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estseon - Thu, 22 Dec 05 :

Harry,

Well, somehow or other, the market has absorbed 2.5mn shares from Headstart Global without too much damage to the SP. The company has confirmed that it is in negotiations. Whilst the successful conclusion of those cannot be presumed it hardly seems to be fair to label the recent excitement as a "pump & dump" exercise. When the shares bubbled a bit earlier in the year, the directors issued an RNS damping them down. They might be entitled to the benefit of the doubt this time round. Further, there has been no disposal by those having notifiable interests including Man, which might be hedging. Disappointing that nothing has been announced and it may be too late now for the deal to come home to roost before Xmas. But no RNS must mean that they are still talking....


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