RE: To good to miss!17 Oct 2023 10:44
Personally, I think the sell off is HC.
It happened last quarter also, same timing - week or so before conversion. They probably haven't sold everything that they have taken, to allow themsleves to take advantage of higher share prices - Its a guess. if this is the case, what they have sold gets refilled by the next payment.
The lumps & frequency are too big for the pansy AIM shorters.
Having said that, Jupiter are being hit by redemptions and they have a chunk in Avacta - other funds are being hit by redemptions also, it could well be one of the funds selling down.