RE: What comes next?10 Jun 2021 12:05
I think most of the selling is done, regarding present investors.
People who didn’t want an increased holding would’ve already sold in the market at the higher price, knowing that their placing shares at 50p would replace them, bringing their total holding back to the same.
A few would have averaged up, so probably long term holders, and some would have averaged down, STAF were £15 a share a few years back.
The only sellers I could see would be the large investors, but they could’ve already forward sold their shares already, and so will pass them straight on when they receive them, damage already done type of thing.
STAF should move higher as the year progresses is my opinion.