1 for 7 fkp now fkpda for some days, page-45

  1. 789 Posts.
    lightbulb Created with Sketch. 5
    I have been buying all day today. Each time they fall, I buy some more. It has been a busy day as they have just kept falling.

    What I think it is that is causing this is a fund manager such as Hunter Hall having to sell out. It is their sort of stock and I saw recently that their funds under management had fallen by 34% over the last 16 months due to redemptions and distributions. Recently they sold their whole 18 percent holding of Structural Systems which is another one of mine.

    I imagine if the Bots know what shares Hunter Hall holds then they would be a tempting short sell. At STS their holding was held under the name of JP Morgan Nominees and I see that name appears twice in the top 20 for FPK although that is no guarantee that they are representing Hunter Hall this time. I see Hunter Hall (HHL) is down 6% itself today so the bots might be having a go at them and their holdings.

    Does anyone know if Hunter Hall holds FKP shares?

    Morning Star rates FKP as being worth $1.63.

    GPASAS
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.