RE: WAND "Hunting Elephants"....17 Aug 2023 13:19
This is fascinating to watch and to be a part of. I was in TUI and was irritated as to the amount of dumping done by IIs just after their recent RI. However, most of this appears to be done with now. In a similar vein, WAND are in a similar boat. However even at this week's low, of 75p, it is still a 50% increase on RI stock. The questions are how many RI sales have been sold and, if not, how sticky are these shares in the hands of iis...AND WHY are they keeping them? Or is that really a stupid last question?