M&G19 Jun 2020 18:53
It could be that M&G are reducing here at the levels they are because they are topping up elsewhere.
I know of at least one place they are holding 73,686,244 5.22% shares currently worth 24,869,107.35, and the reason I know this is because I'm invested there too. I only noticed their shareholding tonight and it would make sense for them to keep topping up because in the last 3 months it has gone from 9p to 33.75p, and it will only go much further.
I didn't mention the company name because I don't want anyone to think I'm pumping another share here.
I'm holding 2 million shares here, not a massive amount I know, but I do intend to HOLD for the mid-long term.
GLA