Persistent Seller?12 Oct 2021 10:26
Have we got 1 persistent seller dealing in 50k & 100k tranches do you think? If so, as there has been no TR1 that I am aware of is it most likely to be Royal Bank of Canada? Again if that is the case, I think they’ve got about 7m shares to potentially dispose of. At 100000 a day by my reckoning that would take about 3 months to dispose of in its entirety. Getting rid of a million per day obviously speeds the process up a fair bit! All of this post is complete guesswork & conjecture! Anybody know what’s really happening?