Ongoing accumulation? Lots of events and the meet-ups on the website but languishing again. Very recently slightly more buys than sells. It needs some market moving news to perk up interest. I’m still convinced it has more value in it so a boring hold for now.
Ongoing accumulation? Interesting increase in volume in the past two days but no news and I can’t see a reason.
Re: Ongoing accumulation? Don't forget the market cap is still very low for UBI and looking at the daily volume, it wouldn't make sense to invest such a large amount for a quick 30% - the logistics of buying and selling such a quantity in an illiquid market tell me that this is a longer term play and that they are looking for higher gains over a longer period of time.I have noticed very few sellers here over the past month, so I think if we get some good news or a recommendation, the price could really fly. My rough targets are 105p (hopefully in 2018) and 183p long term.
Re: Ongoing accumulation? Some of the buys will be holds and who would buy and hold for just 10%-20%?They expect to achieve better so must be thinking 30%+?
Re: Ongoing accumulation? Aaaaand there it is!Canadian Canaccord Genuity Group Inc. Bought in 5%![link]
Re: Thoughts, positive developments Thanks for the posts here - just been catching up and really useful to get these updates!
Ongoing accumulation? The price has not dipped one little bit for a long time now...Just a constant grind upwards.This, along with the fact that volume has increased and some very large buys have been going through lead me to think there is some large accumulation going on behind the scenes... Maybe we will see some announcements soon of new I.I's.Extremely bullish on this one for 2018!
Price Really neat rise that doesn't look finished yet. A buy.
Endorsement - Fed-Ex A fantastic endorsement. Author is Fed-Ex officer.[link] that to Daimler and Duke.What needs to happen to get the market to recognise this?
>50p close Just took a look and nearly fell off my chair.Great to see > 50p.
Re: Thoughts, positive developments Note how this stock transfer occurred after move to Finncap.Finncap probably have been inroads to institutions with demand.I don't think it's coincidence.
Thoughts, positive developments Kestrel parties made 208K to help UBI out over a 6 month period and put it on a better footing. Having now sold down 1.6M at 45p it has around 64% of its placing shares left.GOOD FOR ALL CONCERNED.Another institution increasing (demand) at a pre-placing priceMore new services/product developed/ released in past 6 monthsBalance sheet strengthenedBank servicedJapan rationalizedMargin improved and should do so furtherIt looks good to me.Kestrel Partners LLP (Oliver Scott) placing share at 32p = 4,550,000
Other 1.6M 1.6M out of total Kestrel.Where did the other 1.6M come from I wonder.
Re: Volume and new Partner Not much free stock around.Kestrel lightening up could also make it easier for UBI to raise funds in future.Kestrel can now add without being slow close to 30% and increase institutional base to tap.
Re: Volume and new Partner Still here! Kestrel sold but at pains to state that it was in response to institutional demand for shares. That is positive.I agree that signs look positive. This team seem to be on the cusp of turning the great technology and product, into profits and cash and a serious business. The days of Hopper and Green are a fading memory....