Maybe I'm contrarian but I hope it was Henderson as that'll mean half their holding is gone and they will then nearly be out (which would not necessarily be a bad thing). If it is them there will be a 'holdings' RNS as the 3% will have been crossed. In fact if it is any of the large II's I would've thought a 'holdings' RNS may follow on shortly (tomorrow).
Shylock Did you expect everyone who took part in the placing to become a LTH? No. Thats not how it works - I Know The immediate outlook for the SP seems bright, judging by the SP adjustment after the big sell.The adjustment is accompanied with a large spread. I was just sharing my concern ,and reiterate I hope it is not W H I at it again , Hillwi if this is the start of a selling down phase then I have to agree with you regarding our B O D
Agreed, someone took a bet and it paid off and now just transferred the risk to someone else. If this was the sell order which held the market down then I would expect the SP to start trading back to the mid to high 120's fairly soon
Did you expect everyone who took part in the placing to become a LTH? That's not how it works - although it looks like the great majority will be long and strong if you check out the major holders on the website. You just need to be sanguine about the sellers who want to flip the odd million or two for a 15% profit. There won't be many of them and they should all be flushed out soon.
The immediate outlook for the SP seems bright, judging by the SP adjustment after the big sell.
Yes, my very thoughts. I immediately thought Henderson, is it this large sell order sitting in the background that has been holding the share price down. I see the OFFER has now increased to 120p since that trade went through.
I really have a mis-trust of this Carver / WH Ireland / Henderson relationship and I have to say ED as CEO is party to it all.
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