RE: Volume vs SP16 Aug 2019 07:28
The.Italian,
I am not entirely sure how to managed to work that one out about ii's since unlike the UK there are no forcible rules in HK requiring any form of share holding disclosure. If you looking back to the amount of shares traded the few days following the UK launch (about 1.5billion or along that sort of magnitude and that was just the free float that was traded), there was not one disclosure made. There was also no immediate disclosure made when Maven sold their full holding during that same period (what was it 6 or 8%?). JG was questioned as, from what I remember, were the HKSX, but neither were that interested in following up since it was not a forcible requirement. As such, its anybody's guess if there are any ii's. Personally I think there must be some, but who, I don't know. We may just find out once we reach phase III of the FDA and some entity offers 500 mill USD for the remaining 70% RPG stock.....LOL.