anyone have an idea why this has been flying over the last week? had Hutchings finally bought something?

interesting levels now...

Could this be it.....?

Lupus Capital notched up a gain of 3/4 to 11-3/4 on whispers that the group is close to unveiling its maiden acquisition.

Close watchers believe executive chairman Greg Hutchings has already met with bankers with the aim of securing debt finance for what is thought to be a major acquisition for the 25 mln stg company.

up 2p....report in the Telegraph:

Elsewhere, Lupus Capital ticked 0.25p higher to 11p on whispers that the group is close to unveiling its maiden acquisition. Gossips reckon Greg Hutchings, Lupus's executive chairman, has already held meetings with bankers with the aim of securing debt financing for what would be a giant acquisition for the 25m company. Mr Hutchings hopes to repeat the success he had at Tomkins which saw him turn a tiny company into a billion-pound enterprise.

But he has so far struggled to find acquisition targets for Lupus. Mr Hutchings took a 12.5 per cent stake in the group in January 2004 at 9p and secured options over a large number of shares which can be exercised at 17.25p and will more than double his holding in the company. However, these options expire in July so if they are going to make any money at all Mr Hutchings he needs to get his skates on and complete a deal that will get Lupus's share price moving before then.

Lupus Capital PLC
13 May 2005

mabe not...

Lupus Capital plc

Response to press speculation

The Board of Lupus Capital plc (the 'Company') has noted today's press
speculation and the recent rise in the Company's share price. It is our policy
not to comment on press speculation or market rumours. As mentioned in our
preliminary announcement we continue to be diligent and resolute on making value
producing acquisitions. However, we are not aware of any particular reason for
the increase in the Company's share price.

Yeah, a million thanks Greg.....

he is really messing around here. at least say he is close to something!

this weeks massive jump in the lupus share price vanished before i even had time to CONSIDER as to on what i might spend that profit.

i pride myself on a wide knowledge(?) of business matters.....but i just could not grasped the reason why millions of shareholders pounds were poured into the LESOT of lupus...and so we had that massive loss for the year

was it the matter of millions of pounds going in from GREG and then out again via the LESOT ...but in the course of that activity existing shareholders suffered a dilution of their equity.......and that equity holding of those current shareholders will be further shredded if the massive number of options are exercised . EXPERT ANSWERS PLEASE MANY THANKS

NO WRITS PLEASE.....THESE ARE SIMPLE QUESTIONS FROM AN EVEN SIMPLER LONG STANDING LUPUS SHAREHOLDER

I think the only way you can look at it is that it is like Real Madrid signing Beckham. Greg comes with a terrific reputation and with the number of followers that he has the share price could virtually double over night on the right deal. However Greg certainly does not come cheaply but if like me you paid 6p for your Lupus shares the odds are you are going to make a good profit. The question is when to get off the merry go round.

i made a substantial investment in LUPUS on 4th. nov. 1999 ( how time passes) at 8.97p.........this is clearly (as poacher45 states) a share to exit at some price leval. however it could grow and grow

I wonder how old GH is and whether he has returned to find this a changed business climate.
sd.

Anything in the weekend papers about all this? Can't see anything on the traders thread.

Nevertheless, it's moving up again. After an early rise, now another tick up on the bid.

And another. Strong end to the day.

Still moving up. Worth watching.

seems to happening...come on Greg!

Game over, for the time being.

updated the chart...

added some more yesterday and paid 13. don't feel so bad about it this morning!

A sudden flurry of activity. No announcements made. Something in the wind?

Hmmm, two half million share trades just gone through.

maybe a roll, but maybe not.....something in the wind i think or else i think people will start asking...Greg who????