+ months
I had thought a company was obliged to provide access to their shareholder register. Has anyone done this before? I imagine it wouldn't be a big burden to ask ORPH to produce it every month or two
Im restricted to trading in the SetsQX auctions - does anyone have an idea what times have the best liquidity? I see the times are 8am, 9am, 11am, 2pm and 4:35pm
Surely IG aren't sitting on a bunch of short positions in AIM stocks as a result of your spread betting
Broker note reaffirming 28p to follow lol
Please forgive me if this has been covered but in CFs (fantastic) presentation last night he was discussing dividends but was sure to refer to them as an upcoiming dividend in specie.
I can see how this would work for say a spinout of Immutex onto the NASDAQ, but would hope that a cash sale of any of the non-core assets as well as excess money in the bank would come in the form of a cash dividend. Is he setting us up for some kind of deal where we get shares of the non-core asset acquirer? Maybe its semantics and I am reading the wrong way into this.. !
I do use T212 and have found it great so far, worth doing your own research though. They don't however route any orders to market makers so for stocks like Orph you can only trade these in the auctions. I'm regaularly accumulating fairly small parcels of shares and haven't noticed any liquidity issues but it might be a different story for trading large chunks. Others on this forum likely have a better feel for whether T212 is good option or not
Orph is on the SetsQx part of aim which can make it a ball ache to get in and out of sometimes.
There's a number of daily auctions which sites like Trading 212 can participate in. A fuller-service broker will route your order to one (or more) market makers. It's unfortunately not like a traditional limit order book where you can see all the bids and offers across the market.
Sorry I didn't realise links were prohibited. Was just linking to an article about exploration in Somalia being opened up, there was reference to Genel's exploratory well in Somalia which looked promising