RE: market really selling off and I don’t know why ??30 Apr 2021 13:08
Perhaps they sold even more yesterday, and are now sat on a couple of million quid to invest in something else, while still holding a stake in HE1 to sell later, or get dividends from. Even with 10 million shares left, when HE1 hits a quid, which it will, the investment is still worth 10 million.
Most traders, me included topslice when the time is right, and are left with a free carry for the long term, why should the BOD be any different? The BOD can't win with you lot, they invested in it, de-risked, made some money back, still have a good size holding, and yet you still moan!
There is another option to consider, they still have an option on over a million discounted shares, for less than they have just sold shares for