RE: SP pull back this morning15 Oct 2025 11:15
I imagine many US investors will be seeking to take advantage of the obvious arbitrage between the SPAC valuation and the mcap of MKA whilst under £300m. It's not so easy for retail to get involved of course but for a decent sized shop it's no problem and, no, you won't see a TR1 until they're done buying.
Clearly, at the size of trades we've seen this past quarter this is *not* retail money moving this.
Money is flooding into this space now from everywhere, I wouldn't sweat on where it's coming from :)