Ashtead (AHT) - The recovery continues

Scburbs....I was surprised that we did not rise on the H&E Court case win yesterday....we were actually marked up on the early order book & we actually had the Bid higher than the Offer at one stage.

But as I remarked yesterday I was sure that there was a large seller(s)that was bringing down the price....

So instead of testing 134p as I think we would, we ended up at around the 128p level, before recovering well to finish @ 130.5p.

Well the seller contacted me yesterday to tell me what he had done & why he had done it....which was very kind indeed as it is helpful & re-assuring to know who is selling & why.....

The Seller was a fellow spread better who felt he was over exposed to the market & had reduced his bet by £5.000/1p....So he sold 500.000 AHT shares on the order book (AT TRADES). Worked through between 8.00am & 11.30am.

He still has a substantial holding, which he is holding onto.

& no it wasn't me.