RE: WTF20 Dec 2024 02:13
SeisNAV , respect ur opinion mate. Ta. You said 2.2 billion shares minimum needs to be traded to clear the placing, of course that is if every share was to be sold. Which, imo, is unlikely. Some might like the story n hold, maybe even average down with buys.
But, thinking about it, ur point “that’s how the placing high net worth participants usually roll ( dump) “ makes sense, They then move onto the next placing with funds intact.
They’re not at all interested in the story, just a quick turnaround
You could well be largely right, although any still holding must surely now be “considering” a longer hold if they’re in loss even allowing for selling some at a profit